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satela [25.4K]
1 year ago
13

Find the present value of $7,000 to be received one year from now, assuming a 3 percent annual discount interest rate. also calc

ulate the present value if the $7,000 is received after two years
Business
1 answer:
ioda1 year ago
5 0

The present value of $7,000 that will be received in a year, at a discount interest rate of 3% per year, is $6,796.12.

The current value, if the $7,000 is received after two years, is $6,598.17.

<h3>What is the rate of annual discount?</h3>
  • The rate of return used in a discounted cash flow analysis to calculate the present value of future cash flows is called the annual discount rate.
  • The total of all future cash flows (C) over a holding term (N) is discounted back to the present using a rate of return in an annual discounted cash flow analysis (r).
<h3>How is the annual discount rate determined?</h3>

Rate of Discount Formula

First, the present value is divided by the value of a future cash flow (FV) (PV) The amount that remains after the previous step is then increased to the reciprocal of the number of years (n) The discount rate is then calculated by deducting one from the value.

learn more about annual interest rate here

<u>brainly.com/question/15728540</u>

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In most markets, _____ is determined by the interactions of numerous buyers and sellers.
anastassius [24]

Buyers and sellers interact in a market to exchange commodities, services, or resources. Prices and trade volume are mostly influenced by how buyers and sellers interact in a "market."

The buyer-seller interaction process is viewed as a transaction in and of itself, with potential for numerous outcomes. The buyer-seller interaction, which is compared to the effect of advertising, is assumed to carry out any of the following five functions: raise awareness of each other's expectations about the product or service; remind each other of past successful transactions and their behavioral outcomes; reinforce each other's behavior related to the sale of the product or service; prompt behavioral actions on each other's parts by intensifying expectations; and persuade each other.

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brainly.com/question/2976497

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4 0
1 year ago
In addition to telling readers why an illustration is important, why else should you refer to it in the text of your document?
Bumek [7]

Answer:

To assist the readers to relate objects and actions with texts.

Explanation:

Aside from telling readers why an illustration is important, the other reason you should refer to it in the text of your document is "to assist the readers to relate objects and actions with texts."

This is evident in the fact that illustration in a text is a means of presenting a graphical representation of ideas, processes, or theories to aid or give elaborate meaning to what is written.

5 0
2 years ago
At January 1, 2019, Deer Corp. has beginning inventory of 2,000 surfboards. Deer estimates it will sell 10,000 units during the
coldgirl [10]

Answer:

The correct answer is $1,881,600

Explanation:

According to the scenario, the computation of the given data are as follows:

Unit sells = 10,000 units

Growth rate = 12%

Selling price = $150 per unit

Costing = $100 per unit

So, we can calculate the budget sales revenue by using following formula:

Budget sales unit for quarter 3 = (10,000 × 112%) × 112% = 12,544

So, budget sales amount for quarter 3 = 12,544 × $150

= $1,881,600

4 0
3 years ago
Ann wants to be a manager who directs the work of others
natali 33 [55]

The answer to this is DECA, I believe. :) I hope this helps

6 0
3 years ago
All companies operate in a broad ______-environment that is made up of six components, including political factors and technolog
Helen [10]

Answer:

The word that is underlined, that's the answer;<u> </u><u>Macro</u>

Explanation:

hope this helps.

4 0
2 years ago
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