5. If the discount rate is 7%, then the present value of $40,000 that you expect to get after 15 years is (a) $14,497.84 (c) $106,400.80 (b) $15,037.48 (d) $110,361.26

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14. What is the present value of $500 per year, at a discount rate of 8.25 percent, if the first payment is received 8 years from now and the last payment is received 18 years from now? Question 14 options: $1,944 $1,761 $2, 126 $2,025 $2, 166 18. What is the Present Value of $100,000 to be received in 22 years, assuming a discount rate of 11% Question 18 options: 10,066.87 14, 447.44 7,582.41 8, 994.34 12, 257.83

Assuming a discount rate of 6%, what is the future value of 100,000 per year for 12 years if the payments occur at the beginning of each period?   Question 6 options:   $1,619,514   $1,588,474   $1,686,994   $1,805,084   $1,788,214

Present Value of Amounts Due Assume that you are going to receive $730,000 in 10 years. The current market rate of interest is 4.5%. a. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually. Round to the nearest whole dollar. b. Why is the present value less than the $730,000 to be received in the future? The present value is less due to the compounding of interest V over the 10 years.

4. If you receive $116 each month for 28 years and the discount rate is 0.08, what is the present value? (show the process and can use financial calculator)

(Present-value comparison) You are offered $1,300 today, $6,000 in 10 years, or $26.000 in 23 years. Assuming that you can earn 9 percent on your money, which offer should you choose? a. What is the present value of $26,000 in 23 years discounted at 9 percent interest rate? (Round to the nearest cent) b. What is the present value of $6,000 in 10 years discounted at 9 percent interest rate? $(Round to the nearest cent) c. Which offer should you choose? (Select the best choice below) OA. Choose $6,000 in 10 years because its present value is the highest OB. Choose $1,300 today because its present value is the highest OC. Choose $26.000 in 23 years because its present value is the highest Com