Answer:
$31.24 is the current value of one share at a discount rate of 12 percent
Explanation:
Price today = [PVF 12%, 2 *d2]+[PVF12%,4 ] + [PVF 12%, 5 * P]
=[.79719* 2 ] +[.63552*2] + [ .56743*50]
= 1.5944+ 1.2710+ 28.37
= 31.24
Answer:
the amount that should be show more money for spending is $80
Explanation:
The computation of the amount that should be show more money for spending is as follows;
= Certificate of deposit × reward for saving or postponing consumption percentage
= $1,000 × 8%
= $80
hence, the amount that should be show more money for spending is $80
Answer:
Explanation:
See attached file for answer
