All categories

2 years ago

What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years?

Business

1 answer:

fiasKO [112]2 years ago

6 0

Answer:

$101,385

Explanation:

The question is incomplete. The complete question can be found here- https://www.chegg.com/homework-help/questions-and-answers/present-value-10-equal-payments-16-500-made-end-year-next-10-years-annual-interest-rate-10-q41891258

Here is the complete question - What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years? The annual interest rate is 10%. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.

The present value of cash flow can be found by discounting the present value of the cash flow by 10%

This can be found using a financial calculator:

Cash flow for year 1 - 10 = $16,500

I =10%

Present value = $101,385

I hope my answer helps you

You might be interested in

1. Cost-volume-profit analysis assumes all of the following EXCEPT:

UkoKoshka [18]

All are assumed except A. Total variable costs remain the same over the relevant range.

Cost-volume-profit analysis examines how changes in cost in volume affect income. Variable costs are ones that go up and down depending on production levels, so it would not make sense to assume that variable costs stayed the same over the relevant range.

5 0

3 years ago

Sustainable development refers to _____. a. economic activities that do not threaten the environment b. an increase in the numbe

azamat

Answer:

Explanation:

The Brundtland Report defines Sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs."

8 0

2 years ago

Define federal reserve system.

Angelina_Jolie [31]

Answer:

this is the federal banking system of USA

8 0

2 years ago

Read 2 more answers

A company's environmental sustainability strategy consists of its deliberate actions to:A. shelter the environmental impacts fro

Rus_ich [418]

Answer:

Operate the business in a manner that promotes the longevity of sustainability effects.

Explanation:

A company's environmental sustainability strategy comprises of different actions that are carried out to maintain an effective environmental management system inorder to ensure that the company increases it's sales and maximises profit. This type of strategy helps to create a long term value for an organization. Examples of practices that companies carry out to ensure a sustainable environment include:

- Recruiting and training employees on different ways to maintain a sustainable environment.

- Creating an effective recycling program.

- Usage of environmental friendly equipments in the organisation.

5 0

3 years ago

According to the Centers for Disease Control and Prevention, "SIDS is defined as the sudden death of an infant less than 1 year

SSSSS [86.1K]

Answer: True

Explanation:

According to the CDC, Sudden Infant Death Syndrome (SIDS) is the leading cause of children dying unexpectedly and without immediately apparent causes and is said to happen to an 3,700 infants annually.

Sudden Infant Death Syndrome (SIDS) is defined by the CDC as the sudden death of an infant less than 1 year of age that cannot be explained after a thorough investigation is conducted.

SIDS falls under Sudden Unexpected Infant Death (SUID) which is the unexplained death of a child before investigation and as well as SIDS can include infections and accidental suffocation.

5 0

3 years ago