If the discount rate is 19%, what is the present value of 3500 USD received at the end of each year for 23 years?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 17P
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If the discount rate is 19%, what is the present value of 3500 USD received at the end of each year for 23 years?
  • a) 
     
     12450.5
  • b) 
     
     10000.5
  • c) 
     
     17500
  • d) 
     
     25000
  • e) 
     
     18084.5

=================

What is the market value of Beril Gıda A.Ş.'s bond with a nominal value of USD 12,000, maturity of 5 years, with an annual interest payment of 25%, and the desired return rate of 24%?
  • a) 
     
     10250
  • b) 
     
     12327
  • c) 
     
     5427
  • d) 
     
     20000
  • e) 
     
     17500

==================

12000 USD over the 12% interest deposited in the bank at the end of each year, how many USD will it reach at the end of the 15th year?
  • a) 
     
     234356.4
  • b) 
     
     375000
  • c) 
     
     634356.5
  • d) 
     
     447356.4
  • e) 
     
     250225.5
  •  
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