Answer the two questions please 1- You are planning to withdraw $100 in Year 1, $150in Year 3, and $200 in Year 5. At a 5% interest rate, what is the present worth of these withdrawals?
Answer the two questions please 1- You are planning to withdraw $100 in Year 1, $150in Year 3, and $200 in Year 5. At a 5% interest rate, what is the present worth of these withdrawals?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 4MC: Refer to the present value table information on the previous page. What amount should Brett have in...
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Answer the two questions please
1- You are planning to withdraw $100 in Year 1, $150in Year 3, and $200 in Year 5. At a 5% interest rate, what is the present worth of these withdrawals?
2-If you plan to invest EOY 2 $4000, then what would this be equivalent to EOY 4 years? Assume i = 6%.
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