2.8: Assuming that today's date is 1 January 2018, calculate the present value of each of the following: (a) £50,000 to be received on 1 January 2021 (b) £100,000 to be received on 1 January 2023 (c) £10,000 to be received on I January each year from 2019 to 2022 inclusive. Use a discount rate of 7% in each case.
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- How much would you invest today in order to receive $30,000 in each of the following (for further Instructions on present value In Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at 15% D. 19 years at 18%If I invested P300,000 last March 20, 2020 in a financial instrument that pays 8% per annum rate and was redeemed last January 9, 2021, how much will be the proceeds of the redemption using the following: Exact interest at approximate time Exact interest at actual time Ordinary interest at approximate time Ordinary interest at actual timeWhat is the present value of the following payment stream, discounted at 8% annually: $1,000 at the end of year 1, $2,000 at the end of year 2, and $3,000 at the end of year 3? Round to the nearest cent and show your work.
- A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually? P15,257.90 P33,500.39 P 28, 600.21 P36,548,19 Find the amount of an ordinary annuity of 20 semi-annual payments of P1, 000 if interest rate is 12% compounded semi-annually. P15,257.90 P33,567.21 P 38, 678.15 P36,785.59Assume that time today is Dec. 13, 2022. Determine what is being asked in each problem.1. How much is the value of ₱50,000 on Mar. 13, 2020 assuming annual compound discount of 4 3/8%?2. Determine the value of ₱10,000 on Sep.13, 2023 at an interest of 6.4% convertible quarterly .3. Determine the value of ₱20,000 on Apr. 13, 2022 if interest is 6% compounded monthly.Use the present value tables to answer the following questions. Required:1) What is the present value of a $100,000 loan issued on January 1, 2020, due on January 1, 2025, discounted at 14% compounded annually? 2) What is the present value of a $100,000 loan issued on January 1, 2020, due on July 1, 2025, discounted at 16% compounded quarterly? 3) How much is the difference between the face amount of $25,000 and the present value of $25,000 due at the end of sevenyearsat9%compoundedannually?
- Use the following 10% present value factors: N 1: 0.9091 N = 2: 0.8264 N= 3: 0.7513 Assume you wish to receive $1,000 at the end of two years. Assuming an interest rate of 10% what amount would you need to deposit todayin order to receive the S1, 000? Round to the nearest penny if necessary.Give typing answer with explanation and conclusion 1) Marigold Corp. will receive $35,000 today (January 1, 2020), and also on each January 1st for the next five years (2021 – 2025). What is the present value of the six $35,000 receipts, assuming a 6% interest rate? Group of answer choices $210,000.00 $182,432.73 $172,106.35 $258,784.321. Ariz invested RM6,200 into an investment scheme on 12 January 2020. The scheme offered a simple interest rate of 6% per annum. By using ordinary simple interest, find the accumulated amount received by Ariz after 180 days.
- Treating each as a separate event answer the following: A. If $12,000 is deposited annually starting on January 1, 2020 and it earns 9%, how much will accumulate by December 31, 2029? B. Calculate the future value of an annuity due of $12,000 for 10 periods at 9% C. Steve Milner borrowed $120,000 on July 1, 2020. This amount plus accrued interest at 8% compounded semiannually is to be repaid in total on July 1, 2030. To retire this debt, Milner plans to contribute to a debt retirement fund five equal amounts starting on July 1, 2025 and continuing for the next four years. The fund is expected to earn 6% per annum. Compute how much must be contributed each year by Steve Milner to provide a fund sufficient to retire the debt on July 1, 2030? D. Andrea is 40 years old today and she wishes to accumulate $2,000,000 by her sixty fifth birthday so she can retire to a beach in Florida. She wishes to accumulate this amount by making equal deposits on her fortieth through her sixty fourth…An investor invests the following amounts of money in banks account R18850 on 1 September 2019,R15575on 31 May 2021 and R19465 ON 1 FEBRUARY 2023.From 1 October 2021 up to 30 April 2023 an amount of R980 invested at the start of every month. From 1 July 2020 up to 31 March 2022 an amount of RX is invested at the end of each quarter. On 1 January 2019 the total present value of all the investments is R75998,34.If the interest rate is 8,75% per year, Calculate the value of X?An investor will receive Shs 20,000, Shs 15,000 and Shs 30,000 at the end of years one, two and three from today respectively and leave a balance of Shs 1,000. If the rate of interest during years one and three is 8 % per annum and 13% per annum respectively, and the present value of the cashflows is Sha 60,000, what is the rate of interest in year two
