Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if the single amount of $3500 is to be received in

If the single amount of $3500 is to be received in 2 years and discounted...

70.2K

Verified Solution

Question

Accounting

If the single amount of $3500 is to be received in 2 years and discounted at 10%, its present value is

$3088.

$4024.

$2893.

$3072

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Question 6 Sylvan Forests Ltd is analysing a new paper product with the following after-tax cash flows: YEAR CASH...

Finance
Q

Callaghan Motor’s bonds have 7 years remaining to maturity. Interest is paid annually, the bonds have...

Finance
Q

Given a diprotic acid, H2A, with two ionization constants of Ka1 = 4.08× 10–4 and Ka2...

Chemistry
Q

What are the different types of diabetes and how do they differ from each other?

Medical Sciences
Q

Discuss the concept of supervision/mentoring as applied to personal theory development. Do you agree that this...

Psychology
Q

Draw the image of AABC under a dilation whose center is P and scale factor...

Geometry
Q

12 Assume that there is country with a population of 60 individuals Assume further that...

Calculus
Q

Piedmont Company segments its business into two regions-North and South. The company prepared the contribution...

Accounting
Q

Do It! Review 20-5 Darcy Roofing is faced with a decision. The company...

Accounting
Q

1. Sketch a tax invoice which is compliant to the Service Tax Act 2020. ...

Accounting
Q

For Walmart Discuss how the term structure of interest rates would impact the companys financing...

Finance
Q

Delph Company uses a job-order costing system and has two manufacturing departmentsMolding and Fabrication. The...

Accounting