« previous next »

Author Question: If you are to receive a payment of 200 at the end of the first year and a payment of 250 at the end ... (Read 37 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 30, 2018
If you are to receive a payment of 200 at the end of the first year and a payment of 250 at the end of the second year and the market interest rate is 5 percent, the present value of this income stream is
 a. 400.37
  b. 417.23
  c. 450.00
  d. 475.37
  e. 490.13

Question 2

Foreign exchange means
 a. changing dollars into foreign currency
  b. domestic currency held to finance international trade
  c. foreign currency
  d. trade between governments
  e. trade between individuals in different countries


nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth
Infant: 4 weeks to 1 year. Infant: 4 weeks to 1 year.
Hospitalization per year Hospitalization per year
Overfished per year Overfished per year
Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ... Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ...
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library