kaylagillner5399 kaylagillner5399
  • 11-01-2021
  • Business
contestada

Assume the appropriate discount rate is 2% per period. The discount factor for a cash flow 10 periods from today is closest to:

Respuesta :

fichoh
fichoh fichoh
  • 11-01-2021

Answer:

0.8203

Explanation:

Given that :

Using the discount factor formula :

1 / (1 + r)^n

r = discount rate = 2% = 0.02

n = number of periods = 10

1 / (1 + 0.02)^10

1 / (1.02)^10

1 / 1.21899441999475713024

= 0.8203482

= 0.8203

Answer Link

Otras preguntas

An odd number between 301 and 370 has three different digits. If the sum of its digits is five times the hundreds digit, find the number. Show your work.
Reduce the fraction 36/48 to its lowest terms.
Pyruvic acid enters the fermention cycle from what process
The label on a tub of margarine states that 100 g of the margarine contains 0·70 g of sodium. The sodium is present as sodium chloride. Calculate the mass of so
What is the difference between jet streams and global wind belts? SCIENCE!!!
Lois has been working as a cashier at FoodMart for the past 20 years. This would be considered a career. true or false
is the soil in parts of the northeast is very rocky?
Russia turned to which type of economic system in the 1990s? market communism democracy socialism
Predict the number of cars that turn right out of 100 vehicles that enter the intersection explain your reasoning?
can somebody help me???!!!!:/