John has an investment opportunity that promises to pay him $16,500 in four years. He could earn a 8% annual return inve

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: 899603
Joined: Mon Aug 02, 2021 8:13 am

John has an investment opportunity that promises to pay him $16,500 in four years. He could earn a 8% annual return inve

Post by answerhappygod »

John Has An Investment Opportunity That Promises To Pay Him 16 500 In Four Years He Could Earn A 8 Annual Return Inve 1
John Has An Investment Opportunity That Promises To Pay Him 16 500 In Four Years He Could Earn A 8 Annual Return Inve 1 (60.02 KiB) Viewed 11 times
John has an investment opportunity that promises to pay him $16,500 in four years. He could earn a 8% annual return investing his money elsewhere. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What is the maximum amount he would be willing to invest in this opportunity? (Round your final answers to nearest whole dollar amount.) Amount
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”