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Author Question: If 5,000 is borrowed at 9 percent to be paid back over one year, the interest on the loan is ... (Read 96 times)

luvbio

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on: Jul 6, 2018
If 5,000 is borrowed at 9 percent to be paid back over one year, the interest on the loan is ________.
 
  A) 450
  B) 590
  C) 500
  D) 490
  E) None of the above

Question 2

Given the following stream of cash flows assuming a current discount rate of 10 percent, what is the net present value of the project?
 
  Year Cash Inflow
  1  500,000
  2  750,000
  3 1,000,000
 
  a. 1,000,000
  b. 1,825,695
  c. 2,137,980
  d. 2,250,000
Entrepreneurship and Small Business Management ¦ Mariotti, Glackin ¦ 2nd Edition
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covalentbond

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

b


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