Answer:
PV= $6,178.61
Explanation:
Giving the following information:
Number of years= 10
Cash flow= 500 semiannually
Discount rate= 10% compounded monthly
First, we need to calculate the semiannual interest rate:
i= 0.10/12= 0.00833
i= (1.00833^6) - 1= 0.051
Now, we need to calculate the final value of security:
FV= {A*[(1+i)^n-1]}/i
A= cash flow
FV= {500*[(1.051^20) - 1] / 0.051
FV= $16,708.79
Finally, the present value:
PV= FV/(1+i)^n
PV= 16,708.79/1.051^20
PV= $6,178.61
The entity that I would you recommend for this engagement is APN Consulting Partner
<h3>What is Cloud Computing?</h3>
This refers to the availability of system resources that can be accessed from anywhere and is stored in the cloud.
Hence, we can see that based on the fact that the multi-national corporation wants to get professional advice on how to move their apps through the cloud, they should contact APN Consulting Partner.
Read more about cloud computing here:
brainly.com/question/19057393
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Answer:
The author's description of the period before the storm impact the development of the story by as:
It makes the events seem more exciting by predicting an even bigger strom that is still to come.
