Question

Determine the combined present value as of December 31, 2018, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.) Payment $10,000 10,500 12,000 14,500 Year Received 2019 2020 2022 2024 ear Received 2019 2020 2022 2024 in-PaymentPresent Value 8% 8% 8% 8% $ 10,000 10,500 12,000 14,500 Total

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Payment Year Received Year Pending Rate of Interest Discounting factor PV 2019 2020 2022 2024 ALI) 10,500 0.939,25926 89 80%

Hi mate I have computed the PV of the of the payment

Add a comment
Know the answer?
Add Answer to:
Determine the combined present value as of December 31, 2018, of the following four payments to...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Determine the combined present value as of December 31, 2021, of the following four payments to...

    Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Payment $ 7,000 7,800 9,600 11,200 Year Received 2022 2023 2025...

  • Determine the combined present value as of December 31, 2021, of the following four payments to...

    Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Year Received i = n = Payment Present Value 2022 8%...

  • Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end...

    Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Year Payment Received $5,500 6,450 8,400 9,550 2022 2023 2025 2027...

  • Using the appropriate present value table and assuming a 12% annual interest rate, determine the present...

    Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2021, of a five-period annual annuity of $5,900 under each of the following situations: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) The first payment is received on December 31, 2022, and interest is compounded annually. The first payment is received on...

  • Determine the future value of the following single amounts (FV of $1, PV of $1, FVA...

    Determine the future value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.): n = Future Value Invested Amount 10,500 13,000 26,000 $ 46,000 i = 5% 8% 11% 6% 15

  • Using the appropriate present value table and assuming a 12% annual interest rate, determine the present...

    Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2021, of a five-period annual annuity of $5,000 under each of the following situations: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. The first payment is received on December 31, 2022, and interest is compounded annually. table or calculator function- payment-...

  • Lowlife Company defaulted on a $180,000 loan that was due on December 31, 2018. The bank...

    Lowlife Company defaulted on a $180,000 loan that was due on December 31, 2018. The bank has agreed to allow Lowlife to repay the $180,000 by making a series of equal annual payments beginning on December 31, 2019. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the required annual payment if the bank’s interest rate is 10% and four...

  • Determine the future value of the following single amounts (FV of $1, PV of $1, FVA...

    Determine the future value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.):    Invested Amount i = n = Future Value 1. $10,500 5% 12 2. $13,000 8% 10 3. $26,000 11% 15 4. $46,000 6% 9   

  • Determine the present value of the following single amounts (FV of $1, PV of $1, FVA...

    Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.): Future Amount i = n = Present Value 1. $23,000 4% 15 2. $17,000 8% 12 3. $28,000 12% 24 4. $43,000 10% 8

  • Determine the present value of the following single amounts (FV of $1, PV of $1, FVA...

    Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.): Present Value Future Amount 29,000 23,000 $ 34,000 49,000 i = 8% 9% 12% 11% n = 15 18 - 24 - 14 3.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT