Present value=223,894*Present value of discounting factor(rate%,time period)
=223,894/1.04^15
=223,894*0.555264503
=$124320.39(Approx).
Thanks all! What is the present value of the following future amount? $223,894, to be received...
what is the present value of the following future amount? $60,924, to be received 20 years from now, discounted back to the present at 5 percent, compounded annually.
What is the present value of the following future amounts? a. $700 to be received 8 years from now discounted back to the present at 10 percent b. 5400 to be received 7 years from now discounted back to the present at 7 percent c. $1,200 to be received 12 years from now discounted back to the present at 4 percent d. $1,200 to be received 5 years from now discounted back to the present at 18 percent a. What is the present value of...
(Present value) What is the present value of the following future amounts? a. $800 to be received 10 years from now discounted back to the present at 11 percent. b. $300 to be received 8 years from now discounted back to the present at 9 percent. c. $1,050 to be received 13 years from now discounted back to the present at 5 percent. d. $1,050 to be received 4 years from now discounted back to the present at 20 percent. a. What is the present...
(Present value) What is the present value of the following future amounts? a. $800 to be received 8 years from now discounted back to the present at 11 percent. b. $200 to be received 7 years from now discounted back to the present at 7 percent. c. $1150 to be received 13 years from now discounted back to the present at 3 percent. d. $1250 to be received 4 years from now discounted back to the present at 18 percent.
what is the present value of the following furture amount? $329,309, to be receied 11 years from now, discounted back to the present at 5 percent,compounded annually.
what is the present value of the following furture amount? $183,625, to be receied 10 years from now, discounted back to the present at 6 percent,compounded annually.
What is the present value of the following annuity? $4,205 every year at the end of the year for the next 4 years, discounted back to the present at 5.88 percent per year, compounded annually? Round the answer to two decimal places.
What is the present value of the following annuity? $4,874 every year at the end of the year for the next 13 years, discounted back to the present at 5.98 percent per year, compounded annually? Round the answer to two decimal places.
What is the present value of the following annuity? $747 every year at the end of the year for the next 9 years, discounted back to the present at 12.60 percent per year, compounded annually? Round the answer to two decimal places.
What is the present value of the following annuity? $833 every year at the end of the year for the next 14 years, discounted back to the present at 7.64 percent per year, compounded annually? Round the answer to two decimal places.