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| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
What is the present value of $14,350 to be received 3 years from today if the discount rate is 5.50 percent?
| Â | $12,110.09 | ||||||||||||||||||||
| Â | $12,220.66 | ||||||||||||||||||||
| Â | $12,098.45 | ||||||||||||||||||||
| Â | $12,892.79 | ||||||||||||||||||||
| Â | $7,827.27 Your car dealer is willing to lease you a new car for $299 a month for 72 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 2.9 percent, what is the current value of the lease?
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