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lorasvet [3.4K]
3 years ago
14

You sold a car and accepted a note with the following cash flow stream as your payment. The effective price you received for the

car assuming an interest rate of 6.0% is closest to:
Business
1 answer:
barxatty [35]3 years ago
8 0

Answer:

The right response is "$5986.815".

Explanation:

The given query is incomplete. Please find attachment of the complete query.

The actual price users earn mostly corresponds to the current value of the amount. Throughout cash flows, users get 7000 $, however because of the rate of the interest some must be lowered.

So,

⇒ PV= (\frac{1000}{1.06} ) + (\frac{2000}{1.06^2}) + (\frac{2000}{1.06^3}) + (\frac{2000}{1.06^4} )

⇒        =943.39+1,779.99+1,679.23+1,584.18

⇒        =5986.815 ($)

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If a firm accepts less than all of its prospective projects with positive NPVs when evaluated at their own risk-adjusted costs o
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3 0
3 years ago
Topdog is a toy company, whose profit/sales percentage is 13% in 2015, 16% in 2016 and 20% in 2017. Assuming simple trend, what
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Answer:

25%

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