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

At which angle will the hexagon rotate onto itself?A. 60°B. 90°C. 120°D. 180°

Find the word that has the same beginning sound as "thought"?a. think b. take c. taste

The figure below shows a partially completed set of steps to construct a rhombus PQRS: Two equal sides of a rhombus PQRS are drawn. PQ that makes an acute angl

Calculate the area of the regular pentagon shown below. Give your answer to 1 d.p. 16.2 cm is one side of the pentagon

If a video gets 5000 views every 10 minutes how many hours will it take to get 60000 views

pleasa give me the answer thank you very much !! use English tqqqqq

Adriana spent $24 on fruit punch and lemonade. Fruit punch costs $3 per bottle. Lemonade costs $2 per bottle. How many bottles of fruit punch could Adriana buy

Which set of angle measures could be the measures of the interior angles of a triangle? a. 90°, 42°, and 58° b. 60°, 60°, and 60° c. 100°, 48°, and 42°d. 31°, 7

Which was a response of the British government after the event described above?A Parliament passed strict legislation to further punish the colonists. B Parliam

Question9 A quel periode a l existence du poete la deuxieme strophe renvoie t elle justifier votre reponse