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

Author Question: Suppose an investment will yield 1,000 after one year and 2,000 after two years. What is the present ... (Read 27 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Suppose an investment will yield 1,000 after one year and 2,000 after two years. What is the present value of this investment if the discount rate is 8 percent?
 a. 2,479.34
  b. 2,640.60
  c. 2,727.27
  d. 3,000
  e. 3,520

Question 2

If the U.S. dollar appreciates, it becomes cheaper for Australians to visit their relatives in the United States.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Excellent

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Reconstructed West Front of the Altar from Pergamon (In Present-day Turkey) Reconstructed West Front of the Altar from Pergamon (In Present-day Turkey)
Agriculture in 10,000 years ago Agriculture in 10,000 years ago
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
Earth 200 Million Years Ago Earth 200 Million Years Ago
Walking into new year kids drawing Walking into new year kids drawing
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library