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

Author Question: Whats the present value of $2,025discounted back6years if the appropriate interest rate is7.2%, ... (Read 70 times)

rubiosusy7

  • Full Member
  • ***
  • Posts: 152
on: Aug 7, 2023

Question 1

What’s the future value of $1,300after6years if the appropriate interest rate is7.2%, compounded monthly?

◦

$1,999.85


◦

$2,023.28


◦

$2,104.44


◦

$2,230.66



Question 2

What’s the present value of $2,025discounted back6years if the appropriate interest rate is7.2%, compounded monthly?

◦

$1,169.34


◦

$1,274.36


◦

$1,316.35


◦

$1,330.59

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 rubiosusy7 on Aug 7, 2023

ludadtpb

  • Full Member
  • ***
  • Posts: 175
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


rubiosusy7

  • Member
  • Posts: 152
Reply 2 on: Aug 7, 2023
Wow, this really help

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Feedforward control of breathing rate in an animal trained for athletic exercise. Feedforward control of breathing rate in an animal trained for athletic exercise.
The role of leptin in regulating appetite and metabolic rate. The role of leptin in regulating appetite and metabolic rate.
A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
How to solve rate problems leading to fractional equations (Question 2) How to solve rate problems leading to fractional equations (Question 2)
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
What rate, compounded once every 3 years, is equivalent to 9% effective rate? What rate, compounded once every 3 years, is equivalent to 9% effective rate?
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library