Question

Find the following values. Use proper documentation and round to two decimal place.: 1. The future...

Find the following values. Use proper documentation and round to two decimal place.:

1. The future value of a lump sum of $12,500 invested today at 8 percent, annual compounding for 10 years.

2.. The future value of a lump sum of $12,500 invested today at 8 percent, quarterly compounding for 10 years.

3. The present value of $12,500 to be received in 10 years when the discount rate is 8 percent, annual compounding.

4. The present value of $12,500 to be received in 10 years when the discount rate is 8 percent quarterly compounding.

5. What is the present value of an ordinary annuity who pays $3,400 per year for 20 years at 9 percent?

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

1)

Please rate Thumbs up

Add a comment
Know the answer?
Add Answer to:
Find the following values. Use proper documentation and round to two decimal place.: 1. The future...
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
  • Question (2): (1x5-5 Marks) 1- Calculate the future value of $12,000 invested today for 3 years...

    Question (2): (1x5-5 Marks) 1- Calculate the future value of $12,000 invested today for 3 years if your investment pays 8% compounded semiannually (1.0 Mark) 2- Calculate the present value of $9,000 received 6 years from today if your investment pays 12% compounded quarterly. (1.0 Mark) (3.0 Marks) 3- Calculate the present value of the following annuity stream: a) Ordinary annuity of $5,000 received each year for 5 years if your investment pays 5% (Imark) compounded annually. b) Ordinary annuity...

  • 1. Calculate the present value of $50,000 to be received in 15 years assuming an annual...

    1. Calculate the present value of $50,000 to be received in 15 years assuming an annual interest rate of 6%. 2. Calculate the present value of $1,000,000 to be received in 20 years assuming an annual interest rate of 5%, compounded monthly. 3. Calculate the future value of $1,000 invested for 5 years assuming an annual interest rate of 20%. 4. Calculate the future value of $12,000 invested for 18 years assuming an annual interest rate of 12%, compounded monthly....

  • 10. Problem 5.10 (Present and Future Values for Different Interest Rates) eBook Find the following values....

    10. Problem 5.10 (Present and Future Values for Different Interest Rates) eBook Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 10 years at 8%. b. An initial $800 compounded for 10 years at 16%. c. The present value of $800 due in 10 years at 8%. $ d. The present value of $2,300 due in 10 years at 16% and 8%. Present value...

  • 5.10 eBook Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your...

    5.10 eBook Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $500 compounded for 10 years at 10%. $   b. An initial $500 compounded for 10 years at 20%. $   c. The present value of $500 due in 10 years at 10%. $   d. The present value of $1,140 due in 10 years at 20% and 10%. Present value at 20%: $   Present value at 10%: $  ...

  • 5.10 Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers...

    5.10 Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $600 compounded for 10 years at 5%. $   b. An initial $600 compounded for 10 years at 10%. $   c. The present value of $600 due in 10 years at 5%. $   d. The present value of $2,470 due in 10 years at 10% and 5%. Present value at 10%: $   Present value at 5%: $   e....

  • Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to...

    Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $300 compounded for 10 years at 9%. b. An initial $300 compounded for 10 years at 18%. c. The present value of $300 due in 10 years at 9%. d. The present value of $1,085 due in 10 years at 18% and 9%. Present value at 18%:$ Present value at 9%:$ e. Define present value. I. The present...

  • Click here to read the eBook Future Values Click here to read the eBook: Present Values...

    Click here to read the eBook Future Values Click here to read the eBook: Present Values PRESENT AND FUTURE VALUES FOR DIFFERENT PERIODS Find the following values using the equations and then a financial calculator Compounding/discounting cours annually. Do not round Intermediate calculations. Round your answers to the nearest cent An initial $400 compounded for 1 year at b. An initial $400 compounded for 2 years at 6% c. The present value of $400 due in 1 year at a...

  • hello. i need some help in this. Name: Calculation of Present Value of a Lump Sum...

    hello. i need some help in this. Name: Calculation of Present Value of a Lump Sum You have been offered a security investment such as a bond that will pay you Php 10,000 at the end of 6 years in exchange for a fixed payment today, the appropriate annual interest rate on the investment is 12% compounded annually, what is the present value of the investment? Calculation of Future Value of a Lump Sum You plan to invest Php 10,000...

  • a) What’s the future value of $100 after 3 years if it earns 8%, annual compounding?...

    a) What’s the future value of $100 after 3 years if it earns 8%, annual compounding? b) What’s the present value of $100 to be received in 3 years if the interest rate is 8%, annual compounding? c) What annual interest rate would cause $1,000 to grow to $2,000 in 8 years? d) If a company’s sales are growing at a rate of 7.2% annually, how long will it take sales to double?. e) What is the present value of...

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