Question: What is the present value on January 1, 2016, of $10,000 to be received on January 1, 2020, and discounted at 6% compounded quatterty7

What is the present value on January 1, 2016, of $10,000 to be received on January 1, 2020, and discounted at 6% compounded quatterty7

Step by Step Solution

★★★★★

3.39 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Present Value Future value 1 rate 4 number of periods Future value 100... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1019-B-C-A-C-P-A(2388).docx

120 KBs Word File

Students Have Also Explored These Related Cost Accounting Questions!

Q:

What is the present value on January 1, 2019, of $10,000 to be received on January 1, 2023, and discounted at 6% compounded quarterly?

Q:

What is the present value on January 1, 2019, of 7 equal future annual receipts of $30,000 if the first receipt is received on January 1, 2020, and the interest rate is 10% compounded annually?

Q:

What is the present value on January 1, 2019, of 7 equal future annual receipts of $30,000 if the first receipt is received on January 1, 2019, and the interest rate is 10% compounded annually?

Q:

What is the present value on January 1, 2016, of $10,000 to be received on January 1, 2020, and discounted at 6% compounded quarterly?

Q:

A.) What is the present value on January 1, 2016, of $40,000 to be received on January 1, 2019, and discounted 8% compounded annually? B.)What is the present value on January 1, 2016, of 7 equal...

Q:

1) A) What is the present value on January 1, 2016, of $30,000 due on January 1, 2020, and discounted at 10% compounded annually? B) What is the present value on January 1, 2016, of $40,000 due on...

Q:

What is the present value on January 1, 2016, of $30,000 due on January 1, 2020, and discounted at 10% compounded annually? What is the present value on January 1, 2016, of $40,000 due on January 1,...

Q:

What is the present value on January 1, 2016, of $30,000 due on January 1, 2020, and discounted at 10% compounded annually? What is the present value on January 1, 2016, of $40,000 due on January 1,...

Q:

What is the present value on January 1, 2016, of $30,000 due on January 1, 2020, and discounted at 10% compounded annually? What is the present value on January 1, 2016, of $40,000 due on January 1,...

Q:

What is the present value on January 1, 2016, of $30,000 due on January 1, 2020, and discounted at 10% compounded annually? What is the present value on January 1, 2016, of $40,000 due on January 1,...

Q:

Rock PLC purchased 400 shares of Magnet PLC at $50 per share through a brokerage account. Rock PLC borrows $4500 from the broker to get support the purchase at an interest of 9% (loan interest rate)....

Q:

What are the reasons that not all leases are accounted for in the same manner? Do you think it would be possible to develop a new accounting rule that would treat all leases in the same manner?...

Q:

i . Would you rather receive 1 0 0 today or 1 0 0 in exactly one year? Explain your choice. ii . What is a lump - sum payment? iti. What is an annuity? What is an ordinary annuity ( also called...

Q:

6. Why is planning so important in supply chain management?

Q:

Slug flow is an idealized tube flow condition for which the velocity is assumed to be uniform over the entire tube cross section. For the case of laminar slug flow with a uniform surface heat flux,...

Q:

Superimposing a control volume that is differential in x on the tube flow conditions of Figure 8.8, derive Equation 8.45a.

Q:

Superimposing a control volume that is differential in x on the tube flow conditions of Figure 8.8, derive Equation 8.45a.

Q:

Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures quotes, , on the British pound () to speculate on the value of the pound. a. If...

Q:

First Simple Bank pays 8.5 percent simple interest on its investment accounts. If First Complex Bank pays interest on its accounts compounded annually, what rate should the bank set if it wants to...

Q:

A friendly merger is a\ A. merger in which the target firm's management acts to deter rather than facilitate the acquisition\ B. merger transaction that is endorsed by the target firm's management,...