At 9% effective annual interest, what is the present worth of $125,000 that becomes available in eighteen years?
At 9% effective annual interest, what is the present worth of $125,000 that becomes available in...
Please use this formula: 9. A perpetuity will pay X every year. The effective annual interest rate is 7.5%. The present value of this perpetuity 4 years before the first payment is 125,000. Find X. We were unable to transcribe this image
9-13 Calculate the present worth and the future worth of a series of 15 annual cash flows with the first cash flow equal to $15,000 and each successive cash flow increasing by $750. The interest rate is 6%. 9-19
At what effective annual rate of interest i would the present value of $3000 a of 3 years plus $6000 at the end of 6 years be equal to $7118.51. 3000
7. The effective annual interest rate is 1 5%. What is the effective interest rate for two years (accumulated over 2 years with interest over interest)? What is the effective interest rate for ten years (accumulated over 10 years with interest over interest)? a. b. c. Assume interest is compounded monthly. What is the monthly interst rate? d. What is the simple annual interest rate? e. What is the simple interest rate for 2 years? For 10 years?
Question 9 he an interest rate of 10% Match the closest correct answers for the below questions What is the present worth of base amount? A (896,020 What is the present worth of gradient amount? ($80,144 B :How much should be set aside now to pay for the purchase of the systerm and the maintenance cost? D. 5506,936 E. $491,570 F ($426.792] G [S15.000 Δ Moving to another question will save this response. Question 10 The present worth of an...
With a present value of $125,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money is worth 7.7%, compounded quarterly? (Round your answer to the nearest cent.)
9. You are offered an investment with a quoted annual interest rate of 6.75% with quarterly compounding of interest. What is your effective annual interest rate? 10. You are offered an annuity that will pay $15,000 per year for 20 years (the first payment will occur one year from today). If you feel that the appropriate discount rate is 3%, what is the annuity worth to you today? 11. If you deposit $6,500 per year (each deposit is made at...
What is the present value of a $600,000 10-year Bond with annual interest payments of $54,000 (contract rate of 9%) assuming an effective rate of 10%?
At what effective rate of interest will the present value of $1,400 at the end of three years and $800 at the end of six years be equal to $1,500?
What is the present worth of a machine with an initial cost of $41,000, an annual cost of $6,000 per year, a salvage value of + $12,000, a useful life of 7 years, and a financing cost rate of 5% per year?