Q: 68) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years?
A. 7%
B. 6%
C. 8%
D. 5%

A: A=P(1+r)^n 716.40=400(1+r)^10 r=.06 $400 must be invested at a rate of 6% compounded annually for it to grow to $716.40 in ten years. The answer is A. 6%

68) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years? A. 7% B. 6% C. 8% D. 5%

Original conversation

User: 68) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years?
A. 7%
B. 6%
C. 8%
D. 5%

Weegy: A=P(1+r)^n 716.40=400(1+r)^10 r=.06

$400 must be invested at a rate of 6% compounded annually for it to grow to $716.40 in ten years. The answer is A. 6%

User: 69) Suppose you determine that the NPV of a project is $1,525,855. What does that mean?
A. Under all conditions, the project’s payback would be less than the profitability index.
B. In all cases, investing in this project would be better than investing in a project that has an NPV of $850,000.
C. The project’s IRR would have to be less that the firm’s discount rate.
D. The project would add value to the firm.

Weegy: C. In all cases, investing in this project would be better than investing in a project that has an NPV of $850,000 bernanrd98|Points 80|

User: 70) Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors’ required rate of return on this stock is 15%, what is the value of per share?
A. $16.67
B. $37.50
C. $6.00
D. $15.00

Weegy: Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors? required rate of return on this stock is 15%, what is the value of per share?
B. [ $16.67 ] selymi|Points 9906|

User: 71) A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answerwer to the nearest $10.)
A. $900
B. $490
C. -$150
D. $570

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