Question

You have been offered a contract to work as a consultant. The company will pay you $6416 per month. You will complete the work in 6 years. Your required return is 6.64%, what is this contract worth today?

likes

451 views

Answer to a math question You have been offered a contract to work as a consultant. The company will pay you $6416 per month. You will complete the work in 6 years. Your required return is 6.64%, what is this contract worth today?

$Expert avatar$

Lurline

4.6

107 Answers

6416\times\frac{1-\left(1+\frac{6.64\%}{12}\right)^{-12\times6}}{\frac{6.64\%}{12}}=380169.87 It is worth $380169.87

Frequently asked questions (FAQs)

Math question: A right triangle has one angle measuring 30 degrees, and the side opposite to this angle has a length of 5 units. What is the length of the hypotenuse?

What is the area of a triangle with side lengths 5, 12, and 13 using Heron's formula? (a = 2, b = 5, c = 13)

Question: What is the integral of f(x) = 3x^2 + 2x - 1 on the interval [0, 5]?

New questions in Mathematics

Let 𝑢 = 𝑓(𝑥, 𝑦) = (𝑒^𝑥)𝑠𝑒𝑛(3𝑦). Check if 9((𝜕^2) u / 𝜕(𝑥^2)) +((𝜕^2) 𝑢 / 𝜕(𝑦^2)) = 0

Y=-x^2-8x-15 X=-7

Calculate the 6th term of PA whose 1st term is 6.5 and the ratio 5

A person who weighs 200 pounds on earth would weigh about 32 pounds on the moon. Find the weight of a person on earth who would weigh 15 pounds on the moon.

(m²-121)

The ratio of tomatoes to red apples is 2:5. If there are 20 tomaoes in the garden, how many red apples are there?

A juice shop prepares assorted juices, for their juices they have 5 different types of fruit. How many types of assortments can be prepared in total, if it is considered an assortment to a juice made with two or more fruits?

Moaz wanted to test whether the level of headache pain (on a scale of 1 – 10) changes after taking Advil. He collected data from 9 participants and calculated the difference in headache pain before and after taking Advil (summarized in the table below). Determine W observed for this test. Difference Scores -2 -4 0 +1 +3 -2 0 -3 -5 Also, What is the degrees of freedom for this test?

All the liquid contained in a barrel is distributed into 96 equal glasses up to its maximum capacity. We want to pour the same amount of liquid from another barrel identical to the previous one into glasses identical to those used, but only up to 3/4 of its capacity. How many more glasses will be needed for this?

12(3+7)-5

The physician orders 15mg of tramadol(liquid). On hand is 30mg/2mL vials. How many mL will the MA administer?

In the telephone exchange of a certain university, calls come in at a rate of 5 every 2 minutes. Assuming a Poisson distribution, the average number of calls per second is: a) 1/8 b) 1/12 c) 1/10 d) 2/5 e) 1/24

Solve the equation: sin(2x) = 0.35 Where 0° ≤ x ≤ 360°. Give your answers to 1 d.p.

TEST 123123+123123

If a|-7 and a|9, then a|-63

The volume of a cube decreases at a rate of 10 m3/s. Find the rate at which the side of the cube changes when the side of the cube is 2 m.

Which statement best describes the key changes in perspectives on inclusion? An inclusive program must consider the unique experiences of every child and family as well as the child's strengths and needs. There is a shift in thinking about individual programs as "inclusive programs" to thinking about inclusion as something that reflects the cultural influence of the family. There is a greater emphasis on barriers to full participation and the acknowledgement that all children are unique and must be fully and meaningfully engaged in a program. In an inclusive program all participants are accepted by their peers and other members of the community.

A buyer purchased a North Carolina home for $475,250. The seller allowed the buyer to assume his first small mortgage with a loan balance of $110,000. How much is the excise tax paid in the transaction? $951 $729.50 $950.50 $221 none of the above

Solve the following 9x - 9 - 6x = 5 + 8x - 9

f(x)= 9-x^2 find (f(x+h)-f(x) )/h

You have been offered a contract to work as a consultant. The company will pay you $6416 per month. You will complete the work in 6 years. Your required return is 6.64%, what is this contract worth today?

Answer to a math question You have been offered a contract to work as a consultant. The company will pay you $6416 per month. You will complete the work in 6 years. Your required return is 6.64%, what is this contract worth today?

You might be interested in