natashanepveu3215 natashanepveu3215

01-12-2020
Business

contestada

What is the value today of receiving $4,500 at the end of each year for the next four years, assuming an interest rate of 12% compounded annually?

Respuesta :

Аноним Аноним

01-12-2020

Answer: The correct answer should be: a. $118.

References: Solution: A = P(A/P , i, n)

A = 4,500(A/P, 1%, 48) = (4,500)(0.0263) = $118.35

(im sorry if im wrong)

Answer Link

Otras preguntas

Will sodium iodide react with bromine to produce sodium bromide and iodine? Why or why not? Question 10 options: A) Yes, because bromine has lower activity than

(100 POINTS) WILL MARK BRAINLIEST Which of the following explains how one of the postulates in John Dalton's atomic theory was later subjected to change? Vario

Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $90,000 cash immediately, (2) $35,000 cash immediately a

the boys (clean) the car .it looks new again

Question 1 1.1. Do a research on three challenges faced by any business around your area. (3) 1.1.2 Classify the challenges according to the three business envi

Which is a long-term consequence of an injury? a few missed days from work or school the need for physical therapy and rehabilitation some temporary discomfort

. Conduction of heat takes place only in ....... a Solids b) Liquids c) Gaseous d) air

Rank the gases Ar, N2, CH4, and C₂H6 in order of increasing density at STP.

What is Grendel's mother's motivation for going to Herot?

I need help pls with my homework Write your own fairy story about a prince or a princess. What adventure do they have? Once upon Time