Suppose you are going to receive $13,500 per year for five years. The appropriate interest rate is 8.4%. a-1 What is the
Posted: Sun Jul 03, 2022 6:42 am
Suppose you are going to receive $13,500 per year for fiveyears. The appropriate interest rate is 8.4%.
a-1 What is the present value of thepayments if they are in the form of an ordinaryannuity? (Do not round intermediate calculations andround your final answer to 2 decimal places. (e.g.,32.16))
a-2 What is the present value if thepayments are an annuity due? (Do not roundintermediate calculations and round your final answer to 2 decimalplaces. (e.g., 32.16))
b-1 Suppose you plan to invest thepayments for five years. What is the future value if the paymentsare an ordinary annuity? (Do not roundintermediate calculations and round your final answer to 2 decimalplaces. (e.g., 32.16))
b-2 Suppose you plan to invest thepayments for five years. What is the future value if the paymentsare an annuity due? (Do not round intermediatecalculations and round your final answer to 2 decimal places.(e.g., 32.16))
a-1 What is the present value of thepayments if they are in the form of an ordinaryannuity? (Do not round intermediate calculations andround your final answer to 2 decimal places. (e.g.,32.16))
a-2 What is the present value if thepayments are an annuity due? (Do not roundintermediate calculations and round your final answer to 2 decimalplaces. (e.g., 32.16))
b-1 Suppose you plan to invest thepayments for five years. What is the future value if the paymentsare an ordinary annuity? (Do not roundintermediate calculations and round your final answer to 2 decimalplaces. (e.g., 32.16))
b-2 Suppose you plan to invest thepayments for five years. What is the future value if the paymentsare an annuity due? (Do not round intermediatecalculations and round your final answer to 2 decimal places.(e.g., 32.16))