menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Eight years from now, you will be inheriting $100,000. what is this inheritance worth to you today if you can earn 7.25 percent interest, compounded annually?
Ask a Question
Questions
Unanswered
Tags
Ask a Question
Eight years from now, you will be inheriting $100,000. what is this inheritance worth to you today if you can earn 7.25 percent interest, compounded annually?
asked
Sep 21, 2018
120k
views
2
votes
Eight years from now, you will be inheriting $100,000. what is this inheritance worth to you today if you can earn 7.25 percent interest, compounded annually?
Mathematics
high-school
Dhananjay Joshi
asked
by
Dhananjay Joshi
8.5k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
Let the present worth = P
P(1+0.075)^8 = 1,00,000
⇒ 1.783478 P = 100000
⇒ P = 100000/1.783478
⇒ P =
$56,070
Greyson
answered
Sep 27, 2018
by
Greyson
8.1k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Jan 24, 2024
125k
views
Multiple inheritance means, (a) one class inheriting from more super classes (b) more classes inheriting from one super class (c) more classes inheriting from more super classes (d) None of the above (e)
GHH
asked
Jan 24, 2024
by
GHH
8.1k
points
Computers & Tech
high-school
1
answer
0
votes
125k
views
asked
Jun 9, 2020
210k
views
Marfan's syndrome is the result of inheriting a single allele. Individuals with Marfan's syndrome are tall and long-limbed, and have both cardiovascular and eye defects. The inheritance of Marfan's syndrome
Cperez
asked
Jun 9, 2020
by
Cperez
7.4k
points
Biology
high-school
1
answer
2
votes
210k
views
asked
Apr 20, 2020
91.4k
views
Marfan syndrome is the result of inheriting a single allele. Individuals with Marfan syndrome are tall and long-limbed, and have both cardiovascular and eye defects. Of what type of inheritance is the
Guven Sezgin Kurt
asked
Apr 20, 2020
by
Guven Sezgin Kurt
8.6k
points
Biology
high-school
2
answers
4
votes
91.4k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org