Compute the present value of $1,350 paid in three years using the following discount rates: 5 percent in the first year, 6 percent in the second year, and 7 percent in the third year.
It keeps telling me that the answer is NOT 983.02.... Any help would be appreciated.
Compute the present value of $1,350 paid in three years using the following discount rates: 5...
Compute the present value of $600 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year.
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Compute the present value of $5,500 paid in two years using the following discount rates: 7 percent in the first year, and 6 percent in the second year. (Do not round intérmediate calculations. Round your answer to 2 decimal places.) Present value 17 20 <Prev Next MacBook Air 30.. 888.. % & 5 6 7 W R Y P S D F K V B N V *CO T L S4
Compute the present value of $5,500 paid in two...
Saved Help Save & Exit Submit Problem 4-13 Present Value with Different Discount Rates (LG4-4) Compute the present value of $1,200 paid in three years using the following discount rates: 5 percent in the first year, 6 percent in the second year, and 7 percent in the third year. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value
Compute the present value of $1,100 paid in three years using the following second year, and 9 percent in the third year. (Do not round Intermedlate calculations. Round your answer to 2 declmal places)
Compute the present value of $3,000 paid in four years using the following discount rates: 3 percent in year 1, 4 percent in year 2, 5 percent in year 3, and 6 percent in year 4
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Problem 4-14 Present Value with Different Discount Rates (LG4-4) Compute the present value of $4,700 paid in two years using the following discount rates: 9 percent in the first year, and 8 percent in the second year. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) points Present value Problem 5-19 Future Value of Multiple Annuities (LG5-2) Assume that you contribute $320 per month to a retirement plan for 20 years. Then you...
Problem 5-9 Present Value of a Perpetuity (LG5-5) What's the present value, when interest rates are 8.5 percent of a $90 payment made every year forever? (Round your answer to 2 decimal places.) Present value Problem 5-3 Future Value of an Annuity (LG5-2) What 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 Problem 5-31...
Determine the present value of $310,000 to be received in three years, using an interest rate of 5.5%, compounded annually. Use the present value table in Exhibit 8. Round to the nearest whole dollar. Determine the present value of $220,000 to be received at the end of each of four years, using an interest rate of 6%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 4. Round to the nearest whole dollar. First...