2. For each of the following, compute the Present Value. Show your work. Present Value Years...
You have just been notified that you have won the $2 million lottery! The prize will be awarded on your 100th birthday which is 80 years from now. If the current discount rate is 5%, what is the present value of your windfall? Show your work.
3. You have just been notified that you have won the $2 million lottery! The prize will be awarded on your 100" birthday which is 80 years from now. If the current discount rate is 5%, what is the present value of your windfall? Show your work. 4. Your grandfather left you his coin collection in his will. It contains sixty 1952 silver dollars. Assuming your grandfather purchased them at face value ($1 each) when they were new, how much...
2. For each of the following, compute the Present Value. Show your work. Present Value Years Interest Rate Future Value 13 10% 15,500 4 8% 51,555 29 24% 886,072 40 35% 550,165
You have just received notification that you have won the $2 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 80 years from now. points What is the present value of your windfall if the appropriate discount rate is BA percent? (Do not found Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) eBook Present value Print References
Problem 5.11 Calculating Present Values (LO2 You have just received notification that you have won the $1 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 71 years from now. What is the present value of your windfall if the appropriate discount rate is 9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Present value
1. For each of the following, compute the Future Value. Show your work. Present Value Years Interest Rate Future Value 2,175 12 13% 6,850 7 10% 81,350 14 12% 195,050 10 8% 2. For each of the following compute the Present Value. Show your work % 2. For each of the following, compute the Present Value. Show your work Present Value Years Interest Rate Future Value 13 10% 15,500 4 8% 51,555 29 24% 886,072 40 35% 550.165 CEO DOO
Solve using excel commands/formula
A1 You have just received notification that you have won the $1 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 80 years from now. What is the present value of your windfall if the appropriate discount rate is 9 percent? 1,000,000 80 Future value Years Interest rate 9% 10 Complete the following analysis. Do not hard code values in your answers. Your...
You have just received notification that you have won the $2 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you’re around to collect), 67 years from now. What is the present value of your windfall if the appropriate discount rate is 9 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
You have just received notification that you have won the $1 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you’re around to collect), 71 years from now. What is the present value of your windfall if the appropriate discount rate is 9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
You have just received notification that you have won the $3 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 61 years from now. What is the present value of your windfall if the appropriate discount rate is 6 percent? Multiple Choice $172,252.68 O $78,931.67 o $87,511.20 o $85,795.30 o o $84,079.39