onsider the following schedule: (Same Schedule as problém 8, Pepeated agan nere) nnual withdrawal of $500 for ten years Deposit of 10,000 at year 1 Another deposit of 15,000 at year 5. What is the equivalent future worth of above schedule? $31,392 B $34,392
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Answer the first picture question please. I posted the other question because it's based upon it.
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- You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.What is the present value of a stream of $800 cash payments, each to be made at the beginning of the next four years, with 10% annual compounding interest rate? Group of answer choices $4,084.08 $3,712.80 $2,789.48 $2,535.89What is the present value of a stream of $800 cash payments, each to be made at the end of the next four years, with 10% annual compounding interest rate? Group of answer choices $4,084.08 $3,712.80 $2,789.48 $2,535.89
- What is the future value (at the end of 8 years) of an annuity that pays $700 a quarter over 8 years with the payments invested at 9.3% per annum (assume compounding matches payment periods, common assumption for such problems)? (enter your answer in the following format 123456.78) Answer: Check1. Future Value For each of the cases shown in the following table, calculate the future value of the single cash flow deposited today and held until the end of the deposit period if the interest is compounded annually at the rate specified. Part Single CF Interest Rate Deposit Period (Years) PV I/Y N A $900 3% B $1200 6% C $16,000 9% D $40,000 10% 6 8 12 15How much will a $100 deposit made today be worth in 10 years if interest is compounded quarterly at an annual rate of 10%? Which of the follwing answers is right? A: $200 B: $259.37 C: $268.51 D: $271.79
- Please break down step by step how the circled figure was calculated. How did they get 6.41766? Annual withdrawal = $31,500 Period 10 years Interest rate= 9% S a) First withdrawal at year-end. Present value of cash flows = Annual withdrawal * present value of an rdinary annuity Present value of cash flows $31,500 x 6.41766 = $202,156.29 C Explanation: present value of an ordinary annuity 10 years, 9% = 6.41766 Present value of cash flows = $202,156Future values For the case shown in the following table, calculate the future value of the single cash flow deposited today and held until the end of the deposit period if the interest is compounded annually at the rate specified. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) The future value is $. (Round to the nearest cent.) Single cash flow $5,500 Interest rate 9% Deposit period (years) 14Classify the financial problem. Assume a 9% interest rate compounded annually. What annual deposit is necessary to give $10,000 in 6 years? A.future valueB.amortization C.sinking fundD.present valueE.ordinary annuity Answer the question. (Round your answer to the nearest cent.)
- What's the future value of $1,225 after 5 years if the appropriate interest rate is 6%, compounded monthly? a. $1,900.19 b. $1,652.34 c. $1,751.48 d. $1,371.44 e. $1,272.30Consider the following cash flows: Year Cash Flow 2 $ 22,900 3 40,900 5 58,900 Assume an interest rate of 9.7 percent per year. a. If today is Year 0, what is the future value of the cash flows five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If today is Year 0, what is the future value of the cash flows ten years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)At a 10% interest rate, what is the future sum at year 5, that is equivalent to the series of payments in the given cashflow: Year 1 Year 2 $1,400 $7,660 $7,616 $7,212 $1.320 $5,995 Year 3 $1,240 Year 4 $1,190 Year 5 $1,000