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

Author Question: What would the future value of $150be after7years at9% compound interest? (Read 14 times)

Ale

  • Full Member
  • ***
  • Posts: 125
on: Aug 7, 2023

Question 1

What is the PV of an ordinary annuity with9payments of $2,900if the appropriate interest rate is 6.7%?

◦

$17,641.51


◦

$18,517.38


◦

$19,439.35


◦

$19,137.68



Question 2

What would the future value of $150be after7years at9% compound interest?

◦

$206.53


◦

$214.67


◦

$258.07


◦

$274.21

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Ale on Aug 7, 2023

heathercab

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Aug 7, 2023
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 39% of students answer this correctly


Ale

  • Member
  • Posts: 125
Reply 2 on: Aug 7, 2023
Gracias!

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

How to calculate the future value of a mutual fund How to calculate the future value of a mutual fund
A compound of iron and sulfur crystallizes in a lattice pattern described as cubic closest ... A compound of iron and sulfur crystallizes in a lattice pattern described as cubic closest ...
The treasurer of a union proposes changing the method of compounding interest on premium ... The treasurer of a union proposes changing the method of compounding interest on premium ...
The compound eye of a deerfly The compound eye of a deerfly
Simple and Compound Leaves Simple and Compound Leaves
Video: Knee Animation

For a complete list of videos, visit our video library