supposed S= 9 + 9/1.07 + 9/1.07^2 + ...+ 9/1.07^961, Find Value of S. (please break down in step by step)

### Want to see the full answer?

Check out a sample Q&A here*star_border*

## Related Finance Q&A

Find answers to questions asked by students like you.

Q: Compute the value for Y and enter the answer below: Y=5²+|-12|+6-SQRT(15)

A: Y = 52+(-12)+6-SQRT(15)

Q: Suppose the following formula is inputted into Excel: =MROUND(1/4,100) The output in the cell will…

A: Mround gives the number rounded off to a particular multiple.

Q: (a) If qA = 4 and q8 = 4, the corresponding value of c is (Simplify your answer.)

A: The value of C can be obtained by substituting the figures: c + c = 90 + qA9+qB2c + c = 90 + 49 +…

Q: What do you understand by TVM principle? Differentiate between commands of PV, PMT & FV in excel &…

A: TVM principle simply means that a person will not get satisfied with the same amount in the future…

Q: Given a function described as the equation y = 4x-4, what is y when x is 1,2, and 3? A 0,6,12 B.…

A: y = 4x - 4 When x = 1 y = (4 * 1) - 4 y = 4 - 4 y = 0

Q: Using the data to determine the EOQ. Only for non-integer results, round your answer UP to the…

A: EOQ = √2DS/H D= Annual Demand S= Order Cost H = Holding Cost Demand = 12,000 × $35,000 =…

Q: If i = 296, the value of X in the following balanced CFD is nearest to: 300 300 300 200 200 100 100…

A: Given: i=2% n=7

Q: How 0.0851 get in the solution given for r?

A: Present value is the current worth of any future cashflow discounted at a required rate.

Q: 3. Find the margin of error for the given values of c, s, and n. c=0.99, s=5, n=22 The margin…

A: Margin of error shows the quantum of random sampling error which is calculated by statistics in the…

*question_answer*

Q: In the equation, PV = P1,000 x (1+ 1.06)-5, the (1+.06)-5 can otherwise be presented as %3D

A: When the company is considering the present value or future value for an amount then, it would be…

*question_answer*

Q: Solve for the missing value. In row A, what is the % Difference? Row Hormel Wolf Difference Diff…

A: As given in question: Use wolf Cref on the blue lines and Hormel as Cref on the red line. The row A…

*question_answer*

Q: If i = 296, the value of X in the following CFD is nearest to: 100 100 100 100 100 Selected Answer:…

A: IRR means internal rate of return which means that percentage where present value of cash inflow and…

*question_answer*

Q: For the diagram shown, the respective values of n1 and n2 for the following equation are: Po =…

A: Equation Po = 50(P/A,i,n1)(P/F,i,n2) Requirement: Value of n1 and n2

*question_answer*

Q: What is the result of inputting =IF(S>9,ok,error) into a cell? #NAME? ok 5. error

A: If function is used to validate a statement. And it gives an output according to the validation.

*question_answer*

Q: In(n) In(1+r)

A: The natural logarithm (ln) of a number is its logarithm to the base e, where e is euler's number…

*question_answer*

Q: ess? (Use the calculator pro smallest possible whote.nu

A: The time period to cross value below $900 can be calculated as follows : Calculations :

*question_answer*

Q: Given that Z is a standard normal variable, the value z for which P(Z < z)="0.2580" is=""…

A: The standard normal is a normal distribution in which the normal random variable has zero mean…

*question_answer*

Q: Calculate: m 1+ m

A: (1+r/m)m = (1+0.102/132)132 = 1.00077273132…

*question_answer*

Q: solve the following equation 17x+12y+14z = 24, 13x+14y-15z=28, 18x+15y-17z=-31

A: We have 17x+12y+14z = 24...........(1) 13x+14y-15z=28..............(2)…

*question_answer*

Q: a. Calculate the expected value of return, i, for the asset. - X Data Table (Click on the icon…

A: The expected value of the return is the value of return calculated by taking the different levels of…

*question_answer*

Q: nnas recelved estimat t announcement for tl

A: Given information : Year Cash flow A Cash flow B 0 1500000 2000000 1 315000 262500 2 330000…

*question_answer*

Q: Let A be a matrix with 5 rows and 2 columns. Which of the following operations are illegitimate? 1.…

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

*question_answer*

Q: sing the three variables, supply the arguments to be used first and then complete the th table.…

A: In case of (p v q ) and also for (p v r) for T and T Ans is T for T and F Ans is T for F and…

*question_answer*

Q: Q 01: (a) Assume D0 = Rs. 5.50, g is a -7%, and rs = 13%. Find the P^,? (b) Suppose g = 0 for t = 1…

A: Dividend Discounted Model (DDM) is a financial approach that helps in computing the price of the…

*question_answer*

Q: wer should be in two decimal only, i will auto

A: The given problem can be solved using RATE and FV function in excel. RATE function computes rate of…

*question_answer*

Q: =FV(i, N, 0, P) =PV(i, N, 0, F) =FV(i, N, A) =PMT(i, N, 0, F)

A: Calculate value of fees for 18 to 22 at 18 as below: Resultant Table: Hence, value of fees at 18…

*question_answer*

Q: Calculate: 1000/(1+r)n where r=0.069, and n=9

A: This is the formula for deriving the PV of the money invested in any security. Here r means the…

*question_answer*

Q: If the value of x = 5, the value of ‘y’ is

A: Least square method is forecasting method used to predict the future numbers for either sales,…

*question_answer*

Q: Use the formula for the amount, A = P(1+ rt), to find the indicated quantity. A= $962; P= $650; r=…

A: The formula is shown as follows:

*question_answer*

Q: State the purpose for each of the following six built-in spreadsheet functions. (a) PV(i%, n, A, F)…

A: a) In spreadsheet PV(i%,n, A, F) is used to determine the present value (PV) of an amount (F) or…

*question_answer*

Q: 1OOKS e a manager for C the following 1. High inv 2. Low iny O. OW

A: Inventory: Inventory is made up of three different types of items: raw materials, work-in-process,…

*question_answer*

Q: On the basis of the data provided at question 6, calculate your IRR based on BTCF. O a. 18.11% O b.…

A: LTV is referred to as Loan To Value which means the percentage of risks the lender can take to lend…

*question_answer*

Q: e unsold at the end of th zively. Compute for the M

A: Given: To compute the net income of the non-controlling interest with the values as,

*question_answer*

Q: On the basis of the data provided at question 6, calculate your IRR based on BTCF. O a. 18.11% O b.…

A: NOI stands for Net Operating Income, it is calculated on basis of revenue minus all operating…

*question_answer*

Q: Please help do this calculation step by step I have problems getting the final answer.

A: Calculating the value of weighted-average cost of capital (WACC). We have,WACC = (Weight of Equity x…

*question_answer*

Q: on (d) t- ntity (g cer repc

A: you have posted a question with multiple sub-parts, we will solve first three sub-parts for you. To…

*question_answer*

Q: 3. Write your answer to part (b) so that it takes the form of the geometric series: pdv = w,(1+ a +…

A: Labor income = $50,000 Rate of return = 2% per year Let wt be labor income in year t, so that…

*question_answer*

Q: For the data set 7 9 12 4 8 the mean is

A: Formula to be used: Mean = Sum of all data set / Total no. of data items

*question_answer*

Q: If a problem is saying 'do not use intermediate calculations' but is telling you to input the answer…

A: First the decimal value needs to be converted into decimal It can be converted to percentage by…

*question_answer*

Q: What is the WACC? Use the correct symbol and round to the nearest 0 decimal places

A: WACC (Weighted average cost of capital): It is the weighted cost of capital of the firm for raising…

*question_answer*

Q: Present and future value tables of $1 at 3% are presented below: FV $1 PV $1 FVA $1 PVA $1 FVAD $1…

A: Amount to be paid in each installment: = Total amount of loan to be repaid / PVA$1(3%, 12 periods)…

*question_answer*

Q: 0.01 is desired. The average interarn ed?

A: The right Option is 3

*question_answer*

Q: Can you break down the steps more after log55n = 125? 5n = 125 Take log5 of both sides log55n = 125…

A: The logarithm (log) function is widely used in solving problems in financial mathematics. The…

*question_answer*

Q: Calculate to present value of t

A: Time value of money (TVM) means that the amount of money received in the present period will have…

*question_answer*

Q: Please calculate the NOI

A: NOI is the Net Operating Income is used to analyse the profitability of real estate investments. It…

*question_answer*

Q: ) C0//mp//ute the General l3dger

A: Sales account includes all the sales made either on cash or credit basis. It is prepared as ;…

*question_answer*

Q: Use the compound interest formula A=P(1+r)^t and the given information to solve for r.…

A: We need to use compound interest formula to sove this problem A=P(1+r)t Where P=principal r=rate of…

*question_answer*

Q: What is the EOQ for this component? b. What is the reorder point? c. What is the cycle time?

A: I am answering the first three sub-parts of the question as per bartleby policies. Please re-submit…

*question_answer*

Q: Find the missing value, Show your solution. Simple interest 1. P = $ 1,520; i = 3 ½ % ; N = 2 yrs.…

A: Solution 1: Interest = P*I*N = $1,520 * 3.5%*2 = $106.40

*question_answer*

Q: Instructions Identifv each statement as true or folse If folse indicate ho w to correct the…

A: There are some statement for which we have to identify whether the statement is true or false.

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_back_ios*

- SEE MORE QUESTIONS

*arrow_forward_ios*