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  E157 Bennis Company has the following comparative balance sheet ...
 Chemistry  Posted by Angeline on Monday, April 20, 2009 at 5:35pm. A few ...
 Math please explian  You are the manager of The Candle Shop using the FIFO ...
 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 ...
More Related Questions