Posted by topaz on Thursday, May 23, 2013 at 10:05pm.
calculating present value
p=35,000(1.10)^12

college algebra  Bosnian, Friday, May 24, 2013 at 5:19am
35,000 ( 1.10 ) ^  12 =
35,000 / ( 1.10 ) ^ 12 =
35,000 / 3.138428376721 =
11,152.07862
Answer This Question
Related Questions
 Finance  I have a case study to do and I'm not sure how to go about it. I need ...
 Finance  Suppose you just inherited a gold mine. This gold mine is believed to ...
 math  Suppose that the average earnings for high school graduates is $25,000, ...
 Economics  Suppose that the average earnings for high school graduates is $25,...
 finance  . Suppose you just inherited an gold mine. This gold mine is believed ...
 College Algebra  Find the present value of $100,000 if interest is paid at a ...
 financial management  1)The cost of a project is $500,000 and the present value...
 College Algebra  A cars value is declining exponentially. The car is currently ...
 Finance math  Consider the project with the following expected cash flows: Year...
 Finance  Cooper construction is considering purchasing new technologically ...
More Related Questions