If the interest rate is 6%, the present value of S800 to be received 5 years...
E Question Help resent value of $800 to be received 5 years from today is s (Round your response to the nearest two decimal place) u receive an insurance settlement of $6500 per year for the next three years. The first payment is to be received today. The second and the third payment two years from today. If the interest rate is 4%, the present value of the insurance settlement is You are in a car accident, and yo S(Round...
Present Discounted Value is based on the notion that a dollar paid in the future is less valuable than a dollar paid today The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 2% is (Round your response to the nearest two decimal place) If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 3% interest...
This C 3 of 6 (2 complete) IS Question: 1 pt Calculate the present value of a $1,300 discount bond with 7 years to maturity if the yield to maturity is 5%. The present value is S (Round your response to two decimal places) This Question: 1 pt 4 of 6 (2 complete) What is the yield to maturity (YTM) on a simple loan for $1,000 that requires a repayment of $3,000 in five years' time? The yield to maturity...
If the interest rate is 6 percent, then the present value of $5,000 received ten years from today is $2,583.34. a. True b. False
Determine the present value of $310,000 to be received in three years, using an interest rate of 5.5%, compounded annually. Use the present value table in Exhibit 8. Round to the nearest whole dollar. Determine the present value of $220,000 to be received at the end of each of four years, using an interest rate of 6%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 4. Round to the nearest whole dollar. First...
The present value of $13,000 received seven years from today, assuming an interest rate of 5% compounded annually is: A) 9,238.85 B) 17,550.00 C) 18,292.30 D) 19,500.00
What is the present value of a $500 perpetuity if the interest rate is 6%? If interest rates doubled to 12%, what would its present value be? Round your answers to the nearest cent. Present value at 6%: $ Present value at 12%: $ You borrow $85,000; the annual loan payments are $11,339.91 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number. You have saved $5,000 for a down payment on...
The present value of a loan in which $3000 is to be paid out a year from today with the interest rate equal to 22% is _________? (Round your response to the neareast two decimal place) If a loan is paid after two years, and the amount $5000 is to be paid then with a corresponding 22% interest rate, the present value of the loan is ______? (Round your response to the neareast two decimal place) ______________ is based on...
What is the present value of $ 40,563 to be received exactly 31 years from today if the interest rate is 13 % p.a.? Round your answer to two decimal places and record without a dollar sign and without a comma. Your Answer: Answer
What is the present value of $10,000 received a, 12 years from today when the interest rate is 4% per year? b, 20 years from today when the interest rate is 8% per year? 4. c, 6 years from today when the interest rate is 2% C.