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)

How many ways can you arrange the letters in the word "CAT" without repetition?

Math question: How can the logarithmic property of product be applied to find the value of log(base b) a + log(base b) c, given log(base b) a = x and log(base b) c = y?

What is the sum of 65 and 128?

New questions in Mathematics

1 + 1

Solution of the equation y'' - y' -6y = 0

given cos26=k find cos13

8x-(5-x)

A normally distributed population has a mean of 118 with a standard deviation of 18. What score separates the lowest 72% of the distribution from the rest of the scores?

two pails of different sizes contain 34.5 litres of water altogether When 0.68 litre of water is poured from the bigger pail into the smaller pail the amount of water in the bigger pail is 9 times that in the smaller pail. How much water was in the smaller pail at first?

math question a bookstore announces a promotion valid for the same purchase as follows: buy a book and get 10% off the total purchase! buy two books and get 20% off your total purchase! buy three or more books and get 30% off your total purchase! Marcelo wanted to buy three books that cost 20.00 each without discount but he decided to buy two books in one day and another purchase with the third book the next day. If he had bought the three books at once he would have saved the following amount.

(2b) to the 1/4th power. Write the expression in radical form.

Credit title that represents a payment order. This model, which emerged in Brazil, can only be issued in two specific situations: in the purchase and sale of commercial products or in the provision of services. Select the correct alternative: Question 6Answer The. Present value B. Promissory note w. Present value d. Duplicate It is. Bill of exchange

The cost of unleaded gasoline in the Bay Area once followed an unknown distribution with a mean of $4.59 and a standard deviation of $0.10. Sixteen gas stations from the Bay Area are randomly chosen. We are interested in the average cost of gasoline for the 16 gas stations. 84. Find the probability that the average price for 30 gas stations is less than $4.55. a 0.6554 b 0.3446 c 0.0142 d 0.9858 e 0

3. A rock is dropped from a height of 16 ft. It is determined that its height (in feet) above ground t seconds later (for 0≤t≤3) is given by s(t)=-2t2 + 16. Find the average velocity of the rock over [0.2,0.21] time interval.

3.24 ÷ 82

Using the bank and exact method, calculate the interest on capital 10000 at 12% annual nominal interest rate for the period from 15.3. 2016 until 10/10/2016

Buffalo Company makes and sells shampoo. Each unit requires $1.40 labor costs, material costs per unit are $0.90 and other variable costs are $0.30. It sells shampoo for $4.45 to retailers. Fixed costs are $15,000. It sold 25,000 units in the current month. What is the Break-Even point in units? What is the Break-Even point in dollars? What is the contribution margin of Buffalo Company?

A hardware bill totals $857.63 with discounts of 5% and 3%. What is the net cost of the Material ?

Two particles of electrical charges Q1=3.8×10-⁶C and q,=4.4×10-⁶C are separated in vacuum by a distance of 4.0.10-⁸ m. Since K=9.0.10⁹ N.m²/C², the intensity of the interaction force between them, in newtons, is?

Calculate the area of the parallelogram with adjacent vertices (1,4, −2), (−3,1,6) 𝑦 (1, −2,3)

Calculate the pH of a solution obtained by mixing 100ml of 0.2M HCl with 100ml of 0.1M NaOH

Marc, Jean and Michelle have traveled a lot. Marc drove twice as much as Jean, but it was Michelle who drove the most with 100km more than Marc. They respected their objective of not exceeding 1350km of distance. How far did John drive?

draw the condensed formula fpr 3,3,4 triethylnonane

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