Homework Answers
It will be present value of 2500 @9% for 3 years
| Year | PV factor @9% ( 1/ 1+.09)t |
| 1 | 0.917 |
| 2 | 0.842 |
| 3 | 0.772 |
Present value = Future value x Pv factor 3rd year
= 2500 x 0.772 =1930
Hence correct option is A
Add Answer to:
Open the Factor Tables from Module 8 or have your Financial Calculator available to use on...
If you could show inputs for financial calculator please! CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT...
If you could show inputs for financial calculator please!
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 6-2 Henry Jackson invests $58,700 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Henry withdraws the accumulated amount of money. Compute the amount Henry would withdraw assuming the investment earns simple interest. (Round answers to O decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO...
Chapter 9 Homework Submit your answers in CANVAS before it is due USE THE PV Factor Tables (located in Module 8 in...
Chapter 9 Homework Submit your answers in CANVAS before it is due USE THE PV Factor Tables (located in Module 8 in Canvas) or the TI BAll Plus Financial Calculator to answer the following questions relating to the time value of money. Use the following to answer questions 1-3 (Round answers to the nearest dollar) BA Corp issues 6.0%, 5-year bonds with a total face amount of $500,000. The market interest rate for bonds of similar risk and maturity is...
if you could solve and show work with financial calculator please! Henry Jackson invests $58,700 at...
if you could solve and show work with financial calculator
please!
Henry Jackson invests $58,700 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Henry withdraws the accumulated amount of money. Compute the amount Henry would withdraw assuming the investment earns simple interest. (Round answers to O decimal places, e.g. 458,581.) Total withdrawns LINK TO TEXT LINK TO TEXT LINK TO VIDEO Click here to...
Exercise A3-11 Practice with Tables Use Future Value Tables and Present Value Tables, or your calculator,...
Exercise A3-11 Practice with Tables Use Future Value Tables and Present Value Tables, or your calculator, to complete the requirements below. Required: Round your answers to the nearest cent. a. Determine the future value of a single cash flow of $5,000 that earns 7% interest compounded annually for 10 years. $ b. Determine the future value of an annual annuity of 10 cash flows of $500 each that earns 7% compounded annually. $ c. Determine the present value of $5,000...
please answer these within aboit 30-50 min thank you! QUESTION 3 Incorrect Mark 0.00 out of 1.00 P Flag ques...
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...
What is the value today of receiving $3,000 at the end of each year for the...
What is the value today of receiving $3,000 at the end of each year for the next three years, assuming an interest rate of 3% compounded annually? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $8,251. $9,000. $9,273. $8,486.
Exercise 6-2 Chris Jackson invests $53,400 at 8% annual interest, leaving the money invested without withdrawing...
Exercise 6-2 Chris Jackson invests $53,400 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Chris withdraws the accumulated amount of money. Compute the amount Chris would withdraw assuming the investment earns simple interest. (Round answers to decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO TEXT Click here to view factor tables Compute the amount Chris would withdraw assuming the investment earns...
What is the value today of receiving $4,250 at the end of three years, assuming an interest rate of 12% compounded semi...
What is the value today of receiving $4,250 at the end of three years, assuming an interest rate of 12% compounded semiannually? (FV of $1, PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.) o $2.996 o $3,796 o $3,025 o $3,060
Use the following to answer questions 28 – 29 (round to nearest whole dollar) The four...
Use the following to answer questions 28 – 29 (round to nearest whole dollar) The four actors below have just signed a contract to star in a comedy. Each person signs independent contracts with the following terms: Contract amount How contract is paid Actor 1 $2,500,000 Lump sum in 4 years Actor 2 2,650,000 Lump sum in 5 years Actor 3 760,000 Every year for 3 years Actor 4 590,000 Every year for 4 years Assume an annual discount rate of...
can you solve these two, and please show the functions to input into a financial calculator....
can you solve these two, and please show the functions to
input into a financial calculator. Also why is question 31. answer
choice A and not C?
38. Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments. The interest paid in the third year is_ A. $405.00 B. $147.00 C. $352.00 D. $277.95 31. Xiao Xin is planning to accumulate $40,000 by the end of 5 years by making...
If you could show inputs for financial calculator please!
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 6-2 Henry Jackson invests $58,700 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Henry withdraws the accumulated amount of money. Compute the amount Henry would withdraw assuming the investment earns simple interest. (Round answers to O decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO...
Chapter 9 Homework Submit your answers in CANVAS before it is due USE THE PV Factor Tables (located in Module 8 in Canvas) or the TI BAll Plus Financial Calculator to answer the following questions relating to the time value of money. Use the following to answer questions 1-3 (Round answers to the nearest dollar) BA Corp issues 6.0%, 5-year bonds with a total face amount of $500,000. The market interest rate for bonds of similar risk and maturity is...
if you could solve and show work with financial calculator
please!
Henry Jackson invests $58,700 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Henry withdraws the accumulated amount of money. Compute the amount Henry would withdraw assuming the investment earns simple interest. (Round answers to O decimal places, e.g. 458,581.) Total withdrawns LINK TO TEXT LINK TO TEXT LINK TO VIDEO Click here to...
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...
Exercise 6-2 Chris Jackson invests $53,400 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Chris withdraws the accumulated amount of money. Compute the amount Chris would withdraw assuming the investment earns simple interest. (Round answers to decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO TEXT Click here to view factor tables Compute the amount Chris would withdraw assuming the investment earns...
What is the value today of receiving $4,250 at the end of three years, assuming an interest rate of 12% compounded semiannually? (FV of $1, PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.) o $2.996 o $3,796 o $3,025 o $3,060
can you solve these two, and please show the functions to
input into a financial calculator. Also why is question 31. answer
choice A and not C?
38. Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments. The interest paid in the third year is_ A. $405.00 B. $147.00 C. $352.00 D. $277.95 31. Xiao Xin is planning to accumulate $40,000 by the end of 5 years by making...
Most questions answered within 3 hours.
-
A z-score
communicates a raw score’s "relative standing"
under the normal curve in relation to:
asked 3 minutes ago -
An object is vibrating on a spring with the following equation
of motion:
?=(30 ??)cos((2?)/(160)?)
a)...
asked 2 minutes ago -
Vulcan Flyovers offers scenic overflights of Mount St. Helens,
the volcano in Washington State that explosively...
asked 5 minutes ago -
If organizations do not adapt fast enough and move incrementally
from the twentieth-century model to the...
asked 6 minutes ago -
A helium balloon with 2.5L of gas has a gauge pressure of 10,000
Pa. The balloon...
asked 10 minutes ago -
What is responsible for Jupiter's enormous magnetic field?
asked 25 minutes ago -
At the end of the year, a company offered to buy 5,000 units of
a product...
asked 26 minutes ago -
Implement C++ program for each of the following.
Let D = [-48, -14, -8, 0, 1,...
asked 47 minutes ago -
Consider a labor market in which LD = 400 – 4W and LS = 250 +...
asked 1 hour ago -
Let’s say you are teaching a typically-developing young child
how to eat with a spoon. Describe...
asked 44 minutes ago -
Ask Your Teacher A toy gun uses a spring to project a 5.6-g soft
rubber sphere...
asked 56 minutes ago -
*****DO NOT ANSWER THIS QUESTION IF YOU DON'T
KNOW*******
Question - PERSONAL DEVELOPMENT ESSAY and Detailed...
asked 1 hour ago