Log in

View Full Version : Finance problem solver


scorpio06
Sep 20, 2010, 05:15 AM
Sarah is thinking about purchasing an investment from HiBond investing. If she buys the investment, sarah will receive $100 every three months for five years.The first $100 payment will be made as soon as she purchases the investment.If sarah's required rate of return is 16 percent, to the nearest dollar, how much should she be willing to pay for this investment

morgaine300
Sep 21, 2010, 12:07 AM
Please see the guidelines for posting homework problems:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

morgaine300
Sep 21, 2010, 12:57 AM
You can always read this thread to get some insight on these types of problems, but you also still need to make an attempt on your own to solve it first:
https://www.askmehelpdesk.com/finance/help-finance-questions-509163.html