Money is worth 5% compounded semi-annually. What is the value today of a contract that will bring in a payment of $86,50

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

Money is worth 5% compounded semi-annually. What is the value today of a contract that will bring in a payment of $86,50

Post by answerhappygod »

Money is worth 5% compounded semi-annually. What is the value today of a contract that will bring in a payment of
$86,500 in nine years?
DI
O
$41,962
$38,090
$63,276
$55,461
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”