Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Aug 2017 My Price 7.00

Aunt Susan

You have just learned that you are a beneficiary in the will of your late Aunt Susan. The executrix of her estate has given you three options as to how you may receive your inheritance. (refer to attached tables) Required: 1a. Calculate the present value for the following assuming that the money can be invested at 12% percent. (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount. Omit the "$" sign in your response.) Present Value a. You may receive $50,000 immediately. $ b. You may receive $75,000 at the end of six years. $ c. You may receive $12,000 at the end of each year for six years (a total of $72,000). $ -------------------------------------------------------------------------------- 1b. If you can invest money at a 12% return, which option would you prefer? Option a Option b Option c

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Maurice Tutor
(5)
Status NEW Posted 10 Aug 2017 08:08 AM My Price 7.00

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