« 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 16 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?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Eighteen-year-olds were the largest age cohort in the first year of the war in both armies. Soldiers Eighteen-year-olds were the largest age cohort in the first year of the war in both armies. Soldiers
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
Infant: 4 weeks to 1 year. Infant: 4 weeks to 1 year.
Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ... Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ...
Kahan (Last Year) Kahan (Last Year)
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Introduction to Cystic Fibrosis

For a complete list of videos, visit our video library