General Accounting question please solve How much would $20,000 due in 50 years be worthtoday if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78

Step 1: Define Time Value of MoneyThis is an important part of finance because it can inform what…

Answered: How much would $20,000 due in 50 years…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

How much would $40,000 due in 50 years be worth today if the discount rate were 6.7%? a. $1,464.45 b. $1,247.79 c. $1,562.57 d. $1,667.26 e. $1,482.56
How much would $7,550 due in 50 years be worth today if the discount rate were 7.5%? Select the correct answer. a. $199.11 b. $203.01 c. $204.31 d. $201.71 e. $200.41
You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%? a. $1,245.61 Ob. $1,067.95 Oc$1,311.17 d. $1,124.16 Oe. $1,183.33
How much would $1,000,000 due in 100 years be worth today if the discount ratewas 5%? If the discount rate was 20%? ($7,604.49, $0.0121)
What is the present value of RM4,500 to be received 10 years from today if the discount rate is 6 percent? Select one: a. RM2,126.590 b. RM2,327.689 c. RM2,165.790 d. RM2,512.776
how much would $3,050 due in 50 years be worth today if the discount rate were 7.5%
How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?
How much would $9,00o ts be received at the end of 50 years be worth today if the rered rate of return is 7.5%? $285.02 $153.89 $223.82 O $242.00 $693.65
You just purchased an annuity that will pay you $24,000 a year for 25 years, starting today. What wasthe purchase price if the discount rate is 8.5 percent?Select one:a. $266,498b. $241,309c. $251,409d. $258,319e. $245,621
What is the value today of $1,200 per year, at a discount rate of 9 percent, if the first payment is received 9 years from now and the last payment is received 25 years from today? Multiple Choice O O $5,006.15 $5,042.41 $5,145.31 $10,352.36 $2,805.56
How much would $9,000 t8 be received at the end of 50 years be worth today if the required rate of return is 7.5%? $285.02 $153.89 O $223.82 $242.00 E $693.65
How much would $1, growing at 6.8% per year, be worth after 75 years? Select the correct answer. O a. $138.95 b. $140.95 C. $136.95 d. $134.95 e. $132.95

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%? a. $438.03 b. $461.08 c. $485.35 d. $510.89 e. $537.78