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
RUDIKE [14]
3 years ago
5

Lisa Carson has the opportunity to receive $12,000 now or $15,000 in four years. If Lisa can earn 6 percent on her investments,

what is the present value of the $15,000 payment?
Business
1 answer:
Tasya [4]3 years ago
3 0

Answer:

$11881.4

Explanation:

Given :

Future value, FV = $15,000

Interest rate, r = 6%

Period, n = 4 years

Using the Present Value formula :

PV = FV(1 ÷ (1 + r)^n)

15000(1 ÷ (1 + r)^n)

15000(1 ÷ (1 + 0.06)^4)

15000(1 ÷ 1.06^4)

15000(1 ÷ 1.26247696)

15000(0.7920936)

= $11,881.4

You might be interested in
José is afraid to ask Tina on a date because he fears she will say no. José is experiencing
pochemuha
He is experiencing anxiety 
4 0
3 years ago
Read 2 more answers
Inputs and outputs Edison's Performance Pizza is a small restaurant in Philadelphia that sells gluten-free pizzas. Edison's very
vodka [1.7K]

Answer:

Edison cannot change the number of ovens he uses because it is fixed resources.

Explanation:

However, Edison's decision regarding how many workers to use can vary from week to week.

Each Monday, Edison lets them know how many workers he needs for each day of the week.

In the short run, these workers are variable resources, and the ovens are fixed resources.

4 0
3 years ago
A popular and useful tool for strategic planning is SWOT analysis. SWOT stands for
Luda [366]

Answer:

Strengths, Worthiness, Opportunities, Training

7 0
3 years ago
Read 2 more answers
The __________ states that businesses will produce more products when they can sell them at higher prices.
jeka94
The answer that would best complete the given statement above would be option A. It is the LAW OF SUPPLY that states that businesses will produce more products when they can sell them at higher prices. On the other hand, the law of demand<span> states that buyers will want more products when prices are low. Hope this answers your question.</span>
7 0
2 years ago
Read 2 more answers
Discuss three of the following statements in a financial statement and report: A) Balance Sheet; B) Income Statement; C) Stateme
NeX [460]

Answer:

A) Balance Sheet: reports the assets, liabilities and shareholders' equity at a given point in time. Assets = Liabilities + Shareholders' equity

B) Income Statement: reports the profits or losses = total revenues - total costs, over a specific period of time

C) Statement of Retained Earnings: reports the changes in the retained earnings account during the accounting period, it shows how net income increases retained earnings and how dividends decrease it.

Explanation:

7 0
3 years ago
Other questions:
  • Kilian Company's inventory balance at the end of the current year does not include $10,000 of inventory that was stored in a sep
    9·1 answer
  • Bank loans from the Federal Reserve are called ________ and represent a ________ of funds for the bank.
    5·1 answer
  • You can offer investment products and services only if you are a registered representative of Northwestern Mutual Investment Ser
    6·1 answer
  • Can estimate wind speed and predict precipitation by use of radio waves.
    11·1 answer
  • Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink. This positioning
    6·1 answer
  • A customer wishes to open an account to fund payment of private middle school tuition. If the customer does not wish to deposit
    6·1 answer
  • Adding Erik Olin Wright’s concept of contradictory class locations to the Marxist concept of capitalists versus the proletariat,
    14·1 answer
  • what would happen to the buying power of you investment after one year if your rate of return was 8% and the rate of inflation w
    9·1 answer
  • Ensemble Co.
    6·1 answer
  • How often should a system demo occur?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!