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- The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 0.15 per year is closest to, Note: The given interest is alreacy in decimal form. Do not round in between solution. Final answer round to the nearest whole number. No need put comma and UOM (unit of measure).For each of the following situations involving annulties, solve for the unknown. Assume that interest is compounded annually and that all annulty amounts are received at the end of each period. (/= Interest rate, and n = number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. 2. 3. 4. 5. Present Value 248, 196 442,750 650,000 175,000 Annuity Amount $ 5,000 80,000 60,000 155,040 8% 11% 10% n = 5 4 10 4(1) What is the value at the end of Year 3 of the following cash flow stream if the quoted interest rate is 10%, compounded semiannually? (2) What is the PV of the same stream? (3) Is the stream an annuity? (4) An important rule is that you should never show a nominal rate on a time line or use it in calculations unless what condition holds? (Hint: Think of annual compounding, when INOM = EFF% = IPER.) What would be wrong with your answers to parts (1) and (2) if you used the nominal rate of 10% rather than the periodic rate, INOM/2 = 10%/2 = 5%?
- Compute the number of years (t) if future value (FV) = $6,636, present value (FV) = $1,895, and interest rate (r) = 11.6%,. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):Compute the interest rate if future value (FV) = $7,198, present value (FV) = $2,694, and number of years (t) = 9. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):For each of the following situations involving annuities, solve for the unknown. Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (/= interest rate, and n= number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1. PV of $1. FVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) 1. $ 2 3 4. 15 Present Value Answer is complete but not entirely correct. Annuity Amount 2.200 145,000 190,000 72.523 45,787 8,784 558,865 480,945 520,000 240,000 8% 1.0% 9% 2.5% 10% n= 5 4 30 8 4
- For each of the following annuities, calculate the future value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Future Value Annual Payment Years Interest Rate $ 1,520 10 9% $ 6,540 34 10 $ 3,640 7 10 $ 8,330 36 11What is the present value of $876.89 if we discount it by 0.09 for one year (remember the equation c/(1+r)^n ) NOTE interest rate is in decimal already, no need to convertFor each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/= interest rate, and n=number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) 1. 2 3. 4. 5. Present Value Future Value 1 $ 36,600 $ 62,000 $ 28,644 $ 76,000 $ 11,758 $ 45,500 68.822 $ 155,000 13,796 $ $ 5% 7% 8% n 20 12 10
- For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i= interest rate, and n = number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. 2. 3. 4. 5. Present Value Future Value 80,000 94,000 50,000 200,000 $ $ $ $ $ 31,841 $ 15,762 $ 84,482 $ 13,291 i 7% 8% 9% n 9 16 10 15 1For each of the following situations involving single amounts, solve for the unknown. Assume that Interest is compounded annually. (/- interest rate, and n-number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) Present Value Future Value $ 36,018 S 72,000 S 43,718 S S 13,720 $ 4. S 51,746 S 5. 5 22,649 1234 86,000 48,000 180,000 8% 11% 9% n 9 10 11 15For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): years Interest Rate Future Value 14 8 16,151 5 14 58,557 30 15 893,073 35 8 557,164