Essay
What is the present value of $1,000 paid to you in six years if the interest rate is 9%? Work it out to the nearest cent.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: What is the present value of $100
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -If the dotted
Q39: Total losses of the Fortune 500 companies
Q40: Jay Sorensen,who invented the Java Jacket,earned profits
Q41: Changes in land rents in the United
Q43: According to _,rent was an unearned surplus
Q44: Which would you rather have? a)$1,000,5 years
Q45: During the Great Recession of 2008,which of
Q46: Usury laws are a form of price
Q47: What is the present value of $1