Problem 12-7 (Algo) [LU 12-2 (2)] Complete the following using present value. (Use the Table 12.3 provided.) Note: Do not round intermediate calculations. Round the "Rate used" to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent. Amount desired at end of period Length of time Rate $ 6,700 5 years On PV Table 12.3 Compounded Period used PV factor used Rate used 3% Semiannually % PV of amount desired at end of period

Problem 12-7 (Algo) [LU 12-2 (2)] Complete the following using present value. (Use the Table 12.3 provided.) Note: Do not round intermediate calculations. Round the "Rate used" to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent. Amount desired at end of period Length of time Rate $ 6,700 5 years On PV Table 12.3 Compounded Period used PV factor used Rate used 3% Semiannually % PV of amount desired at end of period

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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complete the following using present value. (do not round intermediate calculations. round the "rate used" to the nearest tenth percent. round the "pv factor" to 4 decimal places and final answer to the nearest cent.) Amount desired at end of period: $7,800, Length of time: 10 years, Rate: 4%, Compounded: Semiannualy, Period used: ??, Rate used: ??, pv factor used: ??, pv of amount desired at end of period: ?? (on pv table 12.3)
Complete the following using present value. (Use the Table 12.3.) (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest dollar amount.) On PV Table 12.3 Amount desired at end of period Length of time Rate Compounded Period used Rate used PV factor used PV of amount desired at end of period $20,000 20 years 8% Annually %
Use the present value table to complete: (Round the "PV factor" answer to 4 decimal places.) Future Amount Desired Length of Time Rate Compounded Table Periods Rate Used P.V. Factor P.V. Amount $12,000 12 yrs 12% semiannually _______%
Complete the following using present value. (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) Amount desired at end of period: $17,600 Lenght of time: 7 years Rate: 12% Compounded: Quartely Period used: _____________ ? Rate used:_______________% ? PV factor used: __________________ ? PV of amount desired at the end of period ______________ ?
Use the present value table to complete: (Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) Future Amount Desired Length of Time Rate Compounded Table Period Rate Used P.V. Factor P.V. Amount $11,000 6 yrs 12% quarterly %
Compute the net present value for each project. (Round answers to 0 decimal places, e.g. 125. If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project Bono Project Edge Project Clayton Net present value $enter a dollar amount rounded to 0 decimal places $enter a dollar amount rounded to 0 decimal places $enter a dollar amount rounded to 0 decimal places Save for Later
Complete the following using present value. (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) Amount desired at end of period: $7,400 Lenght of time: 6 years Rate: 4% Compounded: Semiannually Period used: _____________ ? Rate used:_______________% ? PV factor used: __________________ ? PV of amount desired at the end of period ______________ ?
Use the present value table to complete: Note: Round the "PV factor" answer to 4 decimal places. Future Amount Length of Time Desired $ 12,000 12 years Rate Compounded 12% semiannually Table Periods A Rate Used P.V. P.V. Factor Amount C D
Amount Desired at End of Period Length of Time Rate Compounded $ 8,900.00 4 6% Monthly Required: Complete the following using the information above and the present value Table 12.3, the present value table in the Business Math Handbook, or the present value formula to answer the following: Period Used Rate Used PV factor used PV of amount desired at end of period
(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)(a) What is the present value of $30,700 due 12 periods from now, discounted at 12%? (Round answer to 2 decimal places, e.g. 25.25.)
using an excel worksheet, for FV equation, what does it mean the following: =FV(rate, nper,pmt,(pv),(type)) and, how it will show in this formula PV-8453 T=16 years r=8%
A potential project provides the following: Initial Investment = 36,101 Annual cash Flows = 12,101 period= 5 years What is the discount rate If NPV = 0? Answer in the format: #0.00 Answer as a percentage but without the % sign Example 0 0651 is entered as 6.51 Do not round intermediary calculations. Use full precision of your calculator or Excel. Do not include commas or dollar signs. Round properly to two decimal places Example: .157835 would be .16 Example: 2.3491 would be entered 2.35 HINT: Be sure your answer is percentage

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