1. Business
  2. Economics
  3. clound208208881046813a96602f99dd ieng 301 spring 2019 1 homework ch 2 hw...

Question: clound208208881046813a96602f99dd ieng 301 spring 2019 1 homework ch 2 hw...

Question details

CLOUnD2082088810468/13a96602f99dd IENG 301 Spring 2019 (1) Homework: Ch. 2 HW Probs Score: 0 of 10 pts Problem 2-14 (book/static) 3 of 12 (3 complete) What is the present worth of these future payments? (a) $25,500 eight years from now at 12% compounded annually (b) $58,000 twelve years from now at 4% compounded annually (c) $25,000 nine years from now at 6% compounded annually (d) $35,000 four years from now at 9% compounded annually Click the icon to view the interest factors for discrete compounding when i-4% per year. Click the icon to view the interest factors for discrete compounding when i-6% per year. Click the icon to view the interest factors for discrete compounding when i:9% per year. (a) The present worth is s (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution