Kristi is considering an investment that will pay $5,000 a year for 7 years, starting one year from today. How much should she pay for this investment if she wishes to earn a 12 percent rate of return?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Kristi is considering an investment that will pay $5,000 a year for 7 years, starting one year from today. How much should she pay for this ...” 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
g Therefore, smart investing involves attempting to earn a positive total return, which is the income that an investment generates from a combination of current income and capital gains. is the money received while you own an investment.
Answers (1)
An example of short term investment goal would be saving for: A. a house. B retirement C. watching movies. D. tertiary education.
Answers (1)
Which of the following serves as the justification for the periodic recording of depreciation expense? a. Association of efforts (expense) with accomplishments (revenue) b. Systematic and rational allocation of cost over the periods benefited c.
Answers (1)
You work at a call center of a large bank where you answer credit card services related questions from customers. Lately, you have noticed an increased number of customers enquiring if you had initiated a call. There can be a scam in progress. a.
Answers (1)
In the correct order, The first five ways to keep your job? 1. Go the extra mile 2 take directions well 3 develop problem solving skills 4 like it 5 creat good relation with your boss
Answers (1)
New Questions in Business
An airline company is interested in the opinions of their frequent flyer customers about their proposed new routes. Specifically, they want to know what proportion of them plan to use one of their new hubs in the next 10 months.
Answers (1)
Taylor Bank lends Guarantee Company $92,811 on January 1. Guarantee Company signs a $92,811, 12%, nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is
Answers (1)
Why is it important to know the interest rate on your credit card? a) The higher the interest rate, the more money you will be paying back b) The higher the interest rate, the less money you will be paying back c) The lower the interest rate, the
Answers (2)
It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and only all the firms being compared have the same proportion of fixed assets to total assets. a) trueb) false
Answers (1)
Which of the following actions differentiates an entrepreneur from other small business owners?
Answers (1)