Ifth intere trate is 10%, what is the present value of a security that pays year...
If the interest rate is 10%, what is the present value of a security that pays you $1,125 next year, $1210 the year after, and $1339 the year after that? Present value is ? (round your repsonse to the nearest penny)
If the interest rate is 10%, what is the present value of a security that pays you $1,100 next year. $1,220 the year after, and $1,332 the year after that? Present value is $ 2798.97. (Round your response to the nearest penny.)
If the interest rate is 10%, what is the present value of a security that pays you $1,100 next year, sl 220 the year after, and S1338 the year after that? Present value is S(Round your response to the nearest penny)
with an annual interest rate of 10 percent the present value of a security that pays 1100 next year and 2929 four years from now is ? a- 1000 b- 2560 c 3000 d- 2000 with steps
This C 3 of 6 (2 complete) IS Question: 1 pt Calculate the present value of a $1,300 discount bond with 7 years to maturity if the yield to maturity is 5%. The present value is S (Round your response to two decimal places) This Question: 1 pt 4 of 6 (2 complete) What is the yield to maturity (YTM) on a simple loan for $1,000 that requires a repayment of $3,000 in five years' time? The yield to maturity...
A)What is the present value of a security that will pay $45,000 in 20 years if securities of equal risk pay 6% annually? Do not round intermediate calculations. Round your answer to the nearest cent. B)if you deposit $7,000 in a bank account that pays 5% interest annually, how much will be in your account after 5 years? Do not round intermediate calculations. Round your answer to the nearest cent. C)Your parents will retire in 24 years. They currently have...
Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 6 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest cent.) $ 2375701 X Need Help? To Me With a present value of $140,000, 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 6.7%, compounded quarterly? (Round...
Present value What is the present value of a security that will pay $20,000 in 20 years if securities of equal risk pay 12% annually? Round your answer to the nearest cent. Time for a lump sum to double How long will it take $500 to double if it earns the following rates? Compounding occurs once a year. Round each answer to two decimal places. a. 3% year(s) b. 9% year(s) c. 21%. year(s) d. 100%. year(s) Time for a...
If the Present value is (Round your response to the nearest penny) Definition Present Value Today's value of a payment to be received in the future when the interest rate is i Print Done
A)What is the present value of a security that will pay $47,000 in 20 years if securities of equal risk pay 8% annually? Do not round intermediate calculations. Round your answer to the nearest cent. B)Your parents will retire in 28 years. They currently have $210,000 saved, and they think they will need $1,300,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal...