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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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...
rse E 16-2 (similar to) Question Help 2 (Click the icon to view the Present Value of $1 table) pter Nickle Quinnan Associates acquired $7.520.000 par value, 4%, 20-year bonds on leos their date of issue, January 1 of the current year. The market rate at the time of issue is 18% and interest is paid semiannually on June 30 and December 31 sign Quinnan uses the effective interest rate method to account for this investment Quinnan does not intend...
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