Posted by **anonymous** on Monday, April 6, 2009 at 7:15pm.

Is this the correct answer?

PV=-50,000+180,000/1+r+180,000/1+r squared=250,000

Responses

math - bobpursley, Monday, April 6, 2009 at 12:38pm

does r have a value?

math - anonymous, Monday, April 6, 2009 at 12:48pm

oh yes, r=20%

- math -
**bobpursley**, Monday, April 6, 2009 at 7:23pm
Without parenthesis,it is not possible to work.

If you mean this..

PV=-50,000+180,000/(1+r)+180,000/(1+r^2)

I get 273 076.923 on the Google search calculator.

- math -
**anonymous**, Monday, April 6, 2009 at 7:27pm
ok, I think I'm getting closer. Thanks.

## Answer This Question

## Related Questions

- math - Is this the correct answer? PV=-50,000+180,000/1+r+180,000/1+r squared=...
- Accounting - Journalize the following transactions and omit the explanations. A...
- Math confused - Amy is the owner of The Candle Shop she uses the FIFO method for...
- accounting - E15-7 Bennis Company has the following comparative balance sheet ...
- Chemistry - Posted by Angeline on Monday, April 20, 2009 at 5:35pm. A few ...
- accounting - The following financial data were taken from the annual financial ...
- accounting - The following financial data were taken from the annual financial ...
- Math - The prices of 7 race cars are 126,000 140,000 140,000 180,000 400,000 400...
- math - Sara is the manager of The Candle Shop She uses the FIFO method of ...
- math - Additional Info - The value of a $20,000 car decreases every, t. The ...

More Related Questions