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

Author Question: The present value of $100 to be received one year from now, with an annual interest rate of 8%, is (Read 74 times)

JimmyJoe

  • Full Member
  • ***
  • Posts: 139

Question 1

How much would you have to deposit today in a bank account paying 8% annual interest to allow you to withdraw $200 one year from now and still have $200 remaining in the bank?
◦ $185.19.
◦ $216.00.
◦ $385.19.
◦ $370.37.
◦ none of the above.

Question 2

The present value of $100 to be received one year from now, with an annual interest rate of 8%, is
◦ $94.34.
◦ $102.13.
◦ $108.00.
◦ $85.73.
◦ $92.59.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by JimmyJoe on Oct 12, 2022

kuttz

  • Full Member
  • ***
  • Posts: 168
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 29% of students answer this correctly




JimmyJoe

  • Member
  • Posts: 139
Reply 2 on: Oct 12, 2022
Wow, this really help


ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library