This topic contains a solution. Click here to go to the answer

Author Question: Assume the current interest rate is 25%. The present value of $1,000 in one year would be (Read 89 times)

awywial

  • Hero Member
  • *****
  • Posts: 577

Question 1

You win a lottery that pays $10,000 each year for the next 5 years beginning next year. How much are your winnings worth today?


◦ $50,000
◦ $45,455
◦ $10,000
◦ indeterminate with the given information

Question 2

Assume the current interest rate is 25%. The present value of $1,000 in one year would be


◦ $180.
◦ $450.
◦ $750.
◦ $800.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by awywial on Apr 19, 2019

AaaA

  • Sr. Member
  • ****
  • Posts: 339
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




AaaA

  • Sr. Member
  • ****
  • Posts: 339

 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

For a complete list of videos, visit our video library