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Inessa [10]
4 years ago
7

1. A business acquaintance promises to deliver a $20 bill to you one year from today. How much should you be willing to pay toda

y for this promise? More than $20 Exactly $20 Less than $20 2. What is the present value of $1,000 received three years from today if interest rates are currently 6 percent? $943.40 $839.62 $1,191.02 $1,000.00 3. What is the interest rate on a three-year investment with a future value of $1000 and a present value of $863.84?
Business
1 answer:
riadik2000 [5.3K]4 years ago
6 0

Answer and Explanation:

The computation is shown below;

1. The willing amount to pay for the promise should be less than $20 that represents the time value of money

2. Now the present value is

= Received amount × discounting factor at 6% for 3 years

= $1,000 × 0.839

= $839

3. Now the interest rate is

As we know that

Future value = Present value × (1 + rate of interest)^number of years

$1,000 = $863.84 × (1 + rate of interest)^3

rate of interest =5% approx

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Answer:

Brainstorming

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In brainstorming following steps are followed

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Since in the problem statement all the step of brainstorming is being followed like meeting of group of people, coming up with different ideas .

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4 years ago
Suppose you have two friends who have the same underlying ability, took the same courses in college, and have the same GPA. One
ioda

Answer:

Rational is based on the logical preference. Being irrational does not means that the choice is made based on monetary preference. It is more logical than monetary.

Explanation:

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What does a company's customer service department do?
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The retention of the customers and attracting new customers depends on the quality of the service provided by the customer handling.

5 0
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Answer:

Option c. the demand curve for pants to shift down by $5.

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3 years ago
To change the name for a control, change the ____ property on the property sheet.
BlackZzzverrR [31]
<h3>♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫</h3>

➷ You would need to change the 'caption' property on the property sheet.

<h3><u>✽</u></h3>

➶ Hope This Helps You!

➶ Good Luck (:

➶ Have A Great Day ^-^

↬ ʜᴀɴɴᴀʜ ♡

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