Annual Payment received = $10,000
Period = 16 years
Interest Rate = 16%
Present Value = $88,513.69
Please show your work! Suppose you will receive payments of $10,000 at the end of each...
Suppose you will receive payments of $3,000 at the beginning of the next 15 years (i.e., the first payment is today). What is the present value of all the payments? The interest rate is 13%. Enter your response below (rounded to 2 decimal places). Number
Suppose you take out a car loan that requires you to pay $9,000 now, $3,000 at the end of year 1, and 56,000 at the end of year 2. The interest rate is 1% now and increases to 7% in the next year. What is the present value of the payments? Enter your response below rounded to 2 decimal places Number Suppose you will receive payments of $2,000, S7,000, and $8,000 in 3, 6, and 7 year(s) from now, respectively....
1. Suppose that you will receive annual payments of $20,000 for a period of 10 years. The first payment will be made 5 years from now. If the interest rate is 5%, what is the present value of this stream of payments? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. The $47.5 million lottery payment that you have just won actually pays $1.9 million per year for 25 years. The interest rate is 10%. a....
Please show work! Suppose a condo generates $19,000 in cash flow in the first year. If the cash flows grow at 2% per year, the interest rate is 8%, and the building will be torn down in 20 years (the building is worthless after 20 years), what is the present value of the condo's cash flow? Enter your response below (rounded to 2 decimal places). Number
What is the correct answer? Suppose that you will receive annual payments of $18,500 for a period of 10 years. The first payment will be made 8 years from now. If the interest rate is 6%, what is the present value of this stream of payments? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ 85,429.48
Suppose for an investment of 10,000 you will receive payments at the end of each of the next four years in the amounts 2000, 3000, 4000 and 3000. What is the rate of return per year? (Use Newton's Method)
Suppose that you will receive annual payments of $13,000 for a period of 10 years. The first payment will be made 5 years from now. If the interest rate is 7%, what is the present value of this stream of payments? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value
Please show work! You are planning for your retirement in 20 years. At that time you want to have saved $19,500,000. How much do you need to save each quarter for the next 20 years if the interest rate on your investment will be 7% per year (APR)? Enter your response below (rounded to 2 decimal places). Number
Suppose you receive $120 at the end of each year for the next three years. a. If the interest rate is 8%, what is the present value of these cash flows? b. What is the future value in three years of the present value you computed in (a)? c. Suppose you deposit the cash flows in a bank account that pays 8% interest per year What is the balance in the account at the end of each of the next...
Del Monty will receive the following payments at the end of the next three years: $15,000, $18,000, and $20,000. Then from the end of the 4th year through the end of the 10th year, he will receive an annuity of $21,000 per year. At a discount rate of 16 percent, what is the present value of all three future benefits? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value of all future benefits = $____