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Finance math problems 6 You plan to deposit $4,500 at the end of each of the...
Please help me! finance McCann Co. has identified an investment project with the following cash flows Year Cash Flow 2 3 4 $530 690 875 1,090 nts eBook Hint Print eferences a. If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) and round your answer to 2 decimal places, e.g., 32.16.) and round your answer to 2 decimal...
You plan to deposit $6,100 at the end of each of the next 15 years into an account paying 11.3 percent interest. a. How much will you have in your account if you make deposits for 15 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 30 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,...
7. 10.00 points value If you deposit $5,100 at the end of each of the next 25 years into an account paying 10.30 percent interest, how much money will you have in the account in 25 years? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16) Future value How much will you have if you make deposits for 50 years? (Do not round intermediate calculations and round your final answer to 2 decimal...
Assume you deposit $4,800 at the end of each year into an account paying 11.5 percent interest a. How much money will you have in the account in 25 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 50 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Book erences / a. Future value b....
You want to buy a new sports coupe for $74,300, and the finance office at the dealership has quoted you a loan with an APR of 6.7 percent for 72 months to buy the car. a. What will your monthly payments be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the effective annual rate on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded...
Compute the future value in year 9 of a $3,900 deposit in year 1, and another $3,400 deposit at the end of year 5 using a 9 percent interest rate. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future valueWhat is the future value of a $990 annuity payment over five years if interest rates are 9 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future value"What...
value: 1.00 points Problem 5-4 Calculating Annuity Present Values [LO An investment offers $7,600 per year for 16 years, with the first payment occurring one year from now. Assume the required return is 9 percent. What is the value of the investment today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Present value What would the value be if the payments occurred for 41 years? (Do not round intermediate calculations and round your...
You have $51,983.14 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $250,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number. years What's the future value of an 8%, 5-year ordinary annuity that pays $100 each year? If this was an annuity due, what would its future...
Problem 6-4 Calculating Annuity Present Value [LO1] An investment offers $6,400 per year for 15 years, with the first payment occurring on year from now. If the required return is 6 percent, what is the value of the investment? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g. 32.16.) Present value What would the value be if the payments occurred for 40 years? (Do intermediate calculations and round your final answer to 2 decimal...
A five-year annuity of ten $5,900 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. The discount rate is 8 percent compunded monthly. a. What is the value of this annuity five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the value three years from now? (Do not round intermediate calculations and round your answer to 2 decimal places,...