FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Calculate the Present Value of the cash flow shown below.Interest rates 11.00% per year, compounded annually Calculate the Present Value of the cash flow shown below Interest rates 11.00% per year, compounded annually +$45,500 13arrow_forwardOrder the present values of these three cash flow with highest PV on top, middle PV in the middle, and lowest PV on the bottom. In each cash flow, the payments happen now, one year from now, and two years from now and the payments are displayed in that order. Interest is compounded annually at nominal rate 4%. -400, -400, 1000 -1000, 500, 700 -1200, 600, 800arrow_forwardThe income stream b = (1000, 1500, 2500, 4000) consists of payments made at the end of the next four years. Find the present value of b for an interest rate of 9% compounded annually.arrow_forward
- Assuming an interest rate of 10%, how much (rounded to nearest dollar) will need to be deposited in a savings account at the end of each year for 8 years to accumulate $40,000 in savings? $2,946 $3,498 $4,216 $5,000arrow_forwardWith an initial deposit of 200 dollars, the balance in a bank account after t years is f(t) = 200(1.05)t dollars. What are the units of the rate of change of f(t)? Find the average rate of change over [0,1]arrow_forwardFind the size of the monthly bank payment: P=$75,000 interest= 7 3/4% time= 4 monthsarrow_forward
- If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per year, how much money will be in the account at the end of that time period? O A. $1,890,000 B. $63,000 O C. $132,878 O D. $1,200,000arrow_forwardte.4 If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per year, how much money will be in the account at the end of that time period?arrow_forwardGary King will deposit $27500 into an account today that earns 13% per year compounded annually. Using the following factors, what is the amount that will be in the account at the end of the 5 years? Type of Cash Flow Periods Interest Rate Factor PV of $1 5 13% 0.5428 FV of $1 5 13% 1.8424 PV ordinary annuity 5 13% 3.5172 FV ordinary annuity 5 13% 6.4803 PV annuity due 5 13% 3.9744 $25333 $50666 $14927 $29854arrow_forward
- If the rate of earnings is 12% and the cash to be received in two years is $20,000, determine the present value amount, using the following partial table of present value of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636arrow_forwardFor the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 6.00% per year. (Round the final answer to three decimal places.) Cash flow, $ Year 0 1 2 3 The value of G is $ 225.0 225.0+ G 225.0+2G Year 4 5 16 Cash flow, $ 225.0+36 225.0+4G 225.0+5G 225.0+66arrow_forwardSuppose $1,200 is deposited into an account which has an annual percentage rate of 9.81% per year. Assume it remains in the account for 18 years and no additional money is added to the account other than interest. (a) Complete the boxes below to write an expression for the amount (in dollars) at year x = 18, of assuming interest is compounded annually. Do not round any values. You can enter arithmetic expressions (containing +, -, *, /, or ^) in any of these boxes. Number 1200 •( Number What is the value in year x = 18 of an investment of $1,200 dollars which pays 9.81% compounded annually? $ Number (Round to the nearest 0.01 dollars) (b) Complete the boxes below to write an expression for the amount (in dollars) at year x = 18, assuming interest is compounded weekly (52 times per year). Do not round any values. You can enter arithmetic expressions (containing +, –, *, /, or ^) in any of these boxes. Number 1200 ( Number What is the value in year x = 18 of an investment of $1,200…arrow_forward
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