Problem 9-3 What is the present value of $1,552.90 due in 10 years at (1) a...
Problem 9-3 What is the present value of $1,552.90 due in 10 years at (1) a 12 percent discount rate and (2) a 6 percent rate?
Homework Answers
1) Present value @12% Discount rate
PV = FV × PVif(i,n)
PV = $1,552.90 × PVif ( 12%, 10)
PV = $1,552.90 × 0.32197
PV = $499.99
2) Present value @6% Discount rate
PV = FV × PVif(i,n)
PV = $1,552.90 × PVif ( 6%, 10)
PV = $1,552.90 × 0.5584
PV = $867.13
Add Answer to:
Problem 9-3 What is the present value of $1,552.90 due in 10
years at (1) a...
6–30. (Calculating the present value of an annuity due) What will be the present value of...
6–30. (Calculating the present value of an annuity due) What will be the present value of an annuity due of £800 a year for 12 years, discounted back to the present at an annual rate of 5 percent? What will be the present value of this annuity if the discount rate is 8 percent?
1. What is the Present Value of a $1,000 payment due in 10 years with a...
1. What is the Present Value of a $1,000 payment due in 10 years with a stated annual rate of return of 8%? 2. What is the Future Value of $1,000 in 6 years, assuming an annual rate of return of 5%? Help: FV = PV (1 + i)^n PV = FV x 1/(1 + i) n
What is the present value of $1,250 due in 10 years at a 8% discount rate?
What is the present value of $1,250 due in 10 years at a 8% discount rate?
(Present value of annuity payments) The state lottery's million-dollar payout provides for $1 million to be...
(Present value of annuity payments) The state lottery's million-dollar payout provides for $1 million to be paid in 20 installments of $50,000 per payment. The first $50,000 payment is made immediately, and the 19 remaining $50,000 payments occur at the end of each of the next 19 years. If 6 percent is the discount rate, what is the present value of this stream of cash flows? If 12 percent is the discount rate, what is the present value of the...
What is the present value of $90,000 due 7 years from now, discounted at 9%? (For...
What is the present value of $90,000 due 7 years from now, discounted at 9%? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75.) Present value $ What is the present value of $150,000 due 5 years from now, discounted at 12%? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75.) Present value $
1-what is the present value of 40000 at the end of each year for the next...
1-what is the present value of 40000 at the end of each year
for the next 9 years if the discount rate is 11 percent?
2-what is the pv of 100000 at the end of year 9 if discount is
11%
3-whats is the present value of this contract
Question Help res (Present value of a complex stream) Don Draper has signed a contract that will pay him $40,000 at the end of each year for the next 9 years,...
What is the present value of a 9 mil notes payable due in 4 years at...
What is the present value of a 9 mil notes payable due in 4 years at 12% interest payable annually?
what is the present value of 4300 per year at discount of 10%if first payment is...
what is the present value of 4300 per year at discount
of 10%if first payment is received in 6 years from now and the last
payment is received 20 years from now
4 Problem Set i Saved 2 What is the present value of $4,300 per year at a discount rate of 10 percent if the first payment is received 6 years from now and the last payment is received 20 years from now? (Do not round intermediate calculations and...
Find the Present Value of $2000 due in 10 years if the discount rate is 15%...
Find the Present Value of $2000 due in 10 years if the discount rate is 15% per year Inputs: NPER RATE PMT PV ?? FV ** negative # TYPE
Problem 5-12 Present Value of an Annuity Due (LG5-6) If the present value of an ordinary,...
Problem 5-12 Present Value of an Annuity Due (LG5-6) If the present value of an ordinary, 8-year annuity is $8,900 and interest rates are 10.0 percent, what's the present value of the same annuity due? (Round your answer to 2 decimal places.) Present value
6–30. (Calculating the present value of an annuity due) What will be the present value of an annuity due of £800 a year for 12 years, discounted back to the present at an annual rate of 5 percent? What will be the present value of this annuity if the discount rate is 8 percent?
1. What is the Present Value of a $1,000 payment due in 10 years with a stated annual rate of return of 8%? 2. What is the Future Value of $1,000 in 6 years, assuming an annual rate of return of 5%? Help: FV = PV (1 + i)^n PV = FV x 1/(1 + i) n
1-what is the present value of 40000 at the end of each year
for the next 9 years if the discount rate is 11 percent?
2-what is the pv of 100000 at the end of year 9 if discount is
11%
3-whats is the present value of this contract
Question Help res (Present value of a complex stream) Don Draper has signed a contract that will pay him $40,000 at the end of each year for the next 9 years,...
what is the present value of 4300 per year at discount
of 10%if first payment is received in 6 years from now and the last
payment is received 20 years from now
4 Problem Set i Saved 2 What is the present value of $4,300 per year at a discount rate of 10 percent if the first payment is received 6 years from now and the last payment is received 20 years from now? (Do not round intermediate calculations and...
Problem 5-12 Present Value of an Annuity Due (LG5-6) If the present value of an ordinary, 8-year annuity is $8,900 and interest rates are 10.0 percent, what's the present value of the same annuity due? (Round your answer to 2 decimal places.) Present value
Most questions answered within 3 hours.
-
Two concentric current loops lie in the same plane. The smaller
loop has a radius of...
asked 23 minutes ago -
1)Which of the following is an
important difference between qualified and nonqualified retirement
plans?
a. Qualified...
asked 35 minutes ago -
What's the streaming business's problem on the
horizon?
asked 1 hour ago -
I need help with writing the conclusion for this online lab
report
Abstract
By testing the...
asked 1 hour ago -
For the reaction 1N2+3H2-----> 2NH3, would the reaction rate
trend be: delta[NH3]/ delta t = -2...
asked 2 hours ago -
Within your current/past organization, identify a problem/issue
and format a design to address same. You may...
asked 2 hours ago -
A sock stuck to the side of a clothes-dryer barrel has a
centripetal acceleration of 24...
asked 3 hours ago -
A perfect gas undergoes an isentropic process such that its
volume doubles. If the ratio of...
asked 3 hours ago -
list the elements in groups 3A to 6A in the same order as in the
periodic...
asked 3 hours ago -
Estimating effect size. Peng and Chen (2014)
evaluated effect size estimates for various tests. In their...
asked 3 hours ago -
Write a script in MySQL that creates and calls a stored
procedure name test. This procedure...
asked 3 hours ago -
If we test the following: H0: μ = 17
vs. H1: μ ≠ 17 and the...
asked 3 hours ago