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

Which statement best contrasts these two points of view? Beveridge supports the Open Door policy because of potential economic benefits, while Carnegie opposes

A sonar emits a sound signal of frequency 40000Hz, towards the bottom of the sea. This signal is reflected on the body of a submarine after a delay of 0.3 secon

Social media postings have been found to be an unreliable predictor of flu outbreaks. A. True FlyFalse

HELPP I NEED THIS ASAP

Mathematics Question! Mika estimated the sum of 189.27, 15.8, and 11.2 by rounding each number to the nearest whole. What was Mika’s estimate and what is the ac

Can some one help please

??? help ??? please anyone

Good morning everyone! I hope you all have a great day and just remember you are important! You're so beautiful and don't let anyone tell you something differen

According to the article "Self-Concept," those who do not have self-worth also tend to have high self-esteem. Please select the best answer from the choices pro

I need help with this