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 189 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?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith
Traits With Single-Gene Dominant–Recessive Inheritance Traits With Single-Gene Dominant–Recessive Inheritance
Withdrawing Medication from Single-Dose or Multiple-Dose Vials Withdrawing Medication from Single-Dose or Multiple-Dose Vials
Single-Cell Model Single-Cell Model
How to apply integration by parts on a single function How to apply integration by parts on a single function
Each chromosome consists of a single, long molecule of DNA within which are the sequences of individ Each chromosome consists of a single, long molecule of DNA within which are the sequences of individ
Video: Bond in biological molecules (Ionic, Covalent and Hydrogen bonds)/ How atoms bond?

For a complete list of videos, visit our video library