What is the present discounted value of $100 received 3 years from now? Assume the interest rate is 9% and that interest is paid once at the end of the year. A. 77 B. 89 C. $106 D. $130 E. $150
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the present discounted value of $100 received 3 years from now? Assume the interest rate is 9% and that interest is paid once at ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
At April 30, Skysong, Inc. has the following bank information: Cash balance per bank $3000 Outstanding checks $230 Deposits in transit $450 Credit memo for interest $10 Bank service charge $20.
Answers (1)
A collection of five employees who are studying industry pay scales, with the goal of making recommendations for adjusting pay grades within their company, is known as a (n)
Answers (1)
What may happen if your job doesn't require you to use the aptitude you possess
Answers (1)
In a buyer-seller relationship, reciprocity refers to the practice whereby a seller requires the purchaser of one product to buy another item in the line.
Answers (1)
The cost of materials to make a good or provide a service is what type of cost? Expenses Cost of goods Fixed costs Variable costs
Answers (2)
New Questions in Business
Disability income plans which require that the insurer can never change or alter premium rates are usually considered
Answers (1)
Dilution Solutions, Inc. repurchased 1,000 shares of its $1 par value common stock for $5,000. The journal entry to record this transaction includes a $5,000 to Treasury Stock.
Answers (1)
G MC Qu. 87 When is a goodwill impairment loss ... When is a goodwill impairment loss recognized?
Answers (1)
Which of the following is NOT a suggested guideline for using cell phones? Give your cell phone priority over face-to-face conversations; the person you are with can wait while you answer your phone.
Answers (1)
Managerial performance can be measured in many different ways including return on investment (ROI) and residual income. A good reason for using residual income instead of ROI is:
Answers (1)