This topic contains a solution. Click here to go to the answer

Author Question: Drew receives an inheritance that pays him $50,000 every three months for the next two years. Which ... (Read 16 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
Drew receives an inheritance that pays him $50,000 every three months for the next two years.  Which of the following is closest to the present value (PV) of this inheritance if the interest rate is 8.5% (EAR)?
◦ $354,223
◦ $365,322
◦ $364,309
◦ $400,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tiffannnnyyyyyy on Jul 9, 2019

IRincones

  • Sr. Member
  • ****
  • Posts: 321
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly




tiffannnnyyyyyy

  • Member
  • Posts: 512
Reply 2 on: Jul 9, 2019
Gracias!


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library