b) What is the equal payment series for 10 years that is equivalent to a payment...
.29 What is the equal payment series for 12 years that is equivalent to a payment series of $15,000 at the end of the first year, decreasing by $1000 each year over 12 years? Interest is 8% compounded annually.
What is the equal payment series for 6 years (the first payment is given at the end of year 1) that is equivalent to a single payment of $20,000 made at the end of the third year. (use i = 10 % compounded quarterly).
only answer b,c,d thanks
. What equal-payment series is required to repay the following present amounts? a. $10,000 in 4 years at 10% interest compounded annually with 4 annual payments. b. $5,000 in 3 years at 12% interest compounded semiannually with 6 semiannual payments. c. $6,000 in 5 years at 8% interest compounded quarterly with 20 quarterly payments. d. $80,000 in 30 years at 9% interest compounded monthly with 360 monthly payments.
A series of equal quarterly payments of $10,000 for 15 years is equivalent to what future worth amount at an interest rate of 9% compounded at the given intervals? (a) Quarterly (b) Monthly
A series of equal quarterly payments of $10,000 for 15 years is equivalent to what future worth amount at an interest rate of 9% compounded at the given intervals? (a) Quarterly (b) Monthly
Problem 2-39 (book/static) What equal annual payment series is required to repay the following present amounts? (a) $15,000 in six years at 3.5% interest compounded annually (b) $7,500 in seven years at 7.5% interest compounded annually (c) $2,500 in five years at 5.25% interest compounded annually (d) $12,000 in 15 years at 6.25% interest compounded annually (a) The annual payment is S. (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer equipment...
What is an annuity? Select one: a. present worth of a series of equal payments. b. a single payment. c. a series of payments that changes by a constant amount from one period to the next. d. a series of equal payments over a sequence of equal periods. e. a series of payments that changes by the same proportion from one period to the next. Question 2 The present worth factor Select one: a. gives the future value equivalent to...
3.22 What equal annual payment series is required to repay the following present amounts? (a) $10,000 in 5 years at 5% interest compounded annually (b) $5500 in 4 years at 9.7% interest compounded anngally (e) $8500 in 3 years at 2.5% interest compounded andually (d) $30,000 in 20 years at 8,5% interest compounded annually
Q.7. Suppose that an oil well is expected to produce 1,200,000 barrels of oil during its first production year. However, its subsequent production (yield) is expected to decrease by 9% over the previous year's production. (a) Suppose that the price of oil is expected to be $120 per barrel for the next five years. What would be the present worth of the anticipated revenue trim at an interest rate of 10% compounded annually over the next five years? (b) Suppose...
A series of equal quarterly payments of $5000 for 12 years is equivalent to what present amount an interest rate of 9% compounded a) Quarterly? b) Monthly? c) Continuously? Please explain
2. What is the present worth of a series of equal end-of-quarter payments of $1,500 if the series extends over a period of eight years at 9% interest compounded monthly? (15 points) You are not required to calculate the final answer for this question. You will get full credits with the case number (I/II/III), the complete first three steps, and the last step with the factor equation (in last step clearly showing which factor, what the interest rate is, and...