If you expect to receive a gift of $50,000 six years from now, the present worth

Q: If you expect to receive a gift of $50,000 six years from now, the present worth

6. r=((1+4%)*(1+3%))-1=7.12% formula=FV/(1+r)^n Present worth=50000/(1+7.12%)^6 =33094 the closet answer will be 33100 we do only one question based on Chegg rule.

ID: 1122380 • Letter: I

Question

If you expect to receive a gift of $50,000 six years from now, the present worth of the gift at a real interest rate of 4% per year and an inflation rate of 3% per year is closest to: A. $37,200 6. B. $33,100 C. $29,800 D. $27,600 Formula used: the discounted payback period for a business that has an income of $5000 per year and expenses of $1500 per year if your initial i A. Less than 6 years vestment was $23,800 and your MARR is 10% per year? B. 8 years C. 12 years D. 17 years Interest formula used:

Explanation / Answer

r=((1+4%)*(1+3%))-1=7.12%

formula=FV/(1+r)^n

Present worth=50000/(1+7.12%)^6

=33094

the closet answer will be 33100

we do only one question based on Chegg rule.

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If you expect to receive a gift of $50,000 six years from now, the present worth

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If you expect to receive a gift of $50,000 six years from now, the present worth

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