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Present Value Computation You receive $3,000 at the end of every year for three years. What...
please answer these within aboit 30-50 min thank you! QUESTION 3 Incorrect Mark 0.00 out of 1.00 P Flag question Future Value Computation You deposit $3,000 at the end of every year for three years. How much will accumulate in three years if you earn 8% compounded annually? Use Excel or a financial calculator for computation. Round your answer to the nearest dollar. $ 10,518 Check QUESTION 4 Not complete Marked out of 1.00 P Flag question Present Value Computation...
1) You receive $5,000 at the end of every year for three years. What is the present value of these receipts if you earn eight percent compounded annually 2)What amount will be accumulated in four years if $10,000 is invested today at six percent interest compounded annually?
You deposit $1,500 at the end of every year for four years. How much will accumulate in four years if you earn six percent compounded annually? Use Excel or a financial calculator for computation. Round answer to the nearest dollar.
Present Value Computation Pete Frost made a deposit into his savings account three years ago, and earned interest at an annual rate of 8%. The deposit accumulated to $25,000. How much was initially deposited assuming that the interest was compounded (a) annually, (b) semiannually, and (c) quarterly? Use Excel or a financial calculator for computation. Round answers to the nearest dollar. (a) Annually $ (b) Semiannually $ (c) Quarterly $ 0 0
Present Value Computation Kerry Bales won the state lottery and was given four choices for receiving her winnings. 1. Receive $250,000 right now. 2. Receive $270,000 in 1 year. 3. Receive $45,000 at the end of each year for eight years. 4. Receive $22,500 at the end of each year for 40 years. Assuming Kerry can earn interest of 8% compounded annually, (a) calculate each option and (b) determine which option Kerry should choose? Use Excel or a financial calculator...
Present Value Computation Kerry Bales won the state lottery and was given four choices for receiving her winnings. 1. Receive $400,000 right now. 2. Receive $432,000 in 1 year. 3. Receive $75,000 at the end of each year for eight years. 4. Receive $38,000 at the end of each year for 30 years. Assuming Kerry can earn interest of 8% compounded annually, (a) calculate each option and (b) determine which option Kerry should choose? Use Excel or a financial calculator...
What amount will be accumulated in four years if $10,000 is invested today at six percent interest compounded annually? Use Excel or a financial calculator for computation. Round answer to the nearest dollar. You are scheduled to be paid $10,000 in four years. What amount today is equivalent to the $10,000 to be received in four years assuming interest is compounded annually at six percent? Use Excel or a financial calculator for computation. Round answer to the nearest dollar. What...
Kershaw Bales won the state lottery and was given four choices for receiving her winnings. Receive $500,000 right now. Receive $540,000 in one year. Receive $50,000 at the end of each year for 20 years. Receive $45,000 at the end of each year for 30 years. Assuming Kershaw can earn interest of eight percent compounded annually, which option should Kershaw choose? Use Excel or a financial calculator for computation. Round answers to the nearest dollar. 1. Answer 0 2. Answer...
Determine the present value of $310,000 to be received in three years, using an interest rate of 5.5%, compounded annually. Use the present value table in Exhibit 8. Round to the nearest whole dollar. Determine the present value of $220,000 to be received at the end of each of four years, using an interest rate of 6%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 4. Round to the nearest whole dollar. First...
What is the present value of the following annuity? $1,754 every year at the end of the year for the next 5 years, discounted back to the present at 9.82 percent per year, compounded annually? Round the answer to two decimal places. Thank you.