Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a debt (present value) of 8,000 is payable in 7 ye

A debt (present value) of 8,000 is payable in 7 years and 5 months. Determine...

50.1K

Verified Solution

Question

Finance

A debt (present value) of 8,000 is payable in 7 years and 5 months. Determine the future value of the dedt at 10.8% compounded anually.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Fijisawa Inc. is considering a major expansion of its product line and has estimated the following...

Physics
1.2K views

A 7.80-nC charge is located 1.70 m from a 4.30-nC point charge. (a) Find the magnitude of...

Biology
1.2K views

A 3 C OP D CF E F CH G H B Name of structure...

Statistics
1.2K views

a 0 7 3 1 0 a 1 2 a 2 0 03 1 1...

Algebra
1.2K views

Partially because of people from a certain country living longer the number with Alzheimer s...

Accounting
1.2K views

Matching: Match the financial statement with its purpose. Income Statement Balance Sheet...

Accounting
1.2K views

Pickett Company gathered the following reconciling information in preparing its April bank reconciliation: Calculate the...

Accounting
1.2K views

A company that has been an S Corportion from its inception may:

Accounting
1.2K views

Consider the three input bundles A,B,C in the (2-dimensional) commodity space below. As accurately as...

Accounting
1.2K views

Here is information related to Morgane Company for 2022. (c) What...

Accounting
1.2K views

Assume a company provided the following information: Equity multiplier 2 Average stockholders equity $ 220,000...

Accounting
1.2K views

Prepare a statement of cash flows (indirect method) for the year 2018. Use the minus...