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23. What is the future...
How much will you have on your account in 12 years if you deposit $1,000 payments...
How much will you have on your account in 12 years if you deposit $1,000 payments at the end of each year for the next 10 years? Assume an interest rate of 5.625%. A) 12259.63 12949.23 13679.45 14679.44 E) 14782.15 F) 14448.92
1. Calculate the future value of a 23-year annuity with payments of $9,000 each year and...
1. Calculate the future value of a 23-year annuity with payments of $9,000 each year and an interest rate of 9% compounded annually. Round your answer to the nearest cent. 2. An annuity consists of quarterly payments of $1,500 each for 10 years at an interest rate of 6% compounded quarterly. Compute the future value of the annuity. Round your answer to the nearest cent. 3. Calculate the amount of each monthly payment in a 1-year annuity that has a...
7. What is the future value of a 25-year ordinary annuity with annual payments of $6,000,...
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....
Can someone please help me with this one? i have no idea my answer is incorrect.thank...
Can someone please help me
with this one? i have no idea my answer is incorrect.thank you so
much
plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years' back pay. The plaintiff's annual salary for the last two years would have been $35,000 and...
16) What is the present value of $1,500 payments received at the beginning of each year...
16) What is the present value of $1,500 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 6.525%. A) $978.75 B) $11,473.43 C) $10,770.64 D) $15,000.00
The future value of a $10,000 annuity deposited at 12 percent compounded annually for each of...
The future value of a $10,000 annuity deposited at 12 percent compounded annually for each of next 5 years is: (Round to the nearest whole dollar) A. $40,376 B. $63,528 C. $71,154 D. $36,050 The future value of an ordinary annuity of $1,000 each year for 10 years, deposited at 3 percent, is: (Round to the nearest whole dollar) A. $8,530 B. $11,464 C. $11,808 D. $10,000 Peter will receive $1,200 at the beginning of each of the next...
What is the present value of $800 payments received at the beginning of each year for...
What is the present value of $800 payments received at the beginning of each year for the next 7 years? Assume an interest rate of 10% APR.
Can you show me steps on how to solve this, please? Thank you! 3· value: 2.27...
Can you show me steps on how
to solve this, please? Thank you!
3· value: 2.27 points Media Bias Inc. issued bonds 10 years ago at $1,000 per bond. These bonds had a 30- year life when issued and the annual interest payment was then 13 percent. This return was in line with the required returns by bondholders at that point in time as described below: Real rate of return Inflation premium Risk premium 4% 4 13% Total return Assume...
7. Use the present value formula or the future value table to determine the rate of...
7. Use the present value formula or the future value table to determine the rate of return for each of the specified investments. A. Assume an investment of$30,000 today is expected to mature in ten years with a value of $59,010. What is the annual rate of return (r) that will be earned on this investment? B. Assume a business is considering an investment of $20,000 that will grow to $36,000 in eight years. The business requires a 7 percent...
How much will you have on your account in 12 years if you deposit $1,000 payments at the end of each year for the next 10 years? Assume an interest rate of 5.625%. A) 12259.63 12949.23 13679.45 14679.44 E) 14782.15 F) 14448.92
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....
Can someone please help me
with this one? i have no idea my answer is incorrect.thank you so
much
plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years' back pay. The plaintiff's annual salary for the last two years would have been $35,000 and...
16) What is the present value of $1,500 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 6.525%. A) $978.75 B) $11,473.43 C) $10,770.64 D) $15,000.00
Can you show me steps on how
to solve this, please? Thank you!
3· value: 2.27 points Media Bias Inc. issued bonds 10 years ago at $1,000 per bond. These bonds had a 30- year life when issued and the annual interest payment was then 13 percent. This return was in line with the required returns by bondholders at that point in time as described below: Real rate of return Inflation premium Risk premium 4% 4 13% Total return Assume...
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