Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
b
2
M
2
V
2
f
2
c
2
c
2
K
2
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
shepherd shepherd
wrote...
Go to Answer
Posts: 2986
Rep: 18 1
8 years ago
If Jim wants $25,000 in five years and can earn an 8% interest rate, how much does he need to invest today? (Note - Solve as a Present Value problem.)
A) $17,829      B) $15,158      C) $17,025      D) $16,108
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
Read 397 times
3 Replies
Replies
Answer verified by a subject expert
tityltityl
wrote...
#1
Top Poster
Posts: 2938
Rep: 82 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

shepherd Author
wrote...
#2
8 years ago
BRILLIANT!
wrote...
#3
8 years ago
Let me know if you need anymore help
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  504 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 565
  
 852
  
 372
Your Opinion
Who's your favorite biologist?
Votes: 608
Previous poll results: Do you trust social media networks with protecting your privacy?