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Murrr4er [49]
3 years ago
8

Using the tables above, what would be the present value of $15,000 to be received at the end of each of the next 2 years, assumi

ng an earnings rate of 6%?
a. $27,495

b. $25,350

c. $26,040

d. $30,000
Business
1 answer:
LUCKY_DIMON [66]3 years ago
7 0
The answer to this question is: D. 30,000
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Follows are the solution to the question:

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m = 4,

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In Method 2 use Tool in Texas:

By Using the (ICONV) worksheet:

1)

To pick the worksheet, click ICONV 2.

2)

Its previous meaning will represent the NOM.

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To clear the worksheet, click [CLR WORK] 2nd

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Displayed keystrokes:

NOM = previous value 2nd ICONV:

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8 DAYS: Name = 8.00.

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