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

solve the equation in factoral form (x+3)(x-2/5=0

A person sees a ball and kicks it, in part because of actions of the nervous system. Using the parts of the nervous system listed bellow, describe the path of n

A box if cereal has a volume of 384 cubic inches . If width of the box is 4 inches and the length is 8 inches , what is the height of the box?

I need to factor 5a^2 + 7a + 6b^2 - 4b but I can't figure it out.......could it possibly be prime?

A picture frame for a square picture has an area of 80 square inches. What is the length of the picture?

Why is carbon unique among the elements?????

Why is carbon unique among the elements?????

What role should the government have in enforcing equal rights for Americans?

3x-150=1778. Help me please I need help bad

A box if cereal has a volume of 384 cubic inches . If width of the box is 4 inches and the length is 8 inches , what is the height of the box?