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

Author Question: To determine the present value of a future amount, one should ________ the future cash flows. A) ... (Read 304 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jul 10, 2018
To determine the present value of a future amount, one should ________ the future cash flows.
 
  A) annuitize
  B) compound
  C) discount
  D) multiply

Question 2

Your grandparents leave on their dream vacation to Antarctica in two years. The cruise vacation will cost them 25,000. If they have already saved 23,500 and are investing it at a rate of 2.75 per year, will they have saved enough money for their trip?
 
  A) No, because they forgot to factor in long underwear expenses.
  B) Yes, to have enough money they would have already needed to save 23,375.
  C) Yes, to have enough money they would have already needed to save 23,680.
  D) No, to have enough money they would have already needed to save 23,680.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: D
Explanation: D) PV = = = 23,679.71
MODE = END
INPUT 2 2.75 ? 0 -25,000
KEY N I/Y PV PMT FV
CPT 23,679.71


Zoey63294

  • Hero Member
  • *****
  • Posts: 539
Reply #2 on: Jul 10, 2018
Thank you


poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jul 10, 2018
No problemo


« previous next »
 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

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

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Lac Operon cAMP present Lac Operon cAMP present
Habitat reconstruction is possible based on the kinds of plants present at past sites. Habitat reconstruction is possible based on the kinds of plants present at past sites.
A medical assistant should present a neat appearance and make it a habit to wear a smile. A medical assistant should present a neat appearance and make it a habit to wear a smile.
Amniocentesis. The patient is examined with ultrasound to determine the placental site and to locate ... Amniocentesis. The patient is examined with ultrasound to determine the placental site and to locate ...
How to determine if a quadratic equation has a maximum or minimum when given the roots How to determine if a quadratic equation has a maximum or minimum when given the roots
Opener Chiasmata present between synapsed homologs during the first meiotic prophase Opener Chiasmata present between synapsed homologs during the first meiotic prophase
Video: Simple Diffusion - Ion transport

For a complete list of videos, visit our video library