An investment offers $7,100 per year for 20 years, with the first payment occurring one year from now. If the required return is 7 percent, what is the value of the investment? (Do not round intermediate calculations and round your final answer to 2 decimal places, e. g., 32.16.) Present value $ What would the value be if the payments occurred for 45 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e. g., 32.16.) Present value $ What would the value be if the payments occurred for 70 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e. g., 32.16.) Present value $ What would the value be if the payments occurred forever
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An investment offers $7,100 per year for 20 years, with the first payment occurring one year from now. If the required return is 7 percent, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
29. Maxwell is trying to decide whether to accept a salary of $60,000 or a salary of $25,000 plus a bonus of 20% of net income after salaries and bonus as a means of allocating profit among the partners.
Answers (1)
Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $50,000; accounts payable, $38,000; merchandise inventory, $14,000; Joe Ryan, capital, $46,000; and equipment, $20,000.
Answers (1)
Which of the following are assumptions of perfect competition? Group of answer choices The products are identical. consumers have all the relevant information to make rational buying decisions. There are many buyers and sellers.
Answers (1)
Regarding organizational buying, the people who have the power to select or approve the supplier - especially for larger purchases - are called: A. buyers. B. influencers. C. deciders. D. users. E. gatekeepers.
Answers (1)
Cecelia's government provides for her basic needs. In return, Cecelia works in the factory downtown, as she always has since the government assigned her there. Cecelia's government can be considered
Answers (1)
New Questions in Business
A nation has a workforce of 500 workers. In every month, 10 workers leave jobs, and 10 different workers tind jobs However, there are also 20 workers who lack the skills to be employed, and thus remain unemployed throughout the year There is no
Answers (2)
In the late 1800s, workers tolerated poor wages and working conditions because they a. thought that the government would protect them. b. believed it had to get worse before it got better. c. could be replaced easily by other workers. d.
Answers (1)
Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. This is an example of extrinsic value interest intrinsic value external value
Answers (1)
Imagine that you are a manager facing the problem of not attracting enough high-quality personnel to your organization. Would you attempt to solve this problem alone or by committee? Explain your reasoning.
Answers (1)
Explain the difference between traditional subsistence agriculture, traditional intensive agriculture, and industrial agriculture (mechanized agriculture). when is each system favored?
Answers (1)