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3 years ago

Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually.

Business

1 answer:

aleksley [76]3 years ago

3 0

Answer:

a) Future Value = $530

b) Future Value = $561.8

c) Present Value =$566.037

d) Present Value =$533.99

Explanation:

FV = PV × (1+r)^n

FV -future Value , r- interest rate,n- number of years , PV-present Value

FV = 500 ×(1.06)^1 =

Future Value = $530

FV = 500 × 1.06^2 =

Future Value = $561.8

c) Present Value

PV = FV × (1+r)^(-n)

PV = 600 ×1.06^(-1)=566.037

Present Value =$566.037

PV = FV × (1+r)^(-n)

FV -future Value , r- interest rate,n- number of years , PV-present Value

PV = 600 ×1.06^(-2) = 533.99

Present Value =$533.99

a) Future Value = $530

b) Future Value = $561.8

c) Present Value =$566.037

d) Present Value =$533.99

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3 years ago

Johanna, an Austrian citizen, is graduating from a U.S. medical school. She knows she will have to pay a much higher percentage

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Answer:

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katen-ka-za [31]

Answer:

Required 1

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Direct Labor Cost = $5.07

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= 1,100

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Answer:

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