Homework: Ch 5 Pre HW (part 1 of 2)
core: 0 of 1 pt
2 of 4 (1 complete)
5-12 (similar...
Mathematics, 01.06.2020 00:00 dondre54
Homework: Ch 5 Pre HW (part 1 of 2)
core: 0 of 1 pt
2 of 4 (1 complete)
5-12 (similar to)
Present value concept Answer each of the following questions.
a. How much money would you have to invest today to accumulate $5,600 after 9 years if the rate of return on your inves
b. What is the present value of $5,600 that you will receive after 9 years if the discount rate is 9%?
c. What is the most you would spend today for an investment that will pay $5,600 in 9 years if your opportunity cost is
9%?
d. Compare, contrast, and discuss your findings in part a through c.
a. A single investment made today, earning 9% annual interest, worth $5,600 at the end of 9 years is
(Round to the
Answers: 2
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It is saturday morning and jeremy has discovered he has a leak coming from the water heater in his attic. since plumbers charge extra to come out on the weekends, jeremy is planning to use buckets to catch the dripping water. he places a bucket under the drip and steps outside to walk the dog. in half an hour the bucket is 1/5 of the way full. what is the rate at which the water is leaking per hour?
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