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zzz [600]
3 years ago
15

The present value of $40,000 to be received in two years, at 12% compounded annually, is (rounded to nearest dollar)

Business
1 answer:
ratelena [41]3 years ago
6 0

Answer:

c. $31,888

Explanation:

The formula for calculating the present value is as below

Pv = FV x {  1/ (1+ r)^n }

Pv = $40,000 x { 1/ (1 +0.12)^2

Pv =$40,000 x (1/1.2544)

Pv =$40,000 x 0.7971938

Pv =$31,887.50

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These sales afford a chance for investors to purchase securities from the bank that did the primary underwriting for a distinct commodity.  When firms declare new securities, they are acquired in the primary securities market. The essential information to know regarding the primary market is that securities are bought instantly from an issuer.

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If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.

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