Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
=1700[1-(1.04)^-9]/0.04
=1700*7.43533161
=$12640(Approx).
An annuity is set up that will pay $1,700 per year for nine years. What is...
An annuity is set up that will pay $1,800 per year for nine years. What is the present value (PV) of this annuity given that the discount rate is 4%?
please choose one answer An annuity is set up that will pay $1,500 per year for eight years. What is the present value (PV) of this annuity given that the discount rate is 9%? ○ A. $9,962 OB. $4,981 OC. $11,623 OD. $8.302
An annuity is set up that will pay $ 1200 per year for eight years. What is the present value (PV) of this annuity given that the discount rate is 7%?
An annuity is set up that will pay $1,600 per year for ten years. What is the present value (PV) of this annuity given that the discount rate is 9%? a. $6,161 b. $12,322 c. $10,268 d. $14,375
An annuity pays $11.00 per year for 103 years. What is the present value (PV) of this annuity given that the discount rate is 5%? O A. $262.26 O B. $218.55 O c. $305.97 OD. $131.13
PV Multiple CFs. Investment X offers to pay you $3,700 per year for nine years, whereas Investment Y offers to pay you $5,500 per year for five years. a) Which of these cash flow streams has the higher present value if the discount rate is 6 percent? b) If the discount rate is 22 percent?
#19. An annuity pays $14.00 per year for 99 years. What is the present value (PV) of this annuity given that the discount rate is 6%?
An annuity pays $ 11.00$11.00 per year for 105105 years. What is the present value (PV) of this annuity given that the discount rate is 8 %8%? A. $ 82.48$82.48 B. $ 164.95$164.95 C. $ 137.46$137.46 D. $ 192.44$192.44
please choose one answer An annuity pays $51 per year for 28 years. What is the future value (FV) of this annuity at the end of those 28 years, given that the discount rate is 6%? OA. OB. OC. OD. $4,193.92 $4,892.90 $2,096.96 $3,494.93
An annuity pays $53 per year for 17 years. What is the future value FV of this annuity at the end of those 17 years, given that the discount rate is 5%? OA. $1,917.36 OB. $1,643.45 O C. $1,369.54 OD. $821.72