What is the present value of your inheritance

Reference no: EM13301131

You will receive a $100,000 inheritance in 15 years. Your investments earn 6% per year, compounded annually. To the nearest hundred dollars, what is the present value of your inheritance?

Reference no: EM13301131

Questions Cloud

How sensitive is ocf to changes in quantity sold : Consider a four year project with the following information: initial fixed asset investment = $490,000.

State why silicon tetrachloride reacts with water to produce : Why silicon tetrachloride reacts with water to produce SiO2 but carbon tetrachloride does not react with water? 1. SiCl4 can act as a Lewis base

Find the inner radius of the pipe : A copper pipe with an outer radius of 0.014 m runs from an outdoor wall faucet into the interior of a house. Find the inner radius of the pipe

Determine the velocity of the combined bodies : A 2 kg car moving towards the right at 4 m/s collides head on with an 8 kg car moving towards the left at 2 m/s, determine the velocity of the combined bodies

What is the present value of your inheritance : You will receive a $100,000 inheritance in 15 years. Your investments earn 6% per year, compounded annually. To the nearest hundred dollars, what is the present value of your inheritance?

How much of july revenue is collected in august : If 30% of the month's revenue is collected in the same month, 40% is collected in the second month, and 30% is collected in the third month, how much of July's revenue is collected in August? How much of August's revenue is collected in September?

Computation the volume change during the oxidation : Calculate the volume change (in Liters) during the oxidation of sulfur dioxide in which ?E = -849.700 kJ and ?H = -852.373 kJ at a constant pressure of exactly one atm and constant temperature

Dealing with issues on downsizing within an organization : 1. Which of the following theories has been contended to be most effective when dealing with issues on downsizing within an organization?

Determine the frequency of these water waves : You dip your finger into a pan of water three times each second, producing waves with crests that are separated by 0.16 m. Determine the frequency of these water waves

User Account

All Pages