natashanepveu3215 natashanepveu3215

01-12-2020
Business

contestada

What is the value today of receiving $4,500 at the end of each year for the next four years, assuming an interest rate of 12% compounded annually?

Respuesta :

Аноним Аноним

01-12-2020

Answer: The correct answer should be: a. $118.

References: Solution: A = P(A/P , i, n)

A = 4,500(A/P, 1%, 48) = (4,500)(0.0263) = $118.35

(im sorry if im wrong)

Answer Link

Otras preguntas

What is the slope and y-intercept of the equation 3(y − 2) + 6(x + 1) − 2 = 0? A. slope = -2, y-intercept = B. slope = 2, y-intercept = C. slope = -2, y-in

Which classification best represents a triangle with side lengths 6cm,10cm and 12cm

microeconomics chapter 7

Three rock climbers started a climb with each person carrying 7.8 kilograms of climbing equipment. A forth climber with no equipment joined the group. the group

Question 10(Multiple Choice Worth 2 points)Which of the following countries is facing a negative rate of natural increase? A United States B China C Saudi Arabi

translate "we stand" to latin

At which point does the narrator reveal the story's true problem?

A trail mix recipe asks for 4 cups of raisins for every 6 cups of peanuts. There is proportional relationship between the amount of raisins, r (cups), and the a

please help quickly!!! which of the following is not a peripheral?a. keyboardB. MonitorC. RamD. Mouse

what is the range of f(x)=e^x? A.All real numbers less than 0 B.All real numbers except 0 C.All real numbers D.All real numbers greater than 0