(a) What is the present value of $35,500 due 12 periods from now, discounted at 5%? (Round answer to 2 decimal places, eg 25.25.) Present value $ (b) What is the present value of $35,500 to be received at the end of each of 5 periods, discounted at 8%? (Round answer to 2 decimal places, eg. 25.25.) Present value $

(a) What is the present value of $35,500 due 12 periods from now, discounted at 5%? (Round answer to 2 decimal places, eg 25.25.) Present value $ (b) What is the present value of $35,500 to be received at the end of each of 5 periods, discounted at 8%? (Round answer to 2 decimal places, eg. 25.25.) Present value $

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA3: Time Value Of Money

Section: Chapter Questions

Problem 3CE

See similar textbooks

Similar questions

What is the present value of $4,010 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
What is the present value of $8,690 to be received at the end of each of 18 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
(b) What is the present value of $30,700 to be received at the end of each of 5 periods, discounted at 10%? (Round answer to 2 decimal places, e.g. 25.25.)
What is the present value of $8,590 due 8 periods hence, discounted at 6%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
What is the present value of 6 receipts of $3,170 each received at the beginning of each period, discounted at 9% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The present value $
1 year Treasury rates are 4%, while 2 year Treasury rates are 6%. What is the expected 1 year Treasury rate one year from today? answer format: show your answer to one decimal places. If your answer is, for example, 3.252%, then input 3.3 without the percent sign.
The total amount of money in an account with P dollars invested in it is given by the formula A=P+PrtA=P+Prt, where r is the rate expressed as a decimal and t is time (in years).If $525$⁢525 is invested at 14%14%, how much money will be in the account after 3030 months? Round your answer to two decimal places if necessary.
What is the value in year 4 of a $710 cash flow made in year 6 if interest rates are 9 percent? ( do not round intermediate calculations. Round your answer to 2 decimal places.)
Suppose you invest $1,500 in an account paying 6% interest per year. How much of this balance corresponds to interest on interest earned in the last (7th) period? (Dollar figures should be approximated to the nearest cent of a dollar, while rates should be expressed in percentage terms without using the "%" symbol and approximated to the nearest second decimal place.)
What is the present value of a $1,250 payment made in six years when the discount rate is 8 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
What is the future value of $7,790 at the end of 7 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
1. If the stated annual rate of interest compounded annually is 8% then what is the equivalent annual rate compounded daily? Pls show formula used. Final dollar answers should be rounded to two decimal places. Interest rate answers should be rounded to 6 decimal places if expressed as a decimal or 4 decimal places if expressed as a percent. Use timeline if necessary. No excel .Thanks!