antoriagriffinA1322 antoriagriffinA1322

22-10-2020
Business

contestada

What is the PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5%?

Respuesta :

22-10-2020

Answer:

$20,352

Explanation:

Use the time value of money techniques to find the PV as follows :

n = 10

p/yr = 1

i = 5.5%

Fv = $0

Pmt = $2,700

PV = ?

Using a financial calculator to enter the values as above the PV is $20,352

Answer Link

Otras preguntas

Find the length of the segment indicated. Round your answer to the nearest tenth if necessary. * PLZ HELP 3 3 3.4 2.3

How can we use patterns on the periodic table to predict an element’s structure and reactivity?

They are similar because their corresponding angles are congruent and their corresponding side lengths are in 3 the ratio z from AKLM O ANPQ. They are similar b

WILL MARK BRAINLIEST IF GOTTEN RIGHT

divide x^5+4x+1 by x+1

Read the sentence from the text. As we drove to the auditorium on the night of the recital, the stars winked encouragingly at me. Why does the author make the s

WHAT IS 22 DIVIDED BY TAN 75?? please help me!!!! i’m taking a math test i need a good grade! (question in picture)

Which of the following group uses formylmethionine as the first amino acid in protein synthesis? -Archaea only -Bacteria only -Eukarya only -None of the above

In the ΔTUV below, find the m∠U to the nearest degree

What was the “cry of children” why was it important