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A leasing contract calls for an immediate payment of $106,000 and nine subsequent $106,000 semiannual payments...
A leasing contract calls for an immediate payment of $119,000 and nine subsequent $119,000 semi-annual payments...
A leasing contract calls for an immediate payment of $119,000
and nine subsequent $119,000 semi-annual payments at six-month
intervals. What is the PV of these payments if the annual discount
rate is 14%?
A leasing contract calls for an immediate payment of $119,000 and nine subsequent $119,000 semiannual payments at six-month intervals. What is the PV of these payments if the annual discount rate is 14%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value...
A leasing contract calls for an immediate payment of $119,000 and nine subsequent $119,000 semiannual payments...
A leasing contract calls for an immediate payment of $119,000 and nine subsequent $119,000 semiannual payments at six-month intervals. What is the PV of these payments if the annual discount rate is 14%?
A contract can be fulfilled by making an immediate payment of $3825, or equal payments at...
A contract can be fulfilled by making an immediate payment of $3825, or equal payments at the end of every six months for 3 years. What is the size of the semi-annual payments at 11% per annum compounded quarterly? The semi-annual payments are $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
You take out an $8,600 car loan that calls for 48 monthly payments starting after 1...
You take out an $8,600 car loan that calls for 48 monthly
payments starting after 1 month at an APR of 6%. a. What is your
monthly payment? (Do not round intermediate calculations. Round
your answer to 2 decimal places.) b. What is the effective annual
interest rate on the loan? (Do not round intermediate calculations.
Enter your answer as a percent rounded to 2 decimal places.) c. Now
assume the payments are made in four annual year-end installments.
What...
An annuity immediate with annual payments has an initial payment of 1. Subsequent payments increase by...
An annuity immediate with annual payments has an initial payment of 1. Subsequent payments increase by 1 until reaching a payment of 10. The next payment after the payment of 10 is also equal to 10, and then subsequent payments decrease by 1 until reaching a final payment of 1. Determine the annual effective interest rate at which the present value of this annuity is 78.60. (A) .0325 (B) .0335 (C) .0345 (D) .0355 (E) .0365
You take out a $7,400 car loan that calls for 36 monthly payments starting after 1...
You take out a $7,400 car loan that calls for 36 monthly payments starting after 1 month at an APR of 9%. a. What is your monthly payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) - monthly payment? b. What is the effective annual interest rate on the loan? (Do not round intermediate calculations. Enter your answer as a percent -effective annual interest rate?? c. Now assume the payments are made in four annual year-end...
an increasing perpetuity immediate makes annual payments. the first payment is 100 and each subsequent payment...
an increasing perpetuity immediate makes annual payments. the first payment is 100 and each subsequent payment is larger than the preceding payment by an amount X. based on an annual effective interest rate of 10%, the present value of the perpetuity at time 0 is one half of its present value at time 20. what is rhe value of x?
Compute the present value of an $1,500 payment made in nine years when the discount rate...
Compute the present value of an $1,500 payment made in nine years when the discount rate is 11 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
six-month Treasury bill and a nine-month bill both sell at a discount of 8%. a-1. Calculate...
six-month Treasury bill and a nine-month bill both sell at a discount of 8%. a-1. Calculate the annual yield of the six-month Treasury bill. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Annual yield % a-2. Calculate the annual yield of the nine-month Treasury bill. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Annual yield % Answers are NOT 8.16 or 8.08 respectively.
Equal end-of-period semiannual payments of $500, increasing by $100 with each subsequent payment, are made to...
Equal end-of-period semiannual payments of $500, increasing by $100 with each subsequent payment, are made to a fund paying 10 percent compounded continuously. What will the fund amount to after 7 years? What is the present worth equivalent of the total set of payments? What is the equal semiannual equivalent amount of the payments?
A leasing contract calls for an immediate payment of $119,000
and nine subsequent $119,000 semi-annual payments at six-month
intervals. What is the PV of these payments if the annual discount
rate is 14%?
A leasing contract calls for an immediate payment of $119,000 and nine subsequent $119,000 semiannual payments at six-month intervals. What is the PV of these payments if the annual discount rate is 14%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value...
A contract can be fulfilled by making an immediate payment of $3825, or equal payments at the end of every six months for 3 years. What is the size of the semi-annual payments at 11% per annum compounded quarterly? The semi-annual payments are $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
You take out an $8,600 car loan that calls for 48 monthly
payments starting after 1 month at an APR of 6%. a. What is your
monthly payment? (Do not round intermediate calculations. Round
your answer to 2 decimal places.) b. What is the effective annual
interest rate on the loan? (Do not round intermediate calculations.
Enter your answer as a percent rounded to 2 decimal places.) c. Now
assume the payments are made in four annual year-end installments.
What...
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