What is the present value of an ordinary annuity of P47,000 each year for eight years assuming a rate of return of 11%? (rounded) P241,860 P376,000 P557,380 P120,930
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- What is the present value of an ordinary annuity of P47,000 each year for eight years assuming a
rate of return of 11%? (rounded)- P241,860 P376,000
- P557,380 P120,930
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Solved in 2 steps
- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityHow much would you invest today in order to receive $30,000 in each of the following (for further Instructions on present value In Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at 15% D. 19 years at 18%Consider a perpetuity that pays £500 per year with its first payment at the beginning of t=5. What is its present value today (t=0), given an 8% discount rate? A) £2678.7. B) £2135.6. C) £4593.9. D) £4253.6.
- What is the future value in 10 years of 1,500 payments received at the end of each year for the next 10 years? Assume an interest rate of 8%. * 25,260 23,470 21,730 18,395 O 15,000 What is the PV of an ordinary annuity with 10 payments of P2,700 if the appropriate interest rate is 5.5%? * P19,334 P18,367 P20,352 P16,576 O P17,449 You are given the option of receiving P1,000 now or an annuity of P85 per month for 12 months. Which of the following is correct? * You cannot choose between the two without computing future values. The choice you would make when comparing the future value of each would be the same as the choice you would make when comparing present values. You will always choose the lump sum payment. You will always choose the annuity. You cannot choose between the two without computing present values.The present value of an ordinary annuity is P21,150.68. How long will equal payments of P2,000 at the end of each quarter last if the prevailing interest rate is 8% per annum?What is the present value of an ordinary annuity of $400 each month for eight years, assuming an opportunity cost of 0.05?
- What annuity over a 10 year period at 8% interest is equivalent to a present worth of P100,000?An annuity pays $54 per year for 28 years. What is the future value (FV) of this annuity at the end of those 28 years, given that the discount rate is 8%? A. $5,148.30 B. $7,207.62 C. $6,177.96 D. $3,088.98What is the present value annuity due of RM2,000 with a 10 percent discount rate for 10 years? Select one: a. RM13,518.12 b. RM27,126.590 c. RM18,318.345 d. RM14,093.15
- A four-year ordinary annuity has a present value of P10,000. If the interest rate is 5% per annum, how much is the amount of the annuity payment?What is the present value of an annuity due of 2,000 per year for 15 years discounted back tobthe present at 16 percent?What is the future value of general annuity of P48,000 per annum, for 5 years, at 15% interest compounded monthly?