What is the present value of $ 10 comma 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? c. 6 years from today when the interest rate is 2 % per year?
a. Present value = $10,000 / (1.04)12 = $6,245.97
b. Present value = $10,000 / (1.08)20 = $2,145.48
c. Present value = $10,000 / (1.02)6 = $8,879.71
What is the present value of $ 10 comma 000 received a. 12 years from today...
What is the present value of $ 7 comma 000 received a. 14 years from today when the interest rate is 4 % per year? b. 28 years from today when the interest rate is 8 % per year? c. 7 years from today when the interest rate is 2 % per year?
What is the present value of $ 7 comma 000$7,000 received: a. TwentyTwenty years from today when the interest rate is 4 %4% per year? b. TenTen years from today when the interest rate is 4 %4% per year? c. FiveFive years from today when the interest rate is 4 %4% per year?
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.
What is the present value (PV) of $ 300, 000 received six years from now, assuming the interest rate is 8% per year? A. $ 189,051 B. $ 180, 000 C. $ 236,314 D. $ 330, 839
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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
22. Calculate the present value of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b. 8 percent compounded annually c. 10 percent compounded annually d. 10 percent compounded semiannually e. 10 percent compounded quarterly What do your answers to these questions tell you about the relation between present values and interest rates and between present values and the number of compounding periods per year? (LG 2-9) 23. Calculate the future value in five years of $5,000 received today if your...
2) What is the present value of $12.500 to be received 10 years from today? Assume a discount rate of 8% compounded annually and round to the nearest $10 3) You just purchased a parcel of land for $10,000. If you expect a 12% annual rate of retum on your investment, how much will you sell the land for in 10 years? 12.51 4) If you want to have $875 in 2.67 years, how much money must you put in...
1. Calculate the present value of $7,000 to be received in 6 years from today if the annual discount rate is 5%. B) Calculate the future value of $5,500 in 5 years from today if the annual interest rate is 6%.