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

a swimming pool holds 375,000 liters of water. two large hoses are used to fill the pool. the first hose fills at a rate of 1500 liters per hour and the second

if the score is 90% and the total is 70 what is the number correct ?

How far away is Canopus in kilometres?

if the score is 90% and the total is 70 what is the number correct ?

An astronaut who weighs 126lb on Earth weighs only21lb on the moon. How much would a person who weights 31lb on the moon weigh on Earth?

Ratio equal to the ratio given 12:7

A hiking club has 9 members. How many ways can they choose a president, vice president, secretary, and treasurer from among the members?

I forgot what are homophones.Does anyone know what's a homophone.

If (3+y)/y=7, then y= Please help :)

What was the Islamic Golden Age?