Question 4 (1 point) v Saved What's the present value of $10,000 discounted back 5 years...
What's the present value of $1,050 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly? Select the correct answer. a. $768.04 b. $762.84 c. $773.24 d. $783.64 e. $778.44
What's the present value of $1,325 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly? Select the correct answer. a. $982.32 b. $994.62 c. $990.52 d. $986.42 e. $978.22
QUESTION 7 What's the present value of $100,000 discounted back 10 years if the appropriate interest rate is 6.5%, compounded quarterly? QUESTION 13 Suppose you inherited $500,000 and invested it at 6.25% per year. How much could you withdraw at the end of each of the next 35 years? QUESTION 19 Suppose you borrowed $75,000 at a rate of 12% and must repay it in equal annual installments at the end of each of the next 5 years. 1. How...
Question 22 What's the future value of $4.400 after 5 years if the appropriate interest rate is 6%, compounded semiannually? a. $5,381.04 b. $5.794.97 c. $5,913.23 d. $4,612.32 e. $7.214.14 Question 23 What's the future value of $1,300 after 5 years if the appropriate interest rate is 6%, compounded monthly a. $1,753.51 b. $1,928.86 c. $1,841.18 d. $1,385.27 e. $1,683.36 Question 24 Some of the cash flows shown on a time line can be in the form of annuity payments...
What's the future value of $1,300 after 5 years if the appropriate interest rate is 8%, compounded monthly? Select one: O a. $1,753.51 of O b. $1,683.36 c. $1,936.80 O d. $1,841.18 O e. $1,928.86
what's the future value of $1,050 after 5 years if the appropriate interest rate is 6%, compounded monthly? Select the correct answer. a. $1,407.49 b. $1,416.29 c. $1,403.09 d. $1,411.89 e. $1,425.09
1. What is the discount rate assuming the present value of $840 at the end of 1-year is $765? 2. What is the Future value of $3,500 deposited for 12 years at 5% compounded annually? 3. If $2,800 is discounted back 4 years at an interest rate of 8% compounded semi-annually, what would be the present value? 4. Determine the future value of $6,000 after 5 years if the appropriate interest rate is 8%, compounded monthly.
What is the future value of $10,000 in 3 years if the appropriate rate is 5%? O a. $8,638.38 b. $8,500.00 O c. $11.576.25 d. $11,500 How much is needed to be saved today to have $10,000 in 10 years if you will earn 6%, compounded monthly? a. $5.500.00 b. S5,496.33 c. $5,583.95 d. $6,000.00 What is the effective annual rate of a 12% APR compounded monthly? O a. 1% O b. 12.68% O c. 12% O d. 12.12% Your...
Determine the present value of an annuity due of $1,000 per month for 15 years discounted back to present at 12 percent compounded monthly. What would be the present value if it were a regular annuity?
1. Determine the discount rate assuming the present value of $940 at the end of 1-year is $865? 2. $9,800 is deposited for 12 years at 5% compounded annually, determine the FV? 3. If $2,800 is discounted back 4 years at an interest rate of 8% compounded semi-annually, what would be the present value? 4. Consider a newlywed who is planning a wedding anniversary gift of a trip to Canada for her husband at the end of 10 years. She...