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    finance flower's Avatar
    finance flower Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 8, 2008, 01:12 AM
    time value
    jim nance has been offered afuture payment of500$ three years from today.if his opportunity cost is7% compounded annually,what value should he place on this opportunity today?what is the most he should pay to purchase this payment today?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #2

    Nov 8, 2008, 03:53 AM

    Hi, finance flower!

    If you're wanting us to do your homework for you here, that's not going to happen. If we answered the homework questions for you, would you really be learning how to do them?

    If you post answers and how you arrived at those answers for others to take a look at as to their being correct or not, that would be fair.

    If you did that, someone just might come along who would be willing to discuss with you as to how to come up with the correct answers.

    For more information as to the expectations of people wanting help with homework, please click on the following link.

    Ask Me Help Desk - Announcements in Forum : Homework Help

    Thanks!
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
    Senior Member
    		  
    #3

    Nov 12, 2008, 10:42 PM
    Get a TI-BA2 Plus calculator and have someone show you how to use it. Or come back here and I will tell you how to do that and many more questions like it with the calculator. You can also use monk tables but what is this the 1800's?
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