A payment of $700 is due in 3 years, and $5,000 is due in 5 years. What single payment made today would be equivalent to these original payments? Assume that money earns 4.50% compounded quarterly. $0.00 Round to the nearest cent
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- If $84,000 is invested in an annuity that earns 5.2%, compounded quarterly, what payments will it provide at the end of each quarter for the next 5 1/2 years? (Round your answer to the nearest cent.)$_____Compute the present value of a perpetuity that pays $6,744 annually given a required rate of return of 9 percent per annum. Round your answer to 2 decimal places; record your answer without commas and without a dollar sign. Answer Question 4 Assume that you deposit $3,956 each year for the next 15 years into an account that pays 20 percent per annum. The first deposit will occur one year from today (that is, at t = 1) and the last deposit will occur 15 years from today (that is, at t = 15). How much money will be in the account 15 years from today? Round your answer to 2 decimal places; record your answer without commas and without a dollar sign.What equal payments in 2 years and 5 years would replace payments of $35,000 and $87,500 in 7 years and 9 years, respectively? Assume money can earn 4.68% compounded semi-annually. Round to the nearest cent
- You make an investment into a money market account at time T=0. In year T=5, the value of the money market account will be $5,000. The money market account pays an annual interest of R=6%, and interest is compounded on a quarterly basis. What is the present value of this account?9. A 6% compounded monthly has an equivalent rate of 1.2042%, how many times does it pay every year?Group of answer choices 5 2 3 4 11. How long in years will a certain sum of money to doubles its amount when deposited at a rate of 1% compounded bi-monthly?Group of answer choices 69.37 yrs 68.37 yrs 70.37 yrs 71.37 yrsIf $82,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it provide at the end of each quarter for the next 4 1/2 years? (Round your answer to the nearest cent.) Answer should be like ex. 3145.626 it should only be in the thousands
- Two payments of $5,000 are to be received four and eight months from now. a. What is the combined equivalent value of the two payments today if money can earn 6%? b.if the rate of interest money can earn is 4%, what is the payments' combined equivalent value today?4. What equal payments in 3 years and 5 years would replace payments of $42,500 and $92,500 in 7 years and 8 years, respectively? Assume money can earn 4.92% compounded monthly. Round to the nearest centIf (P) dollars are invested at the end of each year in an annuity that bears interest at an annual rate (r), the amount in the account will be (A) dollars after (n) years, where: n = log [Ar / P + 1] / log (1 + r) If $ 5,200 is invested each year in an annuity that earns 9% annual interest, when will the account be worth $ 25,000? Round to the nearest tenth.
- If you put up $45,000 today in exchange for a 6.4 percent, 15-year annuity, what will the annual cash flow be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Annual cash flowWhat is the present value of $4,000 paid each year forever, assuming a discount rate of 7% and the first payment occurs one year from now?You will receive a cash payment of $7554 in 8 years. If the relevant interest rate is 15.34%, how much is it worth today? Round to 2 decimal places. Include dollar signs ($) and percents (%) as appropriate.