Sub : FinancePls answer ASAP.Dnt CHATGPT.I ll upvote. Thank You Present Value of a Perpetuity What's the present value, when interest rates are 6.70 percent, of a $170 payment made every year forever?Multiple ChoiceO $2,537.31$1,139.00$1,700.00O $11.39

The quantity of the regular cash flows is simply divided by the discount rate to get the present…

Answered: Present Value of a Perpetuity What's…

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 20E

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Present Value of an Annuity Ralph Benke wants to make 8 equal semiannual withdrawals of 8,000 from a fund that will earn interest at 11 % compounded semiannually. Required: How much would Ralph have to invest on: 1. January 1, 2019, if the first withdrawal is made on July 1, 2019 2. July 1, 2019, if the first withdrawal is made on July 1, 2019 3. January 1, 2019, if the first withdrawal is made on January 1, 2022
Value of an Annuity Using the appropriate tables, solve each of the following. Required: 1. Beginning December 31, 2020, 5 equal withdrawals are to be made. Determine the equal annual withdrawals if 30,000 is invested at 10% interest compounded annually on December 31, 2019. 2. Ten payments of 3,000 are due at annual intervals beginning June 30, 2020. What amount will be accepted in cancellation of this series of payments on June 30, 2019, assuming a discount rate of 14% compounded annually? 3. Ten payments of 2,000 are due at annual intervals beginning December 31, 2019. What amount will be accepted in cancellation of this series of payments on January 1, 2019, assuming a discount rate of 12% compounded annually?

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Present Value of a Perpetuity What's the present value, when interest rates are 6.70 percent, of a $170 payment made every year forever? Multiple Choice O $2.537.31 $1,139.00 $1,700.00 $11.39