Find the present value of $4,600 under each of the following rates and periods: (Round your final answer to the nearest penny.) a. 8.9 percent compounded monthly for five years. Present value   $  b. 6.6 percent compounded quarterly for eight years. Present value   $  c. 4.3 percent compounded daily for four years. Present value   $  d. 5.7 percent compounded continuously for three years. Present value   $

Q: The future value of an annuity of $1,000 each quarter for 10 years, deposited at 12 percent…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: What equal annual payment series is requiredto repay the following present amounts?(a) $14,000 in…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: Find the present value of the following (1) a single payment of $12,000 at 6 percent for 12 years,…

A: 1. Present value = $12000 x PVIF (6%, 12 years) = $12000 x 0.49697 = $5,963.63

Q: What is the present worth of the followingseries of payments?(a) $1,500 at the end of each year for…

A: A series of recurring fixed payments over a particular period of time is called as annuity. To…

Q: The owner of Oak Hill Squirrel Farm deposits $2,000 at the end of each quarter into an account…

A: In the given question we need to compute the future value after 9 years, 6 months.

Q: Starting three years from today, you make equal annual deposits of $5,000 into an account which…

A: Effective annual rate is calculated using the formula: EAR=1+rmm-1=1+12%22-1=1.062-1=12.36%

Q: Suppose a certain manufacturer deposits $3,000 at the beginning of each 3 month period for 8 years…

A: Gien Information, Deposit = $3,000 Interest Rate = 8% Compounding Frequency = quarterly    Formula…

Q: Find the present value and the compound discount of $6 600.00 due in seven years, three months, if…

A: It is given that,Future value is $6,600.Interest rate is 7.2% compounded quarterly. So, interest…

Q: 9-14Find the present value of $500 due in five years under each of the following conditions: a. 12…

A:

Q: Eric Coleman invested $2500 four times a year in an annuity due at Southern Trust Company for a…

A: The Future Value of Annuity Due is the total future value of each cash flow which is made at the…

Q: Determine the value at the end of five years of a $7,000 investment (today) in a bank certificate of…

A: Future Value = Present Value * (1+rate)^n Where, Rate = 9%/2 = 0.045 n = no. of compounding period =…

Q: Present Value of an Annuity Determine the present value of $340,000 to be received at the end of…

A: Present value will be calculated with the help of present value of $1 table and present value of an…

Q: A payment of $4,500 was made into an account at the end of every 3 months for 12 years. a. If the…

A: a) P = 4,500 + 4,500 = 9,000 r= 6% t= 5 n= 12 Future value = P1+rnnt= 9,0001+0.061260=…

Q: 9-14 Find the present value of $500 due in five years under each of the following conditions: 12…

A: Calculate the present value annuity due if 12 percent simple rate, compounded annually as follows:…

Q: Interest for the first 10 years is credited at a nominal discount rate of d compounded semi -…

A: This is a problem involving the application of present and future value of cashflows. The future…

Q: The owner of Sebastopol Tree Farm deposits $450 at the end of each quarter into an account paying…

A: Future value of a present value is the value of that amount after taking into account the time value…

Q: a) Determine the present equivalent value of $10,000 paid every three months over a period of seven…

A: The present value is the addition of the discounted values of the future payments.

Q: Present Value of an Annuity Determine the present value of $240,000 to be received at the end of…

A: a) Compute the present value using the present value  table:   Year Amount received Present value…

Q: The company sells products to a customer for $60,000 and will receive $15,000 at the end of the…

A: Time value of money is the concept that states that the value of money have more worth than the same…

Q: Calculate the present value of $5,000 received five years from today if your investments pay: 6…

A: Given:

Q: Calculate the compounded interest after 7 years and 9 months if 500,000 is placed at an annual rate…

A: a) Amount invested (A) = 500,000 n = 7 years 9 months = 93 months r = 11.28% per annum = 0.94% per…

Q: Find the present value of $500 due in five years under each of the following conditions: 12 percent…

A: We need to use the concept of time value of money to solve the question. According to the concept of…

Q: Margaret Hillman invested $7,000 at 1.8% compounded quarterly for one year. Find the future value…

A: GIVEN THAT,   Amount invested (P) = $7000 compounding = 4times a year = 1/4 rate of interest = 1.8%…

Q: What is the present worth of each given series of payments?(a) $12,000 at the end of each year for…

A: a) Hence, the present worth is $15315.38. b) Hence, the present worth is $45327.06.

Q: Dind the future value of $12,308 deposited at 10% compunded quarterly for 3 years. Round your answer…

A: Given that, Present Value (PV)=$12,308 Duration(n)=3*4=12 periods Rate of interest(i)=10%/4=2.5% or…

Q: Present Value of an Annuity Determine the present value of $110,000 to be received at the end of…

A: Formula: Present value annuity = Yearly annuity amount x Annuity factor. Multiplying annuity factor…

Q: Find the present value of $800 due in the future under each of these conditions: A.  14% nominal…

A: A. Present value = Future value / (1+ rate)^years Present value = $800 / (1+(14%/2))^(10*2) Present…

Q: An amount of 50,000 was borrowed at an interest rate of 10% per year and repaid over a 5-year period…

A: Present value of all of future payments considering the interest rate and time period should be the…

Q: Calculate the future sum of $1,000, given that it will be held in the bank for 5 years earning an…

A: Future value is the value of the current assets or some amount that is invested today and amount…

Q: Calculate the future value of $15,000 received today and deposited for eight years in an account…

A: Future value is the accumulated value of an investment. It is the total of the initial deposit and…

Q: Find the present value of $500 due in five years under each of the following conditions: a. 12…

A: The question is asking about the present value of $ 500 due after 5 year at discount rate 12% but in…

Q: The owner of Oak Hill Squirrel Farm deposits $3,000 at the end of each quarter into an account…

A: This question require us to compute the value at the end of 6 years, 6 months from following…

Q: Compare the interest earned by $9,000 for five years at 8% simple interest with interest earned by…

A: Time value of money- It is based on the concept that money earned today is worth more than similar…

Q: Determine the present value of $170,000 to be received at the end of each of four years, using an…

A: Solution a:   Amount PV Factor Present Value First Year $170,000.00 0.94787 $161,138 Second…

Q: Cameron deposited $1,400 at the end of every month into an RRSP for 8 years. The interest rate…

A: As per the given information: Amount deposited at the end of every month into an RRSP for 8 years -…

Q: alculate the future value in six years of $8,000 received today if your investme termediate…

A: Future value includes the compounding interest rate that grow with time and interest rate.

Q: Determine the present value of $210,000 to be received at the end of each of four years, using an…

A: Formula: Present value of Amount = yearly Amount x PV factor  Multiplying yearly amounts with PV…

Q: Find the accumulated value of $3,500 at the end of 10 years at an annual effective interest rate of…

A: Accumulated value =$3,500(1+0.049)3(1-0.052)7 =$3,500(1.1543)(0.6881)=$2,779.9584

Q: The owner of Oak Hill Squirrel Farm deposits $2,000 at the end of each quarter into an account…

A: Quarterly deposit (P) = $2,000 Interest rate = 1.5% Quarterly interest rate (i) = Interest rate/4 =…

Q: Calculate the present value of $5,000 received five years from today if your investments pay 6…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: Determine the present value of $200,000 to be received at the end of each of four years, using an…

A:

Q: Find the present value

A: Time value of money (TVM) means that the amount of money received today will be worth more than…

Q: Present Value of an Annuity Determine the present value of $120,000 to be received at the end of…

A: ANSWER A) COMPUTATION OF PRESENT VALUE IN EACH  4 YEAR First year $ 114286 Second year $ 108844…

Q: Determine the present value of $320,000 to be received at the end of each of four years, using an…

A: Given information: Annual amount is $320,000 Interest rate is 6% Number of years is 4

Q: Determine how much is in each account on the basis of the indicated compounding after the specified…

A: As per the guidelines we are allowed to solve the first three parts only The account value can be…

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.