Homework Helper

Not Rated (0)

$17/per page/

About Homework Helper

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Art & Design,Chemistry,Economics,Essay writing Hide all
Teaching Since: Apr 2017
Last Sign in: 419 Weeks Ago, 3 Days Ago
Questions Answered: 3232
Tutorials Posted: 3232

Education

  • MBA,MCS,M.phil
    Devry University
    Jan-2008 - Jan-2011

  • MBA,MCS,M.Phil
    Devry University
    Feb-2000 - Jan-2004

Experience

  • Regional Manager
    Abercrombie & Fitch.
    Mar-2005 - Nov-2010

  • Regional Manager
    Abercrombie & Fitch.
    Jan-2005 - Jan-2008

Category > Business & Finance Posted 18 May 2017 My Price 7.00

Comparison of Alternatives Brian Imhoff’s grandparents

Comparison of Alternatives Brian Imhoff’s grandparents want to give him some money when he graduates from high school. They have offered Brian three choices as follows:
a. Receive $15,000 immediately. Assume that interest is compounded annually.
b. Receive $2,250 at the end of each six months for four years. Brian will receive the first check in six months.
c. Receive $4,350 at the end of each year for four years. Assume that interest is compounded annually. 

Required
Brian wants to have money for a new car when he graduates from college in four years. Assuming an interest rate of 8%, what option should he choose to have the most money in four years?

Answers

Homework Helper
Not Rated (0)
Status NEW Posted 18 May 2017 04:05 AM My Price 7.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)