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

Author Question: Suppose an investment will yield 1,000 after one year and 2,000 after two years. What is the present ... (Read 24 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Suppose an investment will yield 1,000 after one year and 2,000 after two years. What is the present value of this investment if the discount rate is 8 percent?
 a. 2,479.34
  b. 2,640.60
  c. 2,727.27
  d. 3,000
  e. 3,520

Question 2

If the U.S. dollar appreciates, it becomes cheaper for Australians to visit their relatives in the United States.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Discipline-specific training can take years to perfect. Discipline-specific training can take years to perfect.
Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo
Infant: 4 weeks to 1 year. Infant: 4 weeks to 1 year.
Relationship between Trust and Investment Relationship between Trust and Investment
Kindergarten school year book Kindergarten school year book
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library