Calculate the present value for the following. Round the answers to the nearest cent Compounding Frequency Present Nominal Time in Future Value Interest Rate Years Value 1. 5.25% quarterly 3 $13,150 2. 3.75% semi-annually 10 $22,000 3. 5.25% monthly 8 $13,200 4. 5.50% annually 8 $22,000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Question 9 of 10
Questions
qucstion I 12)
Calculate the present value for the following.
O Question 2 (2)
Round the answers to the nearest cent
O Question 3 (2)
Compounding
Frequency
Time in
Nominal
Interest Rate
Present
Future
O Question 4 (2)
Value
Years
Value
O Question 5 (1)
1.
5.25%
quarterly
3
$13,150
O Question 6 (2)
O Question 7 (3)
2.
3.75%
semi-annually
10
$22,000
O Question 8 (2)
3.
5.25%
monthly
8.
$13,200
O Question 9 (4)
O Question 10 (4)
4.
5.50%
annually
8
$22,000
Transcribed Image Text:Question 9 of 10 Questions qucstion I 12) Calculate the present value for the following. O Question 2 (2) Round the answers to the nearest cent O Question 3 (2) Compounding Frequency Time in Nominal Interest Rate Present Future O Question 4 (2) Value Years Value O Question 5 (1) 1. 5.25% quarterly 3 $13,150 O Question 6 (2) O Question 7 (3) 2. 3.75% semi-annually 10 $22,000 O Question 8 (2) 3. 5.25% monthly 8. $13,200 O Question 9 (4) O Question 10 (4) 4. 5.50% annually 8 $22,000
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