Question

PROBLEM: Single Amount or Annuity Periodic Interest Rate Number of Periods $3,000.00 0.005 72 Answer: Present Value of SingleNote: Please use excel to solve the first four subpart, thank you.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Type a question for help . 3 Microsoft Excel - Time Value-Direct Formula Eile Edit View Insert Format Tools Data Window Help

Type a question for help . 100% 3 Microsoft Excel - Time Value-Direct Formula Eile Edit View Insert Format Tools Data Window

Add a comment
Know the answer?
Add Answer to:
Note: Please use excel to solve the first four subpart, thank you. PROBLEM: Single Amount or...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • I need help finding the values. $ 3,000.00 0.006 601 19 20 Single Amount or Annuity...

    I need help finding the values. $ 3,000.00 0.006 601 19 20 Single Amount or Annuity 21 Periodic Interest Rate 22 Number of Periods 23 24 25 Present Value of Single Amount 26 27 Future Value of Single Amount Answer: 28 29 Future Value of An Annuity 30 31 Future Value of An Annuity Due 32 33 Present Value of An Annuity 34 35 Present Value of An Annuity Due 36 37

  • part 1 given info present value = periodic interest rate = number of compounding periods =...

    part 1 given info present value = periodic interest rate = number of compounding periods = 190.00 0.080 6.00 What is the future value (single payment)? part 2 future value periodic interest rate = number of compounding periods = 301.51 0.080 6.00 what is the present value (single payment)? part 3 periodic payment periodic interest rate = number of compounding periods = 340.00 0.02 8.00 What is the future value of this annuity? part 4 present value (amount borrowed) =...

  • You agree to deposit $500 at the beginning of each month into a bank account for...

    You agree to deposit $500 at the beginning of each month into a bank account for the next 24 months. At the end of the 24th month, you will have $13,000 in your account. If the bank compounds interest monthly, what annual interest rate will you have earned? Note: Please post the formula used to solve the question and list the steps taken to reach the answer, please don't use excel. I provided a list of formulas, please state the...

  • Please avoid using excel to solve the problem. Thanks! 7) If the corporate tax rate is...

    Please avoid using excel to solve the problem. Thanks! 7) If the corporate tax rate is 40% and the individual tax rate is 20% (and these are the only taxes), if a corporation has $50,000 of operating income, what is the after tax income for its owners? The tax rate is 15% between $0-$50,000 and 25% between $50,001-S 100,000. If you earn $60,000, then what is your average and marginal tax rates? A bank has quoted to you a monthly...

  • You agree to deposit $500 at the beginning of each month into a bank account for...

    You agree to deposit $500 at the beginning of each month into a bank account for the next 24 months. At the end of the 24th month, you will have $13,000 in your account. If the bank compounds interest monthly, what annual interest rate will you have earned? Note: Only use the formula listed and show the steps of how you reached the answer, I don't need to know just the answer, I'm trying to learn. Thank you. Don't use...

  • I need help with solving this please show your formulas so, I can understand it. Thanks...

    I need help with solving this please show your formulas so, I can understand it. Thanks part 1 1,000.00 future value = periodic interest rate = number of compounding periods = 0.035 32.00 what is the present value (single payment)? part 2 periodic payment periodic interest rate = number of compounding periods = 32.00 0.035 32.00! What is the present value of this annuity? part 3 add part 1 and part 2 part 4 1,000.00 future value = periodic interest...

  • i need help working out the problem and entering it into excel Background: On January 1,...

    i need help working out the problem and entering it into excel Background: On January 1, 2020, the company has purchased a 14 year $100,000 bonds investment. The bond calls for an annual payment of interest on 12/31 at a contractual (stated) rate of 6%. Given the credit standing of the issuing company, an interest rate of 8.25% has been imputed as the effective rate. The principal amount of the bond is due at maturity. The company classified this bond...

  • please help me solve this problem with excel formulas please and thank you!! A financial planning...

    please help me solve this problem with excel formulas please and thank you!! A financial planning service offers a unique program for parents to save for a child's college education. Starting on the child's 12th birthday, annual deposits are made. The first deposit is $5,000 and the required deposit increases by $1000 each year, until the child's 18th birthday, when the final deposit is made. Beginning on the child's 19th birthday, four annual withdrawals of $10,000 can be made. Assuming...

  • 5. An amount is desited for cight years at 96. If compounding occurs quarterly, then the table value is found at A)...

    5. An amount is desited for cight years at 96. If compounding occurs quarterly, then the table value is found at A) 896 for eight periods. B) 296 for eight periods. C) 96 for 32 periods D) 2% for 32 periods. 6. Betty wants to know how much she should begin saving each month to fund her retirement. What kind of problem is this? A) Present value of one. B) Future value of an ordinary annuity. C) Present value of...

  • Please use RStudio to solve this problem, thank you so much in advance. 2. Suppose a...

    Please use RStudio to solve this problem, thank you so much in advance. 2. Suppose a car dealer promotes two options for the purchase of a new $20 000 car. The first option is for the customer to pay up front and receive a $1000 rebate. The second option is “0%-interest financing" where the customer makes 20 monthly payments of $1000 beginning in one month's time. Because of option 1, the effective price of the car is really $19,000, so...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT