Answer:
a. $80,318.70
b. $97,568.57
Explanation:
Here is the full question :
You have just received a windfall from an investment you made in a friend's business. She will be paying you $ 15 comma 555 at the end of this year, $ 31 comma 110 at the end of next year, and $ 46 comma 665 at the end of the year after that (three years from today). The interest rate is 6.7 % per year. a. What is the present value of your windfall? b. What is the future value of your windfall in three years (on the date of the last payment)?
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $ 15,555
Cash flow in year 2 = $31,110
Cash flow in year 3 = $ 46,665
I = 6.7%
Present value = $80,318.70
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$80,318.70(1.067)^3 = $97,568.57
Answer:
the answer is the 1st with the 3rd 2nd with the 1st 3th with the 4th and4th with 2nd
Explanation:
i think
Answer:
the rate of return that expected on one year treasury security is 9.00%
Explanation:
The computation of the rate of return that expected on one year treasury security is as followS
= Risk free rate + average expected future inflation rate + maturity risk premium
= 3.00% + 5.90% + 0.10%
= 9.00%
Hence, the rate of return that expected on one year treasury security is 9.00%
Therefore the correct option is d.
And, the rest of the options are wrong
Public hotspots such as the one Tenisha encountered in a local coffee shop allows people to gain Wi-fi through a Wireless Local Area Network (WLAN) which uses a router that is connected to an internet service provider. Tenisha, upon clicking the hotspot name, will be prompted to connect to the network. Afterwards, she may be required to type in a password in order to be connected to the internet.
Answer:
B) $647.47
Explanation:
The initial closing date was set for May 1st, but due to a problem with the buyer, it was moved to May 10th but that date was accepted by the seller. This means that the buyer should be responsible for the property taxes starting May 10th.
Property taxes per day = $1,832 / 365 days = $5.02 per day
Susan is responsible for paying 31 days in January, 28 days in February, 31 days in March, 30 days in April, and 9 days in May = 129 days x $5.02 = $647.47
The buyer is responsible for $1,184.53 in property taxes.
