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

Is 7x7x7=28because we are learning prime factorsi really don't get itlike ,is 2x2x2x2=16i just want you to give me the answerfor 7x7x7
What is the frequency of motion of a 0.50 m long pendulum?
What effect did the Treaty of Tordesillas have on Europe and exploration? a. The treaty gave most of the Western Hemisphere to Spain. b. The pope was no longer
The nurse observes that a child fails to make eye contact and has poor impulse control. Upon further assessment, the nurse finds that the parent is an alcoholic
what is the following product ^3√4 • √3A) 2(^6√9)B) ^6√12C) ^6√432D) 2(^6√3,888)
What is 110.5 rounded to the nearest 5 and to the nearest 10
These examples illustrate which element of the assertive message format? example 1: "kristopher must have forgotten about his agreement not to stop by my place
Please help I’ll give you brainliest!
How many tourists visit Machu Picchu annually? A. about 300,000 B. more than a million C. less than 500 D. no tourists are allowed here.
The main organs of the respiratory system are the _____. Here are my choices A.bronchial tubes B.mouth C.lungs