Your grandmother is gifting you $125 a month for four years while you attend college to earn your bachelor's degree. At a 6.5 percent discount rate, what are these payments worth to you on the day you enter college? A. $5,201.16 B. $5,270.94 C. $5,509.19 D. $5,608.87 E. $5,800.00
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Your grandmother is gifting you $125 a month for four years while you attend college to earn your bachelor's degree. At a 6.5 percent ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized.
Answers (1)
Two neighbors, countries A and B, produce books and biankets, among other goods and services. However, Country A produces more in both countries, these industries individually employ 30 peroent of the population.
Answers (1)
Which type of investment is most likely to have the greatest long-term increase in value
Answers (1)
The balance of stockholders' equity at the beginning of the year and the end of the year was $ 60 comma 000 and $ 67 comma 000 , respectively. The company issued no common stock during the year. Dividends were $ 22 comma 000.
Answers (1)
You can buy commercial paper of a major u. S. Corporation for 495000 $ the paper has face value of 500000 $ and in 45 days from maturity calculate the Discount yield and bond equivalent yield on the commercial paper
Answers (1)
New Questions in Business
Current assets for two different companies at fiscal year-end are listed here. One is a manufacturer, Rayzer Skis Mfg., and the other, Sunrise Foods, is a grocery distribution company.
Answers (1)
Canada has nationalized health care, so that everyone, regardless of their ability to pay, has some access to health care.
Answers (1)
How much would Vincent have in his account after three years if he started with $100 and earns 5% compounding annually?
Answers (1)
The second stage of the consumer buying process is?
Answers (1)
People who have strong time-management skills have the ability to
Answers (1)