Homework Answers
The present value is $87.06
The formula used is :-
A = P(1 + rt)
Here , A = total amount payable after time period
P = pricipal amount
r = Rate of interest
t = time period
Hence in question A = 100 , P = ? , r = 2/100 , t = 7 years
Using values in formula,
100 = P ( 1 + 2/100 ×7 )
100 = P ( 1 + 14/100 )
100 = P ( 114/100 )
100 ×100 /114 = P
10000/ 114 = P
Therefore P = 87.7 (approx)
Add Answer to:
45. Chapter ma2pe08r, section.271, Problem 208 (ID: 208.27.1- MC-MANK08) If the annual interest rate is 2%,...
43. Chapter ma2pe08r, Section .242, Problem 099 (ID: 099.24.2 - MC - MANK08) If the nominal interest...
43. Chapter ma2pe08r, Section .242, Problem 099 (ID: 099.24.2 - MC - MANK08) If the nominal interest rate is 4.2 percent and the rate of inflation is -0.5 percent, then the real interest rate is a. -8.4 percent. b. -2.1 percent. c. 3.7 percent. d. 4.7 percent.
98. Chapter ma2pe08r, Section .302, Problem 091 (ID: 091.30.2 - MC - MANK08) Which movie is an...
98. Chapter ma2pe08r, Section .302, Problem 091 (ID: 091.30.2 - MC - MANK08) Which movie is an allegory about late 19th century monetary policy? a. The Wizard of Oz b. Mary Poppins c. It’s a Wonderful Life d. Trading Places
43. Chapter ma2pe08r, Section .323, Problem 024 (ID: 024.32.3- MC- MANK08) If a country raises its...
43. Chapter ma2pe08r, Section .323, Problem 024 (ID: 024.32.3- MC- MANK08) If a country raises its budget deficit, then net capital outflow ts currency shifts right in the market for fi O a. rises, so the supply of i reign-currency exchange b. rises, so the demand for its currency shifts right in the market for foreign-currency exchange O c. falls, so the supply of its currency shifts left in the market for foreign-currency exchange. d. falls, so the demand for...
21. Chapter ma2pe08r, Section .42, Problem 090 (ID: 090.04.2 - MC - MANK08) If a good is...
21. Chapter ma2pe08r, Section .42, Problem 090 (ID: 090.04.2 - MC - MANK08) If a good is normal, then an increase in income will result in a(n) a. increase in the demand for the good. b. decrease in the demand for the good. c. movement down and to the right along the demand curve for the good. d. movement up and to the left along the demand curve for the good.
22. Chapter ma2pe08r, Section .43, Problem 032 (ID: 032.04.3 - MC - MANK08) The line that relates...
22. Chapter ma2pe08r, Section .43, Problem 032 (ID: 032.04.3 - MC - MANK08) The line that relates the price of a good and the quantity supplied of that good is called the supply a. schedule, and it usually slopes upward. b. schedule, and it usually slopes downward. c. curve, and it usually slopes upward. d. curve, and it usually slopes downward.
53. Chapter ma2pe08r, Section .252, Problem 159 (ID: 159.25.2 - MC - MANK08) Which of the following...
53. Chapter ma2pe08r, Section .252, Problem 159 (ID: 159.25.2 - MC - MANK08) Which of the following statements is correct? a. Human capital per worker is a determinant of productivity. b. A nation cannot be highly productive in producing goods and services without abundant quantities of natural resources. c. Human capital and technological knowledge are the same thing. d. All technological knowledge is proprietary.
55. Chapter ma2pe08r, Section .32, Problem 049 (ID: 049.03.2 - MC - MANK08) The gains from trade...
55. Chapter ma2pe08r, Section .32, Problem 049 (ID: 049.03.2 - MC - MANK08) The gains from trade are a. evident in economic models, but seldom observed in the real world. b. evident in the real world, but impossible to capture in economic models. c. a result of more efficient resource allocation than would be observed in the absence of trade. d. based on the principle of absolute advantage.
57. Chapter ma2pe08r, Section .364, Problem 013 (ID: 013.36.4-MC-MANK08) An individual would suffer lower losses or...
57. Chapter ma2pe08r, Section .364, Problem 013 (ID: 013.36.4-MC-MANK08) An individual would suffer lower losses or maybe even gain from an unexpectedly higher inflation rate if O a. she held much currency and on net was a lender. Ob. she held much currency and on net was a borrower c. she held litle currency and on net was a lender O d. she held little currency and on net was a borrower
3. Chapter ma2pe08r, Section .261, Problem 130 (ID: 130.26.1-MC- MANK08) Use the following table ...
3. Chapter ma2pe08r, Section .261, Problem 130 (ID: 130.26.1-MC- MANK08) Use the following table to answer the following questions. Table 26-2 tock ym Id % PE ol 1000s Hi et ose hg 1.90 19.83 10,325 05.65 103.10 101.87 1.99 1.45 0.02 6.69 0.04 6.50 0.12 ing Co. li Lily and Co. 1.72 51.17 6.51 57.75 6.69 LY .80 12.41 ,794 .50 60 142 1,078 ft Foods Group ellogg Co. 6.18 80 25 Refer to Table 26-2. Which company had the...
20. Chapter ma2pe08r, Section .281, Problem 177 (ID: 177.28.1 - MC - MANK08) Table 28-6 Civilian labor...
20. Chapter ma2pe08r, Section .281, Problem 177 (ID:
177.28.1 - MC - MANK08)
Table 28-6
Civilian labor force
100 million
Persons unemployed 15 weeks or longer
1.6 million
Job losers and persons who have completed temporary jobs
(excludes job leavers)
3.1 million
Total unemployed
6.2 million
Total unemployed plus discouraged workers
7.0 million
Total unemployed plus all marginally attached workers
8.1 million
Total unemployed plus all marginally attached workers plus
total employed part-time for economic reasons
9.2 million
Refer to Table...
43. Chapter ma2pe08r, Section .323, Problem 024 (ID: 024.32.3- MC- MANK08) If a country raises its budget deficit, then net capital outflow ts currency shifts right in the market for fi O a. rises, so the supply of i reign-currency exchange b. rises, so the demand for its currency shifts right in the market for foreign-currency exchange O c. falls, so the supply of its currency shifts left in the market for foreign-currency exchange. d. falls, so the demand for...
57. Chapter ma2pe08r, Section .364, Problem 013 (ID: 013.36.4-MC-MANK08) An individual would suffer lower losses or maybe even gain from an unexpectedly higher inflation rate if O a. she held much currency and on net was a lender. Ob. she held much currency and on net was a borrower c. she held litle currency and on net was a lender O d. she held little currency and on net was a borrower
3. Chapter ma2pe08r, Section .261, Problem 130 (ID: 130.26.1-MC- MANK08) Use the following table to answer the following questions. Table 26-2 tock ym Id % PE ol 1000s Hi et ose hg 1.90 19.83 10,325 05.65 103.10 101.87 1.99 1.45 0.02 6.69 0.04 6.50 0.12 ing Co. li Lily and Co. 1.72 51.17 6.51 57.75 6.69 LY .80 12.41 ,794 .50 60 142 1,078 ft Foods Group ellogg Co. 6.18 80 25 Refer to Table 26-2. Which company had the...
Most questions answered within 3 hours.
-
Write the ionic equations for the first stage of salts
hydrolysis.
Anion, Cation?
Na2S
NiSO4
K2SO4...
asked 5 minutes ago -
suppose there is a normally distributed population with a mean of
250 and a standard deviation...
asked 48 minutes ago -
Question Three
Suppose you as project manager are using the Waterfall
development methodology on a large...
asked 1 hour ago -
Which statement is not true about welfare in Canada?
A.Benefits typically vary based on one's ability...
asked 2 hours ago -
Please help me with FLOWCHART and UML diagram for class,
thank you!
#include <iostream>
#include <fstream>...
asked 3 hours ago -
3. Describe the “logic circuit” of the Lac operon. Which
proteins are bound or not to...
asked 3 hours ago -
Ayesha’s adjusted gross income is $60,000 in 2019. She donated a
piece of artwork with a...
asked 3 hours ago -
For Dijkstra’s shortest path algorithm:
a. Give the Big-O time for Dijkstra’s shortest path algorithm
and...
asked 3 hours ago -
Phosphorus violates the 'octet rule' in biological molecules,
forming more covalent bonds than expected based on...
asked 3 hours ago -
A 1.3 eV electron has a 10-4 probability of tunneling
through a 2.4 eV potential barrier....
asked 3 hours ago -
What is the one ingredient that is common to being successful
with all stakeholders?
profit
trust...
asked 3 hours ago -
Write an assembly language 32 bit program that reads in lines of
text by a .txt...
asked 3 hours ago