The present value of 300 received 5 years in the future would be calculated as which of the following when the interest rate is 5?
A) 300/(1.5)5 B) 5.05/300 C) 300/(1.05)5 D) 300 1.5 5
Question 2
If you want to know the present value of 10,000 received a year from today, and the interest rate is 4 percent, what formula can you use?
A) Present value equals 10,000 times 0.04. B) Present value equals 1.04 divided by 10,000.
C) Present value equals 10,000 divided by 1.04 D) Present value equals 10,000 times 1.04.
Distribution of glaciers in North America (a) in the late twentieth century, and (b) 18,000 years ag
History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar
Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr
The proportion of obese and extremely obese adults in the United States has increased over the past
Preschool: 3–6 years.
Environmental Science: Toward A Sustainable Future, 13th Edition