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

Author Question: Suppose an investment will yield 1,000 after one year and 2,000 after two years. What is the present ... (Read 75 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
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
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


frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

For a complete list of videos, visit our video library