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Alchen [17]
2 years ago
14

What is the present value of a security that will pay $17,000 in 20 years if securities of equal risk pay 5 nnually? round your

answer to the nearest cent
Business
1 answer:
ivolga24 [154]2 years ago
3 0

The present value of a security that will pay $17,000 in 20 years if securities of equal risk pay 5 annually is $13,320.

A financial calculation known as present value, commonly referred to as discounted value, assesses the value of a future sum of money or stream of payments in today's dollars after accounting for interest and inflation. In other words, it contrasts the purchasing power of one dollar today with that of one dollar in the future.

PV = FV/(1+r) ^n

Where, PV = Present value

FV = Future value

r = R/100

R = interest or discount rate

n = number of periods or years

Now,

PV = 17000/{1+(5/100)} ^5

PV = 17000/1.2762815625

PV = 13,320

Hence, present value is $13,320.

Learn more about securities here brainly.com/question/28070333

#SPJ4

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Personal selling can take place in all situations except when
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Answer:

Through the newspaper ads.

Explanation:

Personal selling is one of the ways of selling of products by various businesses where the seller and the customers come in direct contact or face to face in order to discuss the features, benefits, and worthiness of any product that the seller is interested in selling This can be done through direct face to face interaction, on telephones, through video conferencing, and also on the internet but not through newspaper ads.

8 0
3 years ago
. True / False. The hedonic property value method can be used to estimate lost non-use value associated with oil pollution at re
Effectus [21]

Answer:

False.

Explanation:

The hedonic property value method determines the extent that environmental or ecosystem factors affect the price of a home.  This implies that the method cannot be used to estimate lost, non-use value associated with oil pollution at remote, uninhabited locations, as stated in the question.  Since the hedonic property value method is used to estimate the housing prices that reflect the value of local environmental attributes, it is not useful for uninhabited, remote locations and properties.

6 0
3 years ago
Explain the most well-known service provided by insurance companies. *
earnstyle [38]

Answer:

Car insurance

Explanation:

Everybody drives a car.

6 0
2 years ago
The Banks Company sold merchandise on account for $35,000 with terms 2/10, n/30. The cost of merchandise sold was $27,600. If th
SVEN [57.7K]

Answer:

The answer is: D) $34,300

Explanation:

The selling price was $35,000 with terms 2/10, n/30. This means that if the buyer pays their bill before the ten days period, they will get a 2% discount. If the buyer pays the bill after the ten days period but before thirty days, they will pay the full amount.

Since the buyer paid before the ten days period they will get a 2% discount. The total cash received by Banks Company was $35,000 x 98% = $34,300

8 0
3 years ago
Assets liabilities + net worth reserves $120,000 checkable deposits $300,000 loans 140,000 stock shares 200,000 securities 40,00
Free_Kalibri [48]

the answer i got was 960000

Tell me if right

5 0
3 years ago
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