Answer - present value in first case = $2857.14
Answer - present value in second case = $2773.67
If the solution helped, please give it a thumbs up. Thank you.
The present value of a loan in which $3000 is to be paid out a yoar...
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...
is based on the notion that a dollar paid in the future is less valuable than a dolar paid today The present value of a loan in which $1000 is to be paid out a year from today with the intere ostrato equal to 4% is (Round your response to the nearest two decimal place) If a loan is paid after two years, and the amount $3000 is to be paid then with a corresponding 4% interest rate, the present...
▼ 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 1% is S decimal place) Round your response to the neareast two If a loan is paid after two years, and the amount S700 response to the neareast two decimal place) is to be paid...
V 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 s to be paid out a year response to the neareast two decimal place) today with the interest rate equal to 1% s SL (Round your o If a loan is paid after two years, and the amount S9000 is to be paid then with a corresponding 3% interest rate,...
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...
If a lender makes a simple loan of $400 for 4 years and charges 3%, then the amount that the lender receive at maturity is $ (Round your response to the nearest two decimal place) If a lender makes a simple loan of $3000 for one year and charges $70 interest, then the simple interest rate on that loan is %. (Round your response to the nearest whole number) If a borrower must repay $106.50 one year from today in...
If the interest rate is 6%, the present value of S800 to be received 5 years from today is S Round your response to the nearest two decimal place) You are in a car accident, and you receive an insurance settlement of $5500 per year for the next three years. The first payment is to be received today. The second payment is to be received one year from today, and the third payment two years from today.If the interest rate...
Question Help * lf a lender makes a simple loan of $70 or 3 years and charges 7%, then the amount that the lender receive at maturity s S Round your esponse o the nearest two decimal place) If a lender makes a simple loan of $3000 for one year and charges $70 interest, then the simple interest rate on that loan is%. (Round your response to the nearest whole number) If a borrower must repay $106.50 one year from...
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 a lender makes a simple loan of $800 for 2 years and charges 3%, then the amount that the lender receive at maturity is $?. Round your response to the nearest two decimal place If a lender makes a simple loan of $2500 for one year and charges $30 interest, then the simple interest rate on that loan is ?% Round your response to the nearest whole number. If a borrower must repay $106.50 one year from today in...