dgrande9351 dgrande9351
  • 24-12-2017
  • Business
contestada

If the market rate of interest is 6 percent, what is the present discounted value of $1,000 that will be paid in

Respuesta :

W0lf93
W0lf93 W0lf93
  • 04-01-2018

The formula for percent discount value after n years at the rate r is given by 
pdv=fv/(1+r)^n 
where fv is the fixed value  
here only fixed value is given to us so we will calculate the discounted value for coming 10 years 
after  
year 1=943.4
 2=890
 3=839.62
 4=739.09
 5=747.26
 6=704.96
 7=665.06
 8=627.41
 9=591.90 
10=558.39
Answer Link

Otras preguntas

What makes this web page look different from a web page that is not adapted for mobile?
1. What conflict sets the scene for the story? civil peace​
Find the equation of the line passing through the point (6,3) that is perpendicular to the line 4x−5y=−10. Step 1: Find the slope of the line 4x−5y=−10. What w
A pet store has the following number of fish in seven different aquariums: 6, 12, 7,5, 11, 6 and 9.find the mean of your data​
What's A Healthy Heart Rate?
What could I have been trying to figure out? A.) The amount of paint you have left if you start with 2 cans and use 1/4 of a can to make 1 poster. B.) The amoun
The list of integers 15, 20, 26, x, y, 32 has a mode of 26 and an arithmetic mean of 27. What is the median of the list of numbers? 23.5 32 15 26 23
jaishree studies for five two by three hours daily. She devotes 2four by 5 hours of her time for scieand mathematics. how much time does she devote for other su
Explain the principles of effective team
Which tools do meterorologists use to collect data about the weather