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Present Values
Required:
Note: Round answers to two decimal places. Determine the:
a. present value of a single $14,000 cash flow in 7 years if the interest (discount) rate is 8% per year.
b. number of periods for which $5,820 must be invested at an annual interest (discount) rate of 7% to produce an investment balance of $10,000.
c. size of the annual cash flow for a 25-year annuity with a present value of $49,113 and an annual interest rate of 9%. One payment is made at the end of each year.
d. annual interest rate at which an investment of $2,542 will provide for a single $4,000 cash flow in 4 years.
e. annual interest rate earned by an annuity that costs $17,119 and provides 15 payments of $2,000 each, one at the end of each of the next 15 years.
(a)
Introduction:
Compound interest considers the time value of money. Present value of Cashflow means the amount that should be invested to earn a specific amount on a specific date.
To calculate:
Present Value.
Cash Flow (f) = $14,000
No. of periods = 7
Interest Rate = 8% p.a.
PV = Present Value
PV = (f)(PV of a single ...
(b)
Introduction:
Compound interest considers the time value of money. Present value of Cashflow means the amount that should be invested to earn a specific amount on a specific date.
To calculate:
No. of periods.
(c)
Introduction:
Compound interest considers the time value of money. Present value of Cashflow means the amount that should be invested to earn a specific amount on a specific date.
To calculate:
Annual Cashflow.
(d)
Introduction:
Compound interest considers the time value of money. Present value of Cashflow means the amount that should be invested to earn a specific amount on a specific date.
To calculate:
Interest rate.
(e)
Introduction:
Compound interest considers the time value of money. Present value of Cashflow means the amount that should be invested to earn a specific amount on a specific date.
To calculate:
Interest rate.
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