1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelu [443]
2 years ago
15

Consider the following cash flows: Year Cash Flow 2 $ 22,400 3 40,400 5 58,400 Assume an interest rate of 9.2 percent per year.

a. If today is Year 0, what is the future value of the cash flows five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If today is Year 0, what is the future value of the cash flows ten years from now?
Business
1 answer:
arsen [322]2 years ago
6 0

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Cash Flow:

Year 2 $ 22,400

Year 3 $40,400

Year 5 $58,400

i= 0.092

A) n= 5

FV= PV*(1+i)^n

FV= 22400*(1.092^3)= $29,168.62

FV= 40400*(1.092^2)= $48,175.55

FV= 58,400

Total= $135,744.17

B) n= 10

FV= $210,782.41

You might be interested in
How do working conditions and company's image motivate employees?
Reil [10]

Answer:the working conditions of the place show that it will be easier to work in and that if the company has a good image of themself then you would probably earn more money.

Explanation:

I tried the best I could.

8 0
3 years ago
Economists say that individuals make decisions at the margin. What does its menas?
leva [86]

Answer:

When Economists say that humans make decisions at the margin they mean that decisions are made on the basis of the cost and benefit of getting an additional unit of a good/ service.

Marginal benefit refers to the additional utility that we will derive from consuming one extra unit of a good or service and factors in heavily into our decision making. We usually accept a decision if the Marginal benefit is higher or equal to the Marginal cost ( cost of the additional unit) of the good/service.

If the Marginal Cost is instead higher, the decision would most probably be cancelled.

4 0
2 years ago
Can someone please help me with this journal prompt
Irina-Kira [14]

Answer: Go to Microsoft edge the new one and look it up

Explanation:

8 0
3 years ago
Al contracted to sell his house to bev. subsequently, they both changed their minds and agreed to cancel the contract. the contr
TEA [102]
Given that <span>Al contracted to sell his house to bev. subsequently, they both changed their minds and agreed to cancel the contract.

The contract between al and bev is discharged by rescission.</span>
6 0
3 years ago
When there few close substitutes available for a​ good, demand tends to be
e-lub [12.9K]
B. relatively inelastic
8 0
3 years ago
Other questions:
  • A savings account earns 8.4% (APR) interest calculated monthly, paid into the account at the end of 6 months. Cooper deposits $2
    9·1 answer
  • Professional auditing standards identify the principal "management assertions" that underlie a set of financial statements. The
    8·1 answer
  • Which of the following technologies permits service calls to U.S. companies to be answered in India just as easily and inexpensi
    13·1 answer
  • Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus
    6·1 answer
  • Assume that the current interest rate on a one-year bond is 8 percent, the current rate on a two-year bond is 10 percent, and th
    12·1 answer
  • Need help asap!!!! pls
    12·1 answer
  • Industrialization is an important strategy in the fight against poverty. Which of the following is a benefit of an increase in t
    15·1 answer
  • A variable can be called or referenced before it has been defined.<br> O True<br> O False
    9·1 answer
  • If you buy a ticket to an outdoor concert but come down with a bad cold on the night of the show, the principle of ____ suggests
    8·1 answer
  • Anyone want brainly??
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!