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

Author Question: Calculate the future value of 10,000 received today and deposited for six years in an account which ... (Read 193 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jul 10, 2018
Calculate the future value of 10,000 received today and deposited for six years in an account which pays interest of 12 percent compounded quarterly.
 
  What will be an ideal response?

Question 2

Large firms evaluate the merits of individual capital budgeting projects to ensure that the selected projects have the best chance of increasing the firm value.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 10, 2018
Answer to Question 1

FV = 10,000(1.12/4 )64-1/.12/4=10,000(1.03 )24-1/.03 = 20,328

Answer to Question 2

TRUE


tiara099

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jul 10, 2018
Thank you :)


carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jul 10, 2018
Happy to help you


« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve
Step-Wise Treatment of Asthma in Children > 12 Years of Age and Adults Step-Wise Treatment of Asthma in Children > 12 Years of Age and Adults
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
Psychology for Living: Adjustment, Growth, and Behavior Today 11th Psychology for Living: Adjustment, Growth, and Behavior Today 11th
Teaching Today's Health, 10th Edition Teaching Today's Health, 10th Edition
. Calculate the net electric field at point B . Calculate the net electric field at point B
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library