Register
According to Colonel Marcy what are two resources being used by these Native Americans?
36.0k views
4 votes
According to Colonel Marcy what are two resources being used by these Native Americans?

According to Colonel Marcy what are two resources being used by these Native Americans-example-1
User Todd Ellner
by
4.9k points

1 Answer

1 vote
Future value = FV = $6000

Time period = n = 8

interest rate = r = 12%

Present value (PV) is calculated using the formula:

PV = FV/(1+r)n

Present Value = PV = 6000/(1+12%)8 = 6000/1.128 = 2423.299368

Answer -> 2,423
User Neha Karanjkar
by
4.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.4m answers

Other Questions

In the mid-1700s, which industrializing nation was the dominant commercial power in the atlantic ocean?
Why do you think Benito Mussolini and his appeal for a militarily powerful Italy were able to win such wide support in Italy in the aftermath of World War I?
Study the 14 century Persian image below what could one conclude about the Islamic world from this image?
Gandhi's main strategy to win independence from Britain was _____. Select the best answer from the choices provided. armed warfare careful, directed terrorism peaceful, passive resistance democratic campaigning
How much was mezzo-soprano maria garcia earning per night by the time she left for europe in 1827?
Link Copied!