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

Author Question: The present value of 1,500 received 8 years in the future would be calculated as which of the ... (Read 55 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
The present value of 1,500 received 8 years in the future would be calculated as which of the following when the interest rate is 3?
 
  A) 1,500/(1.03)8 B) 8.03/1,500 C) 1,500  1.3  8 D) 1,500/(1.3)8

Question 2

If you want to know the present value of 5,000 received in one year, and the interest rate is 2 percent, what formula can you use?
 
  A) Present value equals 1.02 divided by 5,000. B) Present value equals 5,000 times 0.02.
  C) Present value equals 5,000 times 1.02. D) Present value equals 5,000 divided by 1.02
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kswal303

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
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 29% of students answer this correctly


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
Wow, this really help

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

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?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for
School age (late childhood): 6–12 years, or to puberty. School age (late childhood): 6–12 years, or to puberty.
Older people who experienced stressful events in their younger years may show personal growth and ... Older people who experienced stressful events in their younger years may show personal growth and ...
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
Cyanobacteria from 850 million years ago (Photo 2) Cyanobacteria from 850 million years ago (Photo 2)
Earth 600 Million Years Ago Earth 600 Million Years Ago
Video: Morphology of a tomato plant

For a complete list of videos, visit our video library