Jayneidpepec Jayneidpepec
  • 15-03-2017
  • Mathematics
contestada

How much would you have to invest today to receive $6,000 each year for 10 years at 9 percent?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 15-03-2017
PV= $6,000/(1+.09)10
PV= $15,000/(1.09)10
PV= $2,534.46
Answer Link

Otras preguntas

What were the major problems in the British parliamentary system? Check all that apply. Only five percent of the population was able to vote. Only wealthy lando
A microorganism s capability for producing disease can be described as its
70 POINTS Read the rough-draft paragraph. Popcorn first gained popularity in the United States during the Great Depression. Sugar had become an
A DJ for a school dance has a CD with 6 slow songs and 5 fast songs on it. As he plays each song he removes it from the play list. What is the probability that
How to convert (-2x^2)+2x-3 into standard form
Can anyone help me with some biology questions?
15 L increased by 60% new amount
Rank the acid-base definitions from most specific (exclusive) to most general (inclusive): Arrhenius, Brønsted-Lowry, Lewis Arrhenius, Lewis, Brønsted-Lowry Brø
Even as he is scolding them for their disobedience, god shows his mercy to adam and eve how? paradise lost
What is the annual compound interest rate for an investment account modeled by the function y = 12 • 1.18x?