Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. present value of a single payment what is the pres

Present Value of a Single Payment What is the present value of a security that...

60.1K

Verified Solution

Question

Finance

image

Present Value of a Single Payment What is the present value of a security that will pay $15,000 in 20 years if securities of equal risk pay 7.7% annually? Do not round intermediate calculations. Round your answer to the nearest cent. S

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

Physics
1.2K views

7 Which d orbital has different shape from rest of al d orbitals 16 ertainty...

Accounting
1.2K views

EyeGuard Equipment Inc. (EEI) manufactures protective eyewearfor use in commercial and home applications. The...

Advance Math
1.2K views

solve using laPlace dy/dt+4y=40sin3t; y(0)=6 Please show all steps and write neat, thanks!

Biology
1.2K views

Question 1 Using the image below answer the following questions A B CH O C...

Geometry
1.2K views

the length of AB Round to the nearest hundredths place C 10 in 150 B...

Geometry
1.2K views

Which circle has a radius that measures 10 units O O 10 20 T 10...

Geometry
1.2K views

Given TU XW Prove XW 8 X 14 XW 4 7 XW 56 XW 8...

Basic Math
1.2K views

Two dice are rolled Find the odds in favor of rolling the following a A...

Algebra
1.2K views

Express in terms of sums and differences of logarithms log a b 7 log a...

Accounting
1.2K views

Requirement 5. What was the cost of goods sold before proration of under- or overallocated...

Accounting
1.2K views

Prepare Wells Technical Institute's balance sheet as of December 31, 2013. ...

Accounting
1.2K views

Un empleado recibe una tarifa por hora de $25, con tiempo y medio por todas...