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Author Question: If a firm has unlimited funds to invest in capital assets, all independent projects that meet its ... (Read 131 times)

nummyann

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on: Jul 10, 2018
If a firm has unlimited funds to invest in capital assets, all independent projects that meet its minimum investment criteria should be implemented.
 
  Indicate whether the statement is true or false

Question 2

Calculate the combined future value at the end of year 3 of 1,000 received at the end of year 1, 3,000 received at the end of year 2, and 5,000 received at the end of year 3, all sums deposited at 5 percent.
 
  What will be an ideal response?


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sarah_brady415

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Reply #1 on: Jul 10, 2018
Answer to Question 1

TRUE

Answer to Question 2

FV = 1000(1.05 )2 + 3000(1.05 ) + 5000 = 9,252


nummyann

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

mammy1697

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Reply 3 on: Yesterday
Wow, this really help

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