Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is the present value of $10,000 paid at the e

What is the present value of $10,000 paid at the end of each of the...

50.1K

Verified Solution

Question

Accounting

image
What is the present value of $10,000 paid at the end of each of the next 94 years if the interest rate is 8% per year? The present value is \$ (Round to the nearest cent.)

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

Statistics
1.2K views

A corporation monitors time spent by office workers browsing the web on their computers instead of...

Chemistry
1.2K views

what is the mechanism to get ornithine from glutamate-5-semialdehyde

Biology
1.2K views

Over evolutionary time, flowering plants have evolved colors, odors, and nectar that attract pollinating insects...

Physics
1.2K views

A 7.0 kg box is attached to a spring that is compressed a distance of...

Basic Math
1.2K views

Perform the following subtractions and round the answer to the same number of decimal places...

Statistics
1.2K views

In statistics an association refers to a linear or curved pattern of joint variation between...

Statistics
1.2K views

noitelugog stuods znoizulonos There are more than 38 000 000 carbon monoxide detectors installed in...

Accounting
1.2K views

The following revenue-based profit functions were for X Company's only two products, A...

Accounting
1.2K views

1.) Betsy purchased a piece of new equipment (7-year MACRS) for $270,000 for her business...

Accounting
1.2K views

Indicate which section of the statement of cash flows should contain each of the following...

Accounting
1.2K views

Question #1) Cash Payback Period A project has estimated annual net cash flows of $28,000....

Accounting
1.2K views

Black Sheep Printing has 42 employees distributed among the following departments: Sales: 12 Factory: 18...