On January -M-2 M.3 interest of 12% compounded semiannually? Present Value Computations Using the present value...
I cannot figure out why these are wrong. Would appreciate help. 1. What is the present value on January 1, 2019, of $30,000 due on January 1, 2023, and discounted at 10% compounded annually? $ 20,490.40 X 2. What is the present value on January 1, 2019, of $40,000 due on January 1, 2023, and discounted at 11% compounded semiannually? $ 26,063.59 X 3. What is the present value on January 1, 2019, of $50,000 due on January 1, 2023,...
What is the present value on January 1, 2019, of $50,000 due on January 1, 2023, and discounted at 16% compounded quarterly?
What is the present value on January 1, 2019, of $40,000 due on January 1, 2023, and discounted at 11% compounded semiannually?
Name Chapter 12 Compound Interest and Present Value Part I Vocabulary Matchup A. Twice a year 1. Compound 2. Effective rate (APY B. Stated rate 3. Nominal rate C. D. E. F. Four times per year Amount calculated on adjusted principal 12 times per year Years times number of times compounded in one year True rate of interest Know future amount looking for present Rate divided by number of times compounded per year Periodically interest is calculated and added to...
Find the present value of the following future amount. $9000 at 3% compounded semiannually for 7 years What is the present value?
What is the future value of $7,890 at the end of 5 periods at 8% compounded interest? What is the present value of $7,890 due 9 periods hence, discounted at 6%? What is the future value of 16 periodic payments of $7,890 each made at the end of each period and compounded at 10%? What is the present value of $7,890 to be received at the end of each of 19 periods, discounted at 5% compound interest?
Ch. 6 Time Value of Money Concepts (2 marks) E6-6 Present value; annuities Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2013, of a five-period annual annuity of $5,000 under each of the following situations: 1. The first payment is received on December 31, 2014, and interest is compounded annually. 2. The first payment is received on December 31, 2013, and interest is compoundled annually. 3. The first...
Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2021, of a five-period annual annuity of $5,000 under each of the following situations: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. The first payment is received on December 31, 2022, and interest is compounded annually. table or calculator function- payment-...
Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 3 2021, of a five-period annual annuity of $3,800 under each of the following situations (EV. 51. PV 51. EVA 051. PVA O SI EVADA $1 and PVAD of $11) (Use appropriate factor(s) from the tables provided.) Ched my w 1. The first payment is received on December 31, 2022, and interest is compounded annually 2. The first payment is received...
E6.4 (LO 3, 4) (Computation of Future Values and Present Values) Using the appropriate interest table, answer the following questions. (Each case is independent of the others.)a. What is the future value of 20 periodic payments of $ 4,000 each made at the beginning of each period and compounded at 8%?b. What is the present value of $ 2,500 to be received at the beginning of each of 30 periods, discounted at 5 % compound interest?c. What is the future...