Find the present value of an annuity of $2,000 payable at the end of each year for 10 years, if the money is worth 4% rate of interest per year.
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- What is the present value of $500.00 to be paid in two years if the interest rate is 4%. $_____ (round to the nearest integer, no decimal point).At an interest rate of 12%, what is the present value of an asset that produces $800 a year in perpetuity?Calculate the effective annual rate of interest which is equivalent to an effective rate of interest of 2.2% paid every 5 years (correct answer = 0.43618, no tables, ONLY formulas, please)
- What is the present value of $500.00 to be paid in two years if the interest rate is 4%? $ _____(round to the nearest integer, NO decimal point). Question 22 options:2.e If $300 is earned in three months on an investment of $12,000,what is the annual rate of simple interest? include a cash flowWhat will be the amount due on February 10, 2022, if the present value on July 17, 2021 is ₱10,100 at 2 2/5% simple interest? (round off to 2 deccimal places)
- How much money must you invest today in order to withdraw ₱ 14,766 annually for6 years if the interest rate is 2.24% if payments are done every beginning of the month?Five years ago you invested $18,242. What is the current value of that investment if you use a 5% market interest rate?The market for a product is expected to increase at an annual rate of 6%. First-year sales are estimated at $45,000, the horizon is 12 years, and the interest rate is 8%. What is the present value?
- Cash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 5% is $.(Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 7%interest rate, the present value of the loan is $.(Round your response to the neareast two decimal place)Cash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 5% is $. (Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 7% interest rate, the present value of the loan is $. (Round your response to the neareast two decimal place)Melissa agrees to contribute $500 to the alumni fund at the end of each year for the next 4 years. Shannon wants to match Melissa's gift, but he wants to make a lump-sum contribution. If the current interest rate is 2.5% compounded annually, how much should Shannon cortribute to equal Melissa's gift? (Round your answer to the nearest cent.)