Question

>< D g780393932249-Test Bank,Ch1.p × Take Test: Quiz 1-118305-Sprin | e New Value Percenta × à https://dsuonline.blackboard.com/webapps/assessment/take/launch jsp?course assessment id-e y Question Completion Status: QUESTION 35 Compute the New Value for the following Initial Value Percentage Change New Value 89% [Please Calculate] 27 116 23.6 51.03 249.48 QUESTION 36 Compute the New Value for the following: Initial Value Percentage Change New Value -8% [Please Calculate] 231 116 249.48 51.03 212.52 QUESTION 37 The manacerial ohiectives is. to.maximize the axnected future value of ex-ned

Answer 1

% Change =( (New value/ Intial value)-1)

New value = Initial value (1+%change)

35) % Change = 89% = 0.89

Intial value = 27

New value = 27(1+0.89)

New value = 51.03

36) % Change = -8% = -0.08

Initial value = 231

New value = 231(1-0.08) = 231*0.92

New value = 212.52