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Zepler [3.9K]
3 years ago
10

A friend wants to borrow money from you. He stated that he will pay you $2500 every 6 months for 7 years with the first payments

exactly 3 years and six months from today. The interest rate is 4.8 percent compounded semiannually. What is the value of the payments today?
Business
1 answer:
scoundrel [369]3 years ago
4 0

Answer:

The value of the payments today is $35.00.

Explanation:

The Value of Payments today is known as the Present Value (PV) and is calculated as follows :

Pmt = - $2,500

P/yr = 2

n = 7 × 2 = 14

Fv = 0

Pv = ?

Using a Financial Calculator, the Present Value (PV) of the payments would be $35.00

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Explanation:

The formula and the calculation of the price elasticity of supply are presented below:

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

where,

Price elasticity of supply = 2

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What percentage of the 27.3 million businesses in the united states are small companies with less than 500​ employees?
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The Securities Act of 1933 does not apply to the issuance of securities under $5 million. Question 4 options: True False
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Answer:

False

Explanation:

The Securities Act of 1933 requires the registration of all the securities issued and sold ob public markets. This act had some exemptions:

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Assume the cost of aluminum used by soft-drink companies increases. Which of the following correctly describes the resulting eff
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Changes different from price and quantity supplied or quantity demanded will cause changes in the total supply or demand. In this case, an increase in the cost of the aluminum used by soft-drink companies will increase their cost of production. Because this affects companies which supply canned soft drinks, this increase in the cost of production will affect the total supply. If the cost of production increase, with the same resources, they will produce less but need to compensate this decrease in units by increasing the price. In the demand and supply graph, the supply will shift to the left and this will decrease the equilibrium quantity and increase the equilibrium price.

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