This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What would the future value of $150be after7years at9% compound interest? (Read 71 times)

Ale

  • Full Member
  • ***
  • Posts: 125
on: Aug 7, 2023

Question 1

What is the PV of an ordinary annuity with9payments of $2,900if the appropriate interest rate is 6.7%?

◦

$17,641.51


◦

$18,517.38


◦

$19,439.35


◦

$19,137.68



Question 2

What would the future value of $150be after7years at9% compound interest?

◦

$206.53


◦

$214.67


◦

$258.07


◦

$274.21

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Ale on Aug 7, 2023

heathercab

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Aug 7, 2023
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 39% of students answer this correctly


Ale

  • Member
  • Posts: 125
Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

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.

Future train Future train
Small local hydroelectric power generators have more future potential Small local hydroelectric power generators have more future potential
A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ... A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ...
Determine the mass of a nonvolatile, nonionizing compound that must be added to 4.76 kg of ... Determine the mass of a nonvolatile, nonionizing compound that must be added to 4.76 kg of ...
The compound eye of a deerfly The compound eye of a deerfly
Compound Eyes Compound Eyes
Video: Heart sounds

For a complete list of videos, visit our video library