#21) Troy will receive $7,500 at the end of year 3. At the end of...
60.1K
Verified Solution
Link Copied!
Question
Finance
#21) Troy will receive $7,500 at the end of year 3. At the end of the following two years, he will receive $9,000 and $12,500, respectively. What is the future value of these cash flows at the end of year 5 if the interest rate is 8 percent? $33,445
$35,622
$30,968
$35,255
$28,738
#39) Cast Out Co. invested $37,900 in a project. At the end of three years, the company sold the project for $62,500. What annual rate of return did the firm earn on this project?
16.91%
18.14%
17.47%
18.67%
19.20%
#38) You are considering a job that offers a starting bonus of $2,500, paid immediately, and an annual salary of $44,000, $47,000, and $50,000 for the next 3 years, respectively. The annual salary is paid at the end of each year. What is this offer worth today at a discount rate of 5.6 percent?
$139,283.56
$158,283.49
$128,773.82
$154,383.50
$142,983.33
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
