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

which digit be added to make this a comparison 441,672<4_5,389 select each correct answer please A. 3 B. 4 C. 5 D. 6
Sadducees were mainly interested in what
Which continents lie completely or partly in the eastern hemisphere?
Explain how the bacteria are able to attach firmly to teeth such that the bacteria can only be removed with scraping.
A particle's velocity is described by the function vx = t 2 - 7t + 10 m/s, where t is in s. a. at what times does the particle reach its turning points? b. what
What does the preamble to the bill of rights tell readers about the reasons the document was created??
(tco 7) the ___________ specifies the physical hardware on which the software system will execute, and how the software is deployed on that hardware.
Simplify each expression. Write your answer in exponential notation. PLEASE HELP
A different car in the next lane accelerates from rest to 30 m/s at a rate of 6 m/s^2 for 5 seconds. How far does this car travel during this period?
Which statement best represents how structure relates to function? Question 1 options: A horse's mane is often black. Great white sharks have sharp serrated