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

Author Question: A bank lends some money to a business. The business will pay the bank a single payment of $180,000 ... (Read 134 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jul 9, 2019
A bank lends some money to a business. The business will pay the bank a single payment of $180,000 in ten years time. How much greater is the present value (PV) of this payment if the interest rate is 9% rather than 8%?
◦ $76,033
◦ $83,374
◦ $7341
◦ $35,892
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by roselinechinyere27m on Jul 9, 2019

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jul 9, 2019
Thank you!


atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jul 9, 2019
Always glad to help...


« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

The vertebrate single-lens eye. The vertebrate single-lens eye.
A typical bank statement. A typical bank statement.
Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid
Single-cell circulation model Single-cell circulation model
Multiple synapses on the body of a single neuron Multiple synapses on the body of a single neuron
Some human traits controlled by a single gene Some human traits controlled by a single gene
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library