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

Author Question: The present value of a 100 three-year annuity due (first cash flow occurs today) discounted at a ... (Read 89 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jul 10, 2018
The present value of a 100 three-year annuity due (first cash flow occurs today) discounted at a rate of 10 is equal to ________.
 
  A) 248.69
  B) 273.55
  C) 135.17
  D) 300.00

Question 2

Centralized control over disbursements is assisted by which of the following cash management
  techniques?
 
  A) lockbox system B) zero balance accounts
  C) payable-through drafts D) both B and C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Liamb2179

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: B
Explanation: B)
PV = PMT   (1 + r)1 = 100   (1.10)1 = 273.55.
MODE = BEGIN
INPUT 3 10 ? -100 0
KEY N I/Y PV PMT FV
CPT 273.55

Answer to Question 2

D


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jul 10, 2018
Gracias!

bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

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
The transition between steps usually occurs at a temperature that would not interfere with cold ... The transition between steps usually occurs at a temperature that would not interfere with cold ...
Flow data for a healthy donor (top panel) and a HIV positive patient. CD3 is a T-cell marker, CD4 is ... Flow data for a healthy donor (top panel) and a HIV positive patient. CD3 is a T-cell marker, CD4 is ...
The glutamine synthetase reaction occurs via an acyl phosphate intermediate The glutamine synthetase reaction occurs via an acyl phosphate intermediate
Blood Flow Through Capillaries Blood Flow Through Capillaries
Chinese Dragon new year 2024 Chinese Dragon new year 2024
Video: Fermentation - When Oxygen Is Absent, Pyruvate to Lactate & Pyruvate to Ethanol

For a complete list of videos, visit our video library