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 109 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
:D TYSM


matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library