Solved: Find out the present value of a payment, Finance Basics

+44 141 628 6080
[email protected]

Find out the present value of a payment

Question: If the interest rate this year is 7.2% and the interest rate next year will be 9.2%, what is the future value of $1 after 2 years? What is the present value of a payment of $1 to be received in 2 years? (Do not round intermediate calculations. Round your answers to 4 decimal places.)

Future value $

Present value $

Solution Preview :

Prepared by a verified Expert

Finance Basics: Find out the present value of a payment

Reference No:- TGS02034302

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Evolving trends which influence innovation

Prepare a executive summary in which you recognize and discuss three to five evolving trends which influence innovation.

Q : Determine the observed time-normal time

A job was timed for 60 cycles and had an average of 1.4 minutes per piece. The performance rating was 90 percent, and workday allowances are 14 percent

Q : Do you think the united states will have bank panic

----Do you think the United States will have bank panic?

Q : History of johnson city medical group

The Johnson City Medical Group began in 1932 as a solo specialty, two-person cardiology practice by Timothy and Robert Johnson, two brothers

Q : Find out the present value of a payment

If the interest rate this year is 7.2% and the interest rate next year will be 9.2%, what is the future value of $1 after 2 years?

Q : Generate the mrp for the final product

John Jacobs recently invented a new holder for Keurig Coffee pods and it is selling very well. It is scheduled to be featured in 5 weeks on Good Morning

Q : What is the present value of the sales price

If the interest rate is 8.75%, what is the present value of the sales price?

Q : Conducting a job analysis-a basis for a job evaluation

In a job analysis, you gather all the information you can on a specific job and then use it to identify and describe the job

Q : What is the future value of the ordinary annuity investment

What is the future value of this ordinary annuity investment? Does the present value of the investment indicate that this is possible?

1951391

Questions
Asked

3,689

Active Tutors

1459620

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Determining whether male college students

Dr. Smith is interested in determining whether male college students who have a significant stuttering problem are also likely to be introverted.

What may influence a childs development biologically

Question: Can you think of any factors that may influence a child's development biologically, psychologically, and socially?

How does instagram shape the ways we see our bodies

Question: How does Instagram shape the ways we see our bodies? Our gender?

Review video being mortal- medicine and what matters in end

The video Being Mortal: Medicine and What Matters in the End" (TED Talk) the question Consider the implications of the TED Talk

Reviewing your cliftonstrengths themes

After reviewing your CliftonStrengths themes in-depth and exploring the various mission statements/purpose statements from this module,

What when a counselor asks a client to pretend to interview

When a counselor asks a client to pretend to interview for a job, and the counselor pretends to be an employer,

Discussion about natural philosophy

People may produce fine instruments and weapons, cathedrals, windmills, and aqueducts, without having any formal knowledge of the underlying science