What is the present value of an investment at 6% annual simple interest if it is worth

Question:

What is the present value of an investment at 6% annual simple interest if it is worth $832 in 8 months?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 05:31 AM

See More Questions

What is the present value of n periodic payments of x dollars discounted at b per period? A special feature of a normed linear space is that its structure or geometry is uniform throughout the space....
1. College expenses at a private college currently average $35,000 per year. It is estimated that these expenses are increasing at the rate of % per month. What is the estimated cost of a year of...
a. What is the Net Present Value of the firm's cash flows over the five-year period? b. Construct a tornado chart for the analysis in (a). List the relevant parameters in descending order of their...
Verify that the functions are probability density functions for a continuous random variable X over the given interval. Determine the specified probability. f(x) = xe over [0, ), P(1 X 3)
If you tried to smuggle gold bricks by filling your backpack, whose dimensions are 60cm X 28 cm X 18 cm, what would its mass be?
You need to estimate the value of Laputa Aviation. You have the following forecasts (in millions of dollars) of its profits and of its f investments in new plant and working capital: Year 1 2 3 4...
Raster Imaging Company has a new management team that has developed an operating plan to improve upon last year's ROE. The new plan would place the debt ratio at 55 percent, which will result in...
One subunit of Speed Sports Company had the following financial results last month: Requirements 1. Complete the performance evaluation report for this subunit (round to four decimals). 2. Based on...
Please indicate each account if its: - Balance sheet or income statment - is it credit or debit - what is the properties for each account as follow: cash, prepaid expenses, long term investments,...
The accompanying graph is a special histogram with additional information; it was made using StatCrunch. People who studied music as children were asked how many hours a day they practiced when they...
If you want to earn 15% annual simple interest on an investment, how much should you pay for a note that will be worth $13,500 in 10 months?
If $5000 is invested at 8% annual simple interest, how long does it take to be worth $9000?
For Problems give the signs of the first and second derivatives for the function. Each derivative is either positive everywhere, zero everywhere, or negative everywhere. 1 X f(x)
Quick Write 10. Based on what you have read in this section about shifts in the demand curve, write a short essay answering the following questions: How did your demand for a product change based on...
It has been my experience that a portfolio manager can perform poorly on the returns front but as long as they "beat" their benchmark they have done well. In today's environment, we see a lot of...
6. List at least three goods that could be considered substitutes for movie tickets. Critical Thinking 7. Summarize (a) Does a change in the price of a good cause the demand curve to shift? Why or...
Explain how ex-ante risk measures differ from ex-post risk measures. Provide an example of both.
Describe how to implement a pairs trading strategy by providing an example. What are the risks associated with implementing a pairs trading strategy?
Evaluate the expression. 10 3
Pearl Medavoy will invest $10,240 a year for 20 years in a fund that will earn 10% annual interest. . If the first payment into the fund occurs today, what amount will be in the fund in 20 years? If...
Find the first and second derivatives of the following function. R(s) = (l + s2)(2 + s).
Find the first and second derivatives of the following function. f(x) = 3 + x/2x.
Find the first and second derivatives of the following function. G(y) = 2 + y/y2.
I am running for Vice President of Legislative Affairs at my University as part of the Student Government Association. I am need of ideas!!! Keep this in mind. My platform is centered around pushing...
What are some ways that synergistic communication can positively affect organizational communication? Furthermore, how does SC relate to the achieving of (or the not achieving of) the overall goals...
Choose an organization's website. Provide the name of the company and the URL address at the top of your answer. i) Analyze the website using THREE (3) relevant corporate communication concepts. (9%)...

What is the present value of an investment at 6% annual simple interest if it is worth

Question:

Step by Step Answer:

S P I S P Prt 8...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions