What is the present value of twelve annual payments of $5,000, starting today if the interest rate is 13%?

Q: What is the present value of a cash payment of $1.2 that you will receive in 5.3 years if the…

A: STEP 1 Given a certain rate of return, present value (PV) is the current value of a future financial…

Q: What is the present value of $5,000 that will be paid to you eight years from today at 8% interest?

A: Data given: FV=$5000 n=8 years i=8% (assumed compounded annually)   Required= PV

Q: (Annuity interest rate) You've been offered a loan of $25,000, which you will have to repay in 5…

A: When the borrower borrows a loan from the lender, he has to pay a rate of interest on the borrowed…

Q: What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000…

A: We can make use of the financial calculator to obtain the present value, PV. Inputs: I/Y = rate =…

Q: What's the present value, when interest rates are 8.0 percent, of a $160 payment made every year…

A: The present value is the today’s value related to the future money at a given rate of return. It is…

Q: What is the present value of a $175 annual payment over 10 years if interest rates are 4 percent…

A: To compute the present value of an annual payment over 10 years at an interest rate of 4 percent, we…

Q: If you borrow $15,500 with a 5 percent interest rate to be repaid in seven equal payments at the end…

A: Answer of the given question is below with the proper explanation. Note-final answer is rounded at…

Q: What is the future value in 4 years of €1,000 invested in an account with a stated annual interest…

A: Amount Invested is 1,000 Time period is 4 years Interest rate is 10% To Find: Future Value…

Q: Compute the present value of an annuity of $ 632 per year for 24 years, given a discount rate of 10…

A: The current worth of future annuities can be determined by using the PV formula function in the…

Q: An investment will pay you $4,611.9 in 3 years if you pay $1,376.68 today. What is the implied rate…

A: Rate of return = (Future value / Present value)^(1/Time) - 1 where, Future value =  $4,611.9 Present…

Q: What is the future value of $650 deposited for one year earning an 10 percent interest rate…

A: In the given question we require to calculate the future value of $650 deposited today for one year…

Q: Find the future value of the following ordinary annuities. Payments are made and interest is…

A: Given, The payments $4000 Interest rate is 10% Term is 20 years

Q: iii) How much would an investor pay now (beginning of the month) for an annuity, which pays £1,500…

A: Present Value of Ordinary Annuity refers to the concept which dictates the discounted value of a sum…

Q: What is the future value (in $) of an annuity of $4,634 for 15 years if the discount rate is 5.79…

A: Future value refers to the compounded value of the future cash flows for the given period of time…

Q: What will be the future value of $1,000 at the end of five years, if the annualized interest rate is…

A: To find the future value of a sum of money given a compound interest rate, we use the…

Q: If $84,000 is invested in an annuity that earns 5.2%, compounded quarterly, what payments will it…

A: Investment (PV) = $84000 Interest rate = 5.2% Quarterly interest rate (r) = 5.2%/4 = 1.30% Period =…

Q: You borrow $30,000 for 10 years to pay tuition and fees. The annual interest rate is 12 percent.…

A: Loan Amortization: It refers to the process of paying off the loan in equal periodic payments.…

Q: Find the future value of the following ordinary annuities. Payments are made and interest is…

A: The Future Value of an Ordinary Annuity refers to the concept which gives out the compounded or…

Q: Use the financial calculator app to compute the present value of 10 equal payments of $15,000, with…

A: We need to use the following financial keys in financial calculator to calculate present value.. PMT…

Q: What is the future value of a $900 annuity payment over five years if interest rates are 8 percent?…

A: The accumulated value can be calculated as future value of annuity

Q: Find the present value of the given future amount. $70,093 for 324 days at 6.4% simple interest.…

A: Intreast rate for 324 Days =6.4×324÷360=5.76% Future value =70,093

Q: present value of $65,000 in six years, if the relevant interest ra

A: Present value is the equivalent today of the future cash flow based on the time and interest rate of…

Q: You are considering taking out a loan of $11,000.00 that will be paid back over 10 years with…

A: Unpaid loan balance will be the present value of outstanding payments that are not yet paid based on…

Q: You are paid £3,500 annually for 8 years, with the first payment due in one year and the last…

A: Present value is the current worth of a future payment or stream of payments, taking into account…

Q: Calculate the future value of the following annuities, assuming each annuity payment is made at the…

A: Annuity paymentsAnnual ratesInterest compoundedPeriod invested1$3,700.007.00%Semi-annually9…

Q: Suppose an annuity pays $2000 at the end of each 3 month period for 3.5 years at an interest rate of…

A: given, A = $2000 n = 3.5 r = 4% pa but it is compounded quarterly therefore, frequency of…

Q: What is the present value of $5,000 paid at the end of each of the next 89 years if the interest…

A:

Q: Find the future value of an annuity of $1400 paid at the end of each year for 15 years, if interest…

A: Time value of money :— According to this concept, value of money in present day is greater than the…

Q: Find the present values of these annuities due. a. What is the present value of $4,000 per month…

A: PMT=$4000 per monthNumber of payments=n=12Interest rate=4.8%Monthly interest rate=r=4.8/12=0.4%Find…

Q: What is the interest earned in a savings account after 12 months on a balance of $7500 if the…

A: APY is an abbreviation for “annual percentage yield,” which is the percentage that indicates how…

Q: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: The problem relates to ANNUITY DUE. Annuity due is an annuity whose payment is due immediately at…

Q: What is the future value of a $200 annual payment over 10 years if interest rates are 6 percent…

A: The given details are:Required: Compute the future value & future value due.

Q: If we are investing in an account with an interest rate of 5.7% compounded monthly and we wish to…

A: The amount to be placed in the account today is computed using the present value formula.

Q: Currently, you have $29,000 that you would like to grow to $91,500 within the next 7 years. Assuming…

A: The concept of TVM refers to the interest-earning capacity of money which makes money earned earlier…

Q: How much will Kingston Technologies have to pay each year in 9.00 equal payments, starting 2 years…

A: In the Given case:Since the payments start 2 years from now, we need to calculate the value of loan…

Q: What's the present value, when interest rates are 7.5 percent, of a $50 payment made every year…

A: Present value of perpetuity = Equal periodic payment / Periodic interest rate

Q: If you borrow $15, 500 with a 5 percent interest rate to be repaid in seven equal payments at the…

A: Present value of annuity The present value of an annuity represents the current worth of a series of…

Q: How much should be invested each year for 10 years to provide you with $8000 per year for the next…

A: Present value includes the value without interest rate and future value includes the value with…

Q: What is the present value of ​$1,000 paid at the end of each of the next 100 years if the interest…

A: Payment = p = $1000Time = t = 100 YearsInterest rate = r = 4%