For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Cash Flow Present Value Years Interest Rate $ 7,600.46 $ 33,100 6 10 % $ 30,700 8 8 $ 170,000 17 13 31,256.42 $ 243,300 24 12
For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Cash Flow Present Value Years Interest Rate $ 7,600.46 $ 33,100 6 10 % $ 30,700 8 8 $ 170,000 17 13 31,256.42 $ 243,300 24 12
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Middle two quesions please. Thank you.
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Step 1
The net present value is a very common and one of the most important terminologies used in accounting in finance. The net present value simply means the present value of future cash inflows reduced by future cash outflows. In modern accounting, financial reporting is based on the present value concept. Present value annuity factor and present value factor are the two most important concepts of present value.
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