× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
Hillier Hillier
wrote...
Posts: 550
Rep: 5 0
6 years ago
Find the present value for payments of $500.00 made at the end of each quarter for ten years, if interest is 8% compounded quarterly.
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 142 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
PMT = 500.00; n = 10(4) = 40; I/Y = 8 P/Y = C/Y = 4; i =   = 2% = 0.02
PV = PMT  = 500  = $13 677.74

Programmed solution:
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1669 People Browsing
Related Images
  
 326
  
 386
  
 290
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484