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s2008m [1.1K]
2 years ago
15

what is the present value of the following cash-flow stream if the interest rate is 6%? note: do not round intermediate calculat

ions. round your answer to 2 decimal places. year cash flow 1 $ 120 2 320 3 220
Business
1 answer:
Anettt [7]2 years ago
7 0

The present value of the cash-flow stream if the interest rate is 6% is $323.03.

<h3>What is the interest rate?</h3>

The interest rate can be defined as the amount or the percentage that is being fixed or fluctuating depending upon the condition of the agreement. The interest is calculated on the amount that is being loaned or given to the individual or a company.

According to the given question, the interest rate is 6%

1st year $120

2nd year $320

3rd year $220

Now, by applying the formula for the present value:

\rmPV = \dfrac{fv}{(1 + r)^t}

\dfrac{120}{1.06} +  \dfrac{320}{(1.06)^2} + \dfrac{220}{(1.06)^3}

= 113.20 + 284.96 + 184.87

= 323.03

The present value of the cash flow stream is $323.03

Learn more about  interest rate, here:

brainly.com/question/14445709

#SPJ4

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Answer:

Sue cannot afford to split the cost of a new TV as she only has $281.23 in her bank account after transactions. She has to contribute $302.22 and she doesn't have enough money.

Explanation:

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Bank balance before transactions                     899.83

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Rug                                                           80.40            317 .00

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Sues bank balance after all the transactions is $281.23

6 0
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Read 2 more answers
How important is it to make a good first impression in a job interview?​
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It is very important to make a good first impression in a job interview.

Explanation:

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First impression- This is considered as the situation wherein a person meets or knows another person and develops a certain image or idea of him.

Many people in the world are applying for a job for a variety of reasons, but the most common reason of all is to <em>have money to pay for the bills and other basic necessities.</em> <em><u>The competition in a job interview is very tough these days, </u></em>thus it is important to make a good first impression. This can makes a lasting impact on you. Have you heard of the saying "First impressions last?" Well, in most cases, this is quite true and it can be hard to change.

Nailing the first 30 seconds of the interview is very essential in order for the employer to know that you are the person who's suitable for the job.

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The break-even point in economics, enterprise—and in particular fee accounting—is the point at which overall cost and total revenue are identical, i.e. "even". There is no internet loss or advantage, and one has "damaged even", though possibility charges had been paid and capital has acquired the threat-adjusted, predicted return.

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Learn more about a breakeven point here brainly.com/question/9212451

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