Math Problem Statement
50,000 (1/(1.04)^11)
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Present Value
Exponential Decay
Interest Rates
Formulas
Present Value = Future Value / (1 + Interest Rate)^Time
Theorems
Present Value Theorem
Suitable Grade Level
Grades 10-12
Related Recommendation
Present Value of $50,000 Investment with 8% Annual Interest
Present Value Calculation of $50,000 Investment at 2% Interest Over 16 Months
Present Value Calculation of $50,000 at 5% Interest Compounded Daily Over 4 Years
Annuity Fund Growth: $50,000 Contribution at 4.5% Interest Over 20 Years
Compound Interest: How Much to Invest Now for $75,000 in 18 Years at 3.55% Interest