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x Incorrect. What is the present value of $8,000 received in 7 years at 8% interest?...
x Incorrect. What is the present value of $8,000 received in 7 years at 8% interest?...
x Incorrect. What is the present value of $8,000 received in 7 years at 8% interest? (Round answer to O decimal places.) Present value x] Incorrect. Bonnie Lee buys a savings bond for $125. The bond pays 5% and matures in 10 years. What amount will Bonnie receive when she redeems the bond? (Round answer to 2 decimal places.) Future value x Incorrect. Erik Peterson needs to have $10,000 at the end of 5 years to purchase a second car....
A)What is the present value of $26,400 to be received in 20 years; i = 6%....
A)What is the present value of $26,400 to be received in 20 years; i = 6%. (Round answer to 0 decimal places, e.g. 5,275.) Present value : ........... B)What is the present value of a 15-year annuity of $2,600 per year; i = 5%. (Round answer to 0 decimal places, e.g. 5,275.) PRESENT VALUE : ................... C)What is the present value of a 5-year annuity of $3,500 with the first payment to be received 3 years from now; i =...
If the interest rate is 6%, the present value of S800 to be received 5 years...
If the interest rate is 6%, the present value of S800 to be received 5 years from today is S Round your response to the nearest two decimal place) You are in a car accident, and you receive an insurance settlement of $5500 per year for the next three years. The first payment is to be received today. The second payment is to be received one year from today, and the third payment two years from today.If the interest rate...
What is the future value of $8,650 at the end of 7 periods at 8% compounded...
What is the future value of $8,650 at the end of 7 periods at
8% compounded interest? (Round factor values to 5
decimal places, e.g. 1.25124 and final answer to 0 decimal places,
e.g. 458,581.)
The future value
$
Click here to view factor tables
What is the present value of $8,650 due 8 periods hence, discounted
at 6%? (Round factor values to 5 decimal places, e.g.
1.25124 and final answer to 0 decimal places, e.g.
458,581.)
The present value...
What is the present value of $2,900 to be received at the beginning of each of...
What is the present value of $2,900 to be received at the
beginning of each of 29 periods, discounted at 5% compound
interest?
X Your answer is incorrect. Click here to view factor tables What is the present value of $2,900 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) The present value $ 43909...
What is the present value of $37,300 to be received in 15 years; i = 6%....
What is the present value of $37,300 to be received in 15 years; i = 6%. Present values 15563 What is the present value of a 10-year annuity of $2,900 per year; i = 4%. Present value 23521.60 What is the present value of a 7-year annuity of $4,800 with the first payment to be received 5 years from now; i = 6%. (Round answer to decimal places, e.g. 5,275.) Present value si What will be your annual payment if...
A $4365.42 investment matures in 7 years, 11 months. Find the maturity value if interest is...
A $4365.42 investment matures in 7 years, 11 months. Find the maturity value if interest is 4.9% per annum compounded quarterly. The maturity value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
a. What is the present value of $240,000 to be received after 30 years with a...
a. What is the present value of $240,000 to be received after 30 years with a 16 percent discount rate? Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) b. Would the present value of the funds in part a be enough to buy a $2,800 concert ticket? No Yes
Homework Provided are links to the present and future value tables: PV of $1. EV of...
Homework Provided are links to the present and future value tables: PV of $1. EV of $1. PVA of $1. and EVA of $1 (Use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.) a. How much would you have to deposit today if you wanted to have $40,000 in five years? Annual Interest rate is 8%. b. Assume that you are saving up for a trip around the world when you graduate in three...
What is the Present Value of $25,000 to be received at the end of 5 years...
What is the Present Value of $25,000 to be received at the end of 5 years if you were able to invest that sum today in an investment returning 5% per year?
x Incorrect. What is the present value of $8,000 received in 7 years at 8% interest? (Round answer to O decimal places.) Present value x] Incorrect. Bonnie Lee buys a savings bond for $125. The bond pays 5% and matures in 10 years. What amount will Bonnie receive when she redeems the bond? (Round answer to 2 decimal places.) Future value x Incorrect. Erik Peterson needs to have $10,000 at the end of 5 years to purchase a second car....
If the interest rate is 6%, the present value of S800 to be received 5 years from today is S Round your response to the nearest two decimal place) You are in a car accident, and you receive an insurance settlement of $5500 per year for the next three years. The first payment is to be received today. The second payment is to be received one year from today, and the third payment two years from today.If the interest rate...
What is the future value of $8,650 at the end of 7 periods at
8% compounded interest? (Round factor values to 5
decimal places, e.g. 1.25124 and final answer to 0 decimal places,
e.g. 458,581.)
The future value
$
Click here to view factor tables
What is the present value of $8,650 due 8 periods hence, discounted
at 6%? (Round factor values to 5 decimal places, e.g.
1.25124 and final answer to 0 decimal places, e.g.
458,581.)
The present value...
What is the present value of $2,900 to be received at the
beginning of each of 29 periods, discounted at 5% compound
interest?
X Your answer is incorrect. Click here to view factor tables What is the present value of $2,900 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) The present value $ 43909...
What is the present value of $37,300 to be received in 15 years; i = 6%. Present values 15563 What is the present value of a 10-year annuity of $2,900 per year; i = 4%. Present value 23521.60 What is the present value of a 7-year annuity of $4,800 with the first payment to be received 5 years from now; i = 6%. (Round answer to decimal places, e.g. 5,275.) Present value si What will be your annual payment if...
A $4365.42 investment matures in 7 years, 11 months. Find the maturity value if interest is 4.9% per annum compounded quarterly. The maturity value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Homework Provided are links to the present and future value tables: PV of $1. EV of $1. PVA of $1. and EVA of $1 (Use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.) a. How much would you have to deposit today if you wanted to have $40,000 in five years? Annual Interest rate is 8%. b. Assume that you are saving up for a trip around the world when you graduate in three...
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