Homework Answers
Answer:
| Annually | Semiannually | |
| N | 4 | 8 |
| Rate | 3 % | 1.5 % |
| Amount | 2000 | 2,000 |
| Present Value Factor @1.5% for 8 Semiannually | 0.88771 | |
| Present Value(2000*0.88771) | $1,775.42 |
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( ороо) Hw Score: 51.4970, E Questio Present Value-1 (similar to) Find the amount that should...
Find the amount that should be set aside today to yield the desired future amount. Use...
Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed Interest rate Compounding period Investment time $3,000 2% semiannually 3 years The amount that should be set aside today is?
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Apps Belkin l Accounting II ACCT 205-01 CRN#17861 Kayl Homework: Chapter 0 Homework - Math Review...
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Find the amount that should be set aside today to yield the desired future amount. Use...
Find the amount that should be
set aside today to yield the desired future amount. Use the
table.
Future amount needed
Interest rate
Compounding period
Investment time
$2000
3%
semiannually
5
years
Periods Rate per period 4% 5% 6% 8% 10% 0.96154 0.95238 0.94340 0.92593 0.90909 0.92456 0.90703 0.89000 0.85734 0.82645 0.88900 0.86384 0.83962 0.79383 0.75131 0.85480 0.82270 0.79209 0.73503 0.68301 0.82193 0.78353 0.74726 0.68058 0.62092 0.79031 0.74622 0.70496 0.63017 0.56447 0.75992 0.71068 0.66506 0.58349 0.51316 0.73069 0.67684 0.62741 0.54027...
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Find the amount that should be
set aside today to yield the desired future amount. Use the
table.
Future amount needed
Interest rate
Compounding period
Investment time
$2000
3%
semiannually
5
years
Periods Rate per period 4% 5% 6% 8% 10% 0.96154 0.95238 0.94340 0.92593 0.90909 0.92456 0.90703 0.89000 0.85734 0.82645 0.88900 0.86384 0.83962 0.79383 0.75131 0.85480 0.82270 0.79209 0.73503 0.68301 0.82193 0.78353 0.74726 0.68058 0.62092 0.79031 0.74622 0.70496 0.63017 0.56447 0.75992 0.71068 0.66506 0.58349 0.51316 0.73069 0.67684 0.62741 0.54027...
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all parts please
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