What is the present value of the following annuity? $3,899 every year at the end of...

What is the present value of the following annuity?
$3,899 every year at the end of the year for the next 14 years, discounted back to the present at 12.57 percent per year, compounded annually?

Expert Solution

ANSWER

Present Value =

25106.76

jeff jeffy answered 5 months ago

What is the present value of the following annuity? 4083 every year at the end of...

What is the present value of the following annuity? 4083 every year at the end of the year for the next 7 years, discounted back tot he present at 17.61% per year, compounded annually?

What is the present value of the following annuity? $759 every year at the end of...

What is the present value of the following annuity? $759 every year at the end of the year for the next 6 years, discounted back to the present at 17.51 percent per year, compounded annually?

What is the present value of the following annuity? $704 every quarter year at the end...

What is the present value of the following annuity? $704 every quarter year at the end of the quarter for the next 5 years, discounted back to the present at 16.09 percent per year, compounded quarterly?

What is the present value of an annuity of SAR800 received at the end of each...

What is the present value of an annuity of SAR800 received at the end of each year for 12 years? Assume a discount rate of 10%. The first payment will be received one year from today (round your answer to nearest SAR1).

What is the present value of annuity that pays $200 at the end of each quarter...

What is the present value of annuity that pays $200 at the end of each quarter of a 10-year term if the interest rate is 5%? a. $3,256.39 b. $4,256.39 c. $5,256.39 d. $6,256.39 e. None of the above.

What is the present value of an ordinary annuity that pays $300 every six months for...

What is the present value of an ordinary annuity that pays $300 every six months for four years if the discount rate is 5.6% per year? Question 5 options: A) $1,994.34 B) $2,109.56 C) $2,123.79 D) $2,098.25 E) $2,281.41

Present Value of an Annuity What is the present value of a $400 annuity payment over...

Present Value of an Annuity What is the present value of a $400 annuity payment over 6 years if interest rates are 9 percent? $670.84 $2,013.18 $238.51 $1,794.37

PRESENT VALUE OF AN ANNUITY - (a) What is the present value of an asset that...

PRESENT VALUE OF AN ANNUITY - (a) What is the present value of an asset that pays $10,000 per year at the end of the next four years if the appropriate discount rate is 5 percent? What total return would you earn if you bought this asset and it paid its expected cash flows on time each year for the next four years? Prove that you earned the same return that you would have, had you put your money in...

An annuity pays $1 at the end every odd year and $2 at the end of...

An annuity pays $1 at the end every odd year and $2 at the end of each even year (not counting year 0) for 10 years. If the effective annual rate is 6%, what is the present value of the annuity? Show all your work leading to your final answer

Calculate the present value of $1 million paid at the end of every year in perpetuity,...

Calculate the present value of $1 million paid at the end of every year in perpetuity, assuming a rate of return of 10% and a constant growth rate of 6%.

Question