Best Answer

Determine the present value of $5,000 to be received 4 years from now at the continuously discounted rate of 8 percent.

a) $6,886

b) $3,631

c) $4,616

d) None of the above

I think the answer is D, none of the above, because 8% deducted annually from a starting point of 5000 would leave you with 3582 after 4 years.

Q: Determine the present value of 5000 to be received 4 years from now at the continuously discounted rate of 8 percent?

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Continue Learning about Math & Arithmetic

13.77 will be the discounted price if the standard price is 16.50.

The discounted price is 35.34

The discounted amount would be 100.75

7,500 pounds

70 percent off of 21.99 is $6.60. Subtracting 70 percent from the original price leaves you with the discounted price.

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The discounted price is $31.50

find the selling price of an item listed at $400 subject to a discounted series 25 percent 10 percent and 5 percent

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The discounted price will be $2,400.00

13.77 will be the discounted price if the standard price is 16.50.

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Jeans that cost forty five dollars discounted by fourteen percent What is their sale price?

It is 14.9 percent.

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Matt will have $2,298.65.

The discounted amount would be 100.75