Given an annual opportunity cost of 10%, what is the future value of a $1,000 ordinary annuity for 1 year?
Thirty years ago, Joo bought 10 acres of land for $1,000 per acre in what is now downtown Houston. If this land grew in value at an annual interest rate of 8%, what is it worth today?
Please Show Work In Excel
Given an annual opportunity cost of 10%, what is the future value of a $1,000 ordinary...
What is the future value of an 8 year ordinary annuity with an annual payment of $600 if the interest rate is 13.5%? What is the present value of a 17 year ordinary annuity with an annual payment of $216,000 if the opportunity cost rate is 15.2%? An ordinary annuity pays $16,375 per year for 9 years. If you pay $100,000 for this annuity now, what rate of return (interest rate) will you earn? A 22 year...
(a) What are the relationships of the present value and future value calculation of ordinary annuity and annuity due? (b) Suppose you would like to buy a car using a loan that requires an annual payment of $1,000 for 20 years at the end of each year. If the annual interest rate is 3%, what are the present value of this car? What is the Excel function used for this calculation? What would the present value be if the loan...
what is the future value of a 3 - year, $200 ordinary annuity
if the annual interest rate is 4%? please draw the time line and
list the inputs of your financial calculator.
F. (1) What is the future value of a 3-year, $200 ordinary annuity if the annual interest rate is 4%? Please draw the time line and list the inputs of your financial calculator.(3 points)
7. What is the future value of a 25-year ordinary annuity with annual payments of $6,000, evaluated at a 10 percent interest rate? (Annuity, saving for your retirement)
3. What is the future value of a 25-year ordinary annuity with annual payments of $6,000, evaluated at a 10 percent interest rate? (Annuity, saving for your retirement)
What is the future value of a 15-year ordinary annuity with annual payments of $2,000 if the annual interest rate is 14%? (Choose the closest value)
f. 1. What is the future value of a 3-year, $100 ordinary annuity if the annual interest rate is 4%? 2. What is its present value? 3. What would the future and present values be if it was an annuity due?
a) What is the future value of a 5-year ordinary annuity with annual payments of $273, evaluated at a 7 percent interest rate? (Do not include the dollar sign ($), and round your answer to 2 decimal places: for example, 536.34) b) What is the present value of a 8-year ordinary annuity with annual payments of $584, evaluated at a 8 percent interest rate? Round your answer to 2 decimal places; for example 2345.25.
7. What is the future value of a 25-year ordinary annuity with annu $6,000, evaluated at a 10 percent interest rate? (Annuity, saving for your ordinary annuity with annual payments of rate? (Annuity, saving for your retirement)
7. What is the future value of a 25-year ordinary annuity with annual payments of $6,000, evaluated at a 10 percent interest rate? (Annuity, saving for your retirement) 8. Prepare the loan amortization schedule ($15) You borrow $1,000, and the loan is to be repaid in three equal payments at the end of cach of the next three years. The lender charges a 6 percent interest rate on the loan balance that is outstanding at the beginning of each year....