I need this with an explanation - StudentOfFortune.com

Question

Asked by:

babyvivienne
Rating : No Rating
Questions Asked: 4
Tutorials Posted: 0

$4.00 I need this with an explanation

From Business: Finance
Closed, but you can still post tutorials
Due on Jun. 06, 2009
Asked on Jun 06, 2009 at 9:30:56PM

Q:
Post your response to the following: Use the following scenario to answer Discussion Question 2. Jean will receive $8,500 per year for the next 15 years from her trust. If a 7% interest rate is applied, what is the current value of the future payments? Describe how you solved this problem, including which table (for example, present value and future value) was used and why.

Attachments:

Available Tutorials to this Question

Posted by:

amc47421
Rating (521): A+
Questions Asked: 0
Tutorials Posted: 2042, earned $11,949.75

$4.00 Answer with full explanation of how to get there

This tutorial was purchased 4 times and hasn't been rated yet.
Posted on Jun 06, 2009 at 9:38:00PM

A:
Preview: ... is the current value of the future payments? <br><br>By looking at the Current Value table, ...

The full tutorial is about 79 words long plus additional clarification.

Posted by:

Aks21
Rating (351): B-
Questions Asked: 6
Tutorials Posted: 1063, earned $16,606.80

$3.50 A+ grade complete Solution...100% Verified answers ELSE MONEY BACK....

This tutorial was purchased 15 times and rated A+ by students like you.
Posted on Jun 06, 2009 at 9:43:28PM

A:
Preview: ... er trust. If a 7% interest rate is applied, what is the current value of the future payments? Describe how you solved this problem, including which table (for example, p ...

The full tutorial is about 140 words long .

Posted by:

Neo
Rating (507): A+
Questions Asked: 0
Tutorials Posted: 1048, earned $22,234.85

$3.00 Straight to the Point Answer

This tutorial was purchased 12 times and rated A+ by students like you.
Posted on Jul 22, 2009 at 7:37:55PM

A:
Preview: ... is we will be using the present value of annuity of $1 table.<br><br>PV = $8,500 x ...

The full tutorial is about 64 words long .