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What is the value today of $700 paid every six months forever with the first $700 payment occurring five years from today. Interest rates are 8% p.a. compounded half-yearly

What is the value today of $700 paid every six months forever, with the first $700 payment occurring five years from today. Interest rates are 8% p.a. compounded half-yearly. O a. $12,295.27 b. $17,500.00 OC. $4,377.18 d. $11,822.37
The value of an investment after one or more periods of time is called the: O a discounted value b. present value c. future value O d. simple value O e. interest on interest value
Your goal is to accumulate $60,000 in nine years' time. What monthly deposit must you make into a savings account to reach your goal? Interest rates are 9% p.a. compounded monthly. a. $4,607.93 b. $362.57 c. $555.56 d. $812.57
The purpose of capital budgeting is to: O a. identify assets that produce value in excess of their cost. ob.control the short-term financing used by a firm. O determine the correct mix of debt and equity for a firm. O d. appropriately control the level of inventory on hand. e. avoid all projects that involve risk.

Aug 17 2020 View more View Less

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