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alexandr1967 [171]
2 years ago
12

":Your local travel agent is advertising an upscale winter vacation package for travel three years from now to Antarctica. The p

ackage requires that you pay $20,000 today, $35,000 one year from today, and a final payment of $45,000 on the day you depart three years from today. What is the cost of this vacation in today's dollars if the discount rate is 9.75 percent?

Business
1 answer:
8090 [49]2 years ago
4 0

Answer:

$85,931.40

Explanation:

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator:

Cash flow in year 0 = $20,000

Cash flow in year 1 = $35,000

Cash flow in year 2 = 0

Cash flow in year 3 = $45,000

Discount rate = $85,931.40

I hope my answer helps you

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Answer:

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         Factory Supplies                                                 $22,000

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        Work in Process inventory                                  $20,100

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Answer:

A

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Suppose american winemakers convince the federal government to issue a directive to serve only domestically produced wine at gov
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A student is asked to write a critique of this excerpt from utopia. if these metals were laid up in any tower in the kingdom it
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