Find the present value of payments of $250 every six months starting immediately and continuing t...
Find the present value of payments of $250 every six months starting immediately and continuing through 6 years from the present, and $150 every six months thereafter through 15 years from the present. if i(2) = 5.5%.
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Find the present value of payments of $250 every six months starting immediately and continuing t...
Find the present value of an ordinary annuity with payments of $10,886 every 6 months for...
Find the present value of an ordinary annuity with payments of $10,886 every 6 months for 7 years at 6.0% compounded semiannually. What is the present value? (Round to the nearest cent.)
3. Find the present value of an annuity-due with payments of $1,800 every 6 months for...
3. Find the present value of an annuity-due with payments of $1,800 every 6 months for 8 years at a nominal rate of interest of 5% per annum compounded semian- nually. Answer: $24,086.48
Jean receives annuity payments at the end of every six months. If she deposits these payments...
Jean receives annuity payments at the end of every six months. If she deposits these payments in an account earning interest at 9% compounded monthly, what is the equivalent semi-annually compounded rate of interest? What sum of money must be deposited at the end of every 3 months into an account paying 6% compounded monthly to accumulate to $25,000 in 10 years? Irina deposited $150 in a savings account at the end of each month for 60 months. If the...
Jimbo will receive $X every 8 months, starting 10 months from today. He will receive these...
Jimbo will receive $X every 8 months, starting 10 months from today. He will receive these payments forever. His stated annual interest is 6%, compounded every two months. Find X if the present value of all of the payments is $75,000. I know the answers is c=$3,075.75 but I don't know how to solve it Can someone help me solve this without using excel?
Suppose the payment are only $16,000 each, but they are made every six months, starting six...
Suppose the payment are only $16,000 each, but they are made every six months, starting six months from now. what would be the future value if the ten payments were invested at 10.0 percent annual interest? if they were invested at BankSouth at 10.0 percent compounded semiannually?
Ruby will receive 12 payments of $X every six months, beginning six months from today. If...
Ruby will receive 12 payments of $X every six months, beginning six months from today. If the present value of all 12 payments is $3670, find the payment amount $X, given an effective annual interest rate of 9%. Select one: a. $490 O b. $400 c. $275 OOO o d. $325 e. $530 O Today, Sohla made a $1200 investment, which will pay 15% annual interest. How much MORE money will she have after seven years, if she earns compound...
Find the present value of an ordinary annuity with deposits of $9,078 every 6 months for...
Find the present value of an ordinary annuity with deposits of $9,078 every 6 months for 4 years at 9.6% compounded semiannually. What is the present value? $ (Round to the nearest cent.)
Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.) Find the...
Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.)
Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.)
P 6-2 (similar to) Question Help Assume that a bond will make payments every six months...
P 6-2 (similar to) Question Help Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods) Period 19 20 1 2 Cash Flows $19.09 $19.09+$1,000 $19.09 $19.09 a. What is the maturity of the bond (in years)? b. What is the coupon rate (as a percentage)? c. What is the face value? a. What is the maturity of the bond (in years)? The maturity is years. (Round to the nearest integer)
What is the value today of a money machine that will pay $1,417.00 every six months...
What is the value today of a money machine that will pay $1,417.00 every six months for 27.00 years? Assume the first payment is made six months from today and the interest rate is 11.00%. What is the value today of a money machine that will pay $4,146.00 per year for 35.00 years? Assume the first payment is made today and that there are 35.0 total payments. The interest rate is 6.00%. Derek will deposit $3,988.00 per year for 19.00...
Find the present value of an ordinary annuity with payments of $10,886 every 6 months for 7 years at 6.0% compounded semiannually. What is the present value? (Round to the nearest cent.)
3. Find the present value of an annuity-due with payments of $1,800 every 6 months for 8 years at a nominal rate of interest of 5% per annum compounded semian- nually. Answer: $24,086.48
Jean receives annuity payments at the end of every six months. If she deposits these payments in an account earning interest at 9% compounded monthly, what is the equivalent semi-annually compounded rate of interest? What sum of money must be deposited at the end of every 3 months into an account paying 6% compounded monthly to accumulate to $25,000 in 10 years? Irina deposited $150 in a savings account at the end of each month for 60 months. If the...
Ruby will receive 12 payments of $X every six months, beginning six months from today. If the present value of all 12 payments is $3670, find the payment amount $X, given an effective annual interest rate of 9%. Select one: a. $490 O b. $400 c. $275 OOO o d. $325 e. $530 O Today, Sohla made a $1200 investment, which will pay 15% annual interest. How much MORE money will she have after seven years, if she earns compound...
Find the present value of an ordinary annuity with deposits of $9,078 every 6 months for 4 years at 9.6% compounded semiannually. What is the present value? $ (Round to the nearest cent.)
Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.)
Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.)
P 6-2 (similar to) Question Help Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods) Period 19 20 1 2 Cash Flows $19.09 $19.09+$1,000 $19.09 $19.09 a. What is the maturity of the bond (in years)? b. What is the coupon rate (as a percentage)? c. What is the face value? a. What is the maturity of the bond (in years)? The maturity is years. (Round to the nearest integer)
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