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prohojiy [21]
3 years ago
15

What is the present value of 4360 to be received at the beginning of each of 30 periods discounted at 5% compound interest

Business
1 answer:
Sloan [31]3 years ago
5 0

Answer:

The right solution is "70375.08".

Explanation:

Given that,

Present value,

= 4360

Interest rate,

= 5%

Time period,

= 30

Now,

The present value of inflows will be:

= (1+rate)\times \frac{Present \ value[1-(1+Interest \ rate)^{-time \ period}]}{rate}

= 1.05\times 4360\times \frac{[1-(1.05)^{-30}]}{0.05}

= 4360\times 16.1410736

= 70375.08

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3 years ago
Help please!!!!! Identify and explain 2 ways in which the country became more democratic in the 1820s​
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A firm, with an 18% cost of capital, is considering the
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Answer:

a. $316,920

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