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
Licemer1 [7]
3 years ago
13

Stacy will receive equal annual payments of $30,000 with her first payment received in 3 years from today and her last payment r

eceived 9 years from today. Find the present value of these payments at the beginning of year 4 (end of year 3) if the interest rate is 7.2%
Business
1 answer:
jok3333 [9.3K]3 years ago
8 0

Answer:

$172,117.5529

Explanation:

In economics and finance, present value, also known as a present discounted value, is the value of an expected income stream determined as of the date of valuation.

Total years = 3 to 9 = 6years

Present value = future cash flow/(1+i)^n

Present value = $30,000 + $30,000/(1.072)^1 + $30,000/(1.072)^2 + $30,000/(1.072)^3 + $30,000/(1.072)^4 + $30,000/(1.072)^5 + $30,000/(1.072)^6

Present value = $172,117.5529

You might be interested in
Refer to the data below to answer the following questions:
IgorLugansk [536]

Answer:

What share of U.S. total income in 2013 consisted of Wages and salaries?

The share = Wages and salaries /Total income * 100

The share = $8,868 / $16,800 * 100

The share = 0.5278571 * 100

The share = 52.79%

What share of U.S. total income in 2013 consisted of Corporate profits?

The share = Corporate profits /Total income * 100

The share = $1,686/$16,800 * 100

The share = 0.100357 * 100

The share = 10.03%

4 0
2 years ago
​Kim's Retail had 800 units of inventory on hand at the end of the year. These were recorded at a cost of $ 13 each using the la
nataly862011 [7]

Answer:

the Merchandise Inventory will be credited by $3200

Explanation:

given data

Retail  inventory = 800 units

recorded cost = $13

replacement cost = $ 9 per unit

selling price charged = $15

to find out

the Merchandise Inventory will be

solution

we know here market  is equal to current replacement cost that is $9

and here we can say

market is here less than cost

so inventory will be valued at Market

so we find

down in inventory is = 800 × ( 13 - 9 )

down in inventory is = 3200

so the Merchandise Inventory will be credited by $3200

5 0
3 years ago
A loan of $20,000 with interest at 6.5% compounded annually is to be repaid by equal payments at the end of each year for five y
Zielflug [23.3K]
First option I think
6 0
3 years ago
True or False: You may contribute as much of your earnings as you choose to your employer-sponsored retirement plan
goldenfox [79]
A.( true because of each year
7 0
2 years ago
Read 2 more answers
In cultures that are high in uncertainty avoidance,————-
lukranit [14]

Culture is known to be the way of life of people in a particular place. In cultures that are high in uncertainty avoidance is one where orderliness, consistency, and structure are important.

  • Uncertainty avoidance is simply known as the way cultures socialize its people or members to feel in uncertain, novel, surprising, or in surprise situations.

People who have high uncertainty avoidance cultures often capitalizes on strict orderliness and consistency in behavior.

Conclusively, The ability to approach cross-cultural work relationships with a learner mind-set is known to be an attribute of high cultural intelligence.

Learn more about Culture from

brainly.com/question/25010777

6 0
2 years ago
Other questions:
  • The design and arrangement of workspace items for efficiency and safety is called
    12·1 answer
  • Algonquin Books partnered with Barnes & Noble to offer a unique _________. If you purchase one of 12 paperback books publish
    6·1 answer
  • The company has $10,000 in its checking account, $20,000 in its savings account, $1,000 in petty cash, $25,000 in one-year treas
    15·1 answer
  • QUESTION 4<br> Which of the following payment types require you to pay upfront?
    8·2 answers
  • Presented below is information related to Tolbert Company.
    6·1 answer
  • Harold, a delivery man, washes and irons his own shirts. Sarah, his boss, sends her clothes to a laundry. Which is the most plau
    5·1 answer
  • You decide to become a neurosurgeon. After high school, you will need four years of college, four years of medical school, five
    12·1 answer
  • Which best deceived the nature of cause and effect in the context of the business cycle?
    9·1 answer
  • Please help this is for economics
    11·1 answer
  • Duo, Inc., carries two products and has the following year-end income statement (000s omitted): Product AR-10 Product ZR-7 Budge
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!