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musickatia [10]
3 years ago
9

What is the present value of $1,200 to be received at the end of each month for 5 years if the discount rate is 6%?

Business
1 answer:
olya-2409 [2.1K]3 years ago
4 0

Answer:

PV= $62,070.67 = $62,071

Explanation:

Giving the following information:

Monthly payment= $1,200

Number of months= 5*12* 60

Discount rate= 0.06/12= 0.005

<u>To calculate the present value, we need to use the following formula:</u>

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

A= monthly payment

PV= 1,200*{(1/0.005) - 1 / [0.005*(1.005^60)]}

PV= $62,070.67

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Answer:

see below

Explanation:

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The operating environment is the environment in which a user runs application software. It consists of a user interface and an application programming interface. An operating environment is a middleware that rests between the Operating system and applications.

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Answer:

best combination of resources to use to produce a product.

Explanation:

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Simply stated, a pure capitalism is a type of economy that is completely driven by demand and supply of goods and services.

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Hence, the profit and loss system of capitalism helps entrepreneurs determine best combination of resources to use to produce a product.

4 0
3 years ago
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Answer:

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Explanation:

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Answer:

The correct answer is A.  a PI project may be appropiate.

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Benchmarking should not be confused with espionage or competition, so the concepts of best practices and area of interest should be very clear. In this sense, for the organization it becomes an appropriate process, since it allows you to know to what extent it may be convenient to consider the actions against the established norm.

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