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

Ethanol is the active principle in intoxicating drinks. a. TRUE b. FALSE

American intervention in the Western Hemisphere caused anti-American feelings among Latin American countries. a. True b. False?

Which of the following correctly defines flashback? a. a technique used to explore the narrator's point of view b. a technique used to describe characters' fe

find the slope of the line graphed below

What part of the lower respiratory tract is made up of tiny air sacs where oxygen and carbon dioxide are exchanged? a. Bronchioles b. Larynx c. Alveoli d. T

what are the solutions to the equation x2 +3x-4=0

What is an anecdote?

Find the sides of an isosceles right angled. tringleof hypotenuse 4 root 2

President Monroe's foreign policy could best be described as

a Stuntman jumps from the roof of a building to the safety net below. How far has the stuntman fallen after 2 seconds