Thursday
October 30, 2014

Homework Help: Finance

Posted by j on Wednesday, March 7, 2012 at 7:28pm.

Suppose your bank account will be worth $4,200.00 in one year. The interest rate (discount rate) that the bank pays is 5%. What is the present value of your bank account today?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - Suppose your bank account will be worth $4,200.00 in one year. The ...
math - Present Value suppose your bank account will be worth $7000 in one year. ...
Math Help!!!!! - 4) Jim has been offered a substantial cash discount if he pays ...
Finance - You receive $12,000 and looking for a bank to deposit the funds. Bank ...
Finance - You receive $12,000 and looking for a bank to deposit the funds. Bank ...
calculus - Suppose $5000 is deposited in a bank account that compounds interest ...
math - Suppose $5000 is deposited in a bank account that compounds interest four...
math - Suppose $5000 is deposited in a bank account that compounds interest ...
math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
math - You receive $12,000 and looking for a bank to deposit the funds. Bank A ...

Search
Members