Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming a constant interest rate of 6%, consider the present and future values of this gift, depending on when you become engaged. Complete the first row of the table by determining the value of the gift in one and two years if you become engaged today. Date Received - Present Value - Value in One Year - Value In Two Years Today 1,000 Fill in Fill in In 1 year Fill in 1,000 Fill in In 2 years Fill in Fill In 1,000 Complete the first column of the table by computing the present value of the gift if you get engaged in one year or two years. The present value of the gift is (greater, smaller) if you get engaged in one year than it is if you get engaged in two years.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 19:40, nessabear9472
Prairie, inc. produces one single product. it has an annual capacity of 10,000 units, but currently uses only 80% of it. each unit is sold for $50 and requires direct material worth $30 and direct labor worth $5. manufacturing overhead cost is $10 per unit of which 70% is variable. should a special order to sell 1,000 units at $44 be accepted? yes no
Answers: 2
Business, 22.06.2019 02:00, sciencegeekgirl2017
Corporations with suppliers, vendors, and customers all over the globe are referred to as : a) global corporations b) international corporations c) multinational corporations d) multicultural corporations
Answers: 2
Business, 22.06.2019 02:50, smariedegray
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
Answers: 2
Business, 22.06.2019 05:30, amandajbrewerdavis
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
You know the right answer?
Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assumi...
Questions in other subjects:
