2. Investment X offers to pay you $1461 per year for 19 years, whereas Investment Y offers to pay you $6073 per year for 6 years. Both investments have a discount rate of 12.1%. Calculate the present value for Investment Y.
3. First National Bank charges 11.13 % compounded monthly on its business loans. First United Bank charges 11.83%, compounded semiannually. Calculate the EAR for First National Bank.
I can only answer 1 question at a time, so I am solving question 2. Attached is the image containing formula and calculations.
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2. Investment X offers to pay you $1461 per year for 19 years, whereas Investment Y...
1. Investment X offers to pay you $3997 per year for 18 years, whereas Investment Y offers to pay you $9988 per year for 5 years. Both investments have a discount rate of 5.0%. Calculate the present value for Investment X. 2. Investment X offers to pay you $1461 per year for 19 years, whereas Investment Y offers to pay you $6073 per year for 6 years. Both investments have a discount rate of 12.1%. Calculate the present value for...
Investment X offers to pay you $1629 per year for 14 years, whereas Investment Y offers to pay you $7373 per year for 4 years. Both investments have a discount rate of 10.6%. Calculate the present value for Investment X.
Investment X offers to pay you $5,900 per year for nine years, whereas Investment Y offers to pay you $8,600 per year for five years. a. Calculate the present value for Investments X and Y if the discount rate is 4 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the present value for Investments X and Y if the discount rate is 14 percent (Do not round intermediate calculations and round your...
Investment X offers to pay you $5,500 per year for nine years, whereas Investment Y offers to pay you $8,000 per year for five years. a. Calculate the present value for Investments X and Y if the discount rate is 5 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the present value for Investments X and Y if the discount rate is 15 percent. (Do not round intermediate calculations and round your...
Investment X offers to pay you $4,900 per year for nine years, whereas Investment Y offers to pay you $7,600 per year for five years. a. Calculate the present value for Investments X and Y if the discount rate is 4 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the present value for Investments X and Y if the discount rate is 14 percent. (Do not round intermediate calculations...
Investment X offers to pay you $4,800 per year for nine years, whereas Investment Y offers to pay you $6,900 per year for five years. Calculate the present value for Investments X and Y if the discount rate is 6 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment X Investment Y Calculate the present value for Investments X and Y if the discount rate is 16 percent. (Do not...
First National Bank charges 11.13 % compounded monthly on its business loans. First United Bank charges 11.83%, compounded semiannually. Calculate the EAR for First National Bank.
Investment X offers to pay you $4,700 per year for eight years, whereas Investment Y offers to pay you $6,800 per year for five years. (Use a Financial calculator to arrive at the answers. Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.) Calculate the present value for Investment X and Y if the discount rate is 5%. Calculate the present value for Investment X and Y if the discount rate is 15%.
Investment X offers to pay you $3,902 per year for 9 years, whereas Investment Y offers to pay you $5,199 per year for 6 years. What is the dollar difference (higher minus lower) in the present values of these two cash flow streams if the discount rate is 7.32 percent? Answer to two decimals.
Investment X offers to pay you $7,900 per year for 9 years, whereas Investment Y offers to pay you $10,800 per year for 5 years. a. If the discount rate is 8 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. If the discount rate is 20 percent, what is the present value of these cash flows? (Do not round intermediate calculations and...