Question

What is the future value of $8,650 at the end of 7 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The future value $

Click here to view factor tables What is the present value of $8,650 due 8 periods hence, discounted at 6%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The present value $

Click here to view factor tables What is the future value of 17 periodic payments of $8,650 each made at the end of each period and compounded at 10%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The future value $

Click here to view factor tables What is the present value of $8,650 to be received at the end of each of 18 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The present value $ Marin Company recently signed a lease for a new office building, for a lease period of 10 years. Under the lease agreement, a security deposit of $14,720 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 5% per year. Click here to view factor tables What amount will the company receive at the time the lease expires? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The company will receive $ Headland Corporation, having recently issued a $20,062,200, 15-year bond issue, is committed to make annual sinking fund deposits of $620,000. The deposits are made on the last day of each year and yield a return of 10%. Click here to view factor tables Will the fund at the end of 15 years be sufficient to retire the bonds? Future value of an ordinary annuity $ Will funds be sufficient? Headland Corporation, having recently issued a $20,062,200, 15-year bond issue, is committed to make annual sinking fund deposits of $620,000. The deposits are made on the last day of each year and yield a return of 10%. Click here to view factor tables Determine the amount of deficiency. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Deficiency? Under the terms of his salary agreement, president Henry Walters has an option of receiving either an immediate bonus of $77,000, or a deferred bonus of $98,000 payable in 10 years. Click here to view factor tables Ignoring tax considerations and assuming a relevant interest rate of 4%, which form of settlement should Walters accept? Present value of deferred bonus $ What is the amount of the payments that Alan Winslow must make at the end of each of 9 years to accumulate a fund of $96,300 by the end of the 9th year, if the fund earns 9% interest, compounded annually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Payment at the end of each year $ Adams Hitchcock is 40 years old today and he wishes to accumulate $541,000 by his 64th birthday so he can retire to his summer place on Lake Hopatcong. He wishes to accumulate this amount by making equal deposits on his 40th through his 63th birthdays. What annual deposit must Adams make if the fund will earn 12% interest compounded annually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Annual deposit $ Carla Ross has $20,300 to invest today at 10% to pay a debt of $52,653. How many years will it take her to accumulate enough to liquidate the debt? (Round answer to 0 decimal places, e.g. 45.) years? Pearl Houston has a $24,800 debt that she wishes to repay 3 years from today; she has $18,633 that she intends to invest for the 3 years. What rate of interest will she need to earn annually in order to accumulate enough to pay the debt? (Round answer to 0 decimal places, e.g. 7%.) Rate of interest?

Answer 1

B4 X fa present value as per HomeworkLib policy, I'm obliged to answer first 4 parts. Kindly ask remaining parts in a seperate question. present value table factor the future value $ 8,650 1.71382 $ 14,825 future value table factor the present value $ 8,650 0.62741 $ 5,427 annual payment table factor the future value $ 8,650 40.54470 $ 350,712 annual payment table factor the present value $ 8,650 11.68959 $ 101,115

for formulas and calculations, refer to the image below -

X f present value B as per HomeworkLib policy, I'm obliged to answer first 4 parts. Kindly ask remaining parts in a seperate question. present value 18650 table factor =ROUND(-FV(8%,7,0,1),5) the future value =ROUND(C4*C5,0) future value 8650 table factor =ROUND(-PV(6%,8,0,1),5) the present value =ROUND(C9*c10,0) annual payment 8650 table factor =ROUND(-FV(10%,17,1),5) the future value =ROUND(C14*C15,0) annual payment 8650 table factor =ROUND(-PV(5%,18,1),5) the present value =ROUND(C19*C20,0)

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