Purchase Solution

Solving for the Present Value of Money

Not what you're looking for?

Ask Custom Question

The presents value P that will amount to A dollars in 'n' years with interest compounded annually at annual interest rate 'r' is given by P=A(1+r)^(-n).

Find the present value that will amount to $50,000 in 20 years at 8% compounded annually.

Purchase this Solution

Solution Summary

The solution calculates the present value of money.

Purchase this Solution


Free BrainMass Quizzes
Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.