So the present value is $ 4459.09
If the interest rate is 10%, what is the present value of a security that pays...
If the interest rate is 10%, what is the present value of a security that pays you $1,100 next year, sl 220 the year after, and S1338 the year after that? Present value is S(Round your response to the nearest penny)
If the interest rate is 10%, what is the present value of a security that pays you $1,125 next year, $1210 the year after, and $1339 the year after that? Present value is ? (round your repsonse to the nearest penny)
Ifth intere trate is 10%, what is the present value of a security that pays year after that? $1,125 next year, S1250 the year after, and S130 the Present value is (Round your response to the nearest penny
with an annual interest rate of 10 percent the present value of a security that pays 1100 next year and 2929 four years from now is ? a- 1000 b- 2560 c 3000 d- 2000 with steps
What is the present value of a $500 perpetuity if the interest rate is 6%? If interest rates doubled to 12%, what would its present value be? Round your answers to the nearest cent. Present value at 6%: $ Present value at 12%: $ You borrow $85,000; the annual loan payments are $11,339.91 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number. You have saved $5,000 for a down payment on...
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...
A)What is the present value of a security that will pay $45,000 in 20 years if securities of equal risk pay 6% annually? Do not round intermediate calculations. Round your answer to the nearest cent. B)if you deposit $7,000 in a bank account that pays 5% interest annually, how much will be in your account after 5 years? Do not round intermediate calculations. Round your answer to the nearest cent. C)Your parents will retire in 24 years. They currently have...
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...
Present value What is the present value of a security that will pay $20,000 in 20 years if securities of equal risk pay 12% annually? Round your answer to the nearest cent. Time for a lump sum to double How long will it take $500 to double if it earns the following rates? Compounding occurs once a year. Round each answer to two decimal places. a. 3% year(s) b. 9% year(s) c. 21%. year(s) d. 100%. year(s) Time for a...
What is the present value of a perpetuity that pays $10 per year if the interest rate is 14%? O $10.00 0 $14.00 O $65.76 O $71.43