Question
In: Finance
Find the present value of the following ordinary annuities. a. $400 per year for 10 years...
Find the present value of the following ordinary annuities.
a. $400 per year for 10 years at 14%.
b, $200 per year for 5 years at 7%.
c. $400 per year for 5 years at 0%.
Now rework parts a, b, and c assuming that payments are made
at the beginning of each year; that us they are annuities
due.
d. $400 per year for 10 years at 14%.
e. $200 per year for 5 years at 7%.
f. $400 per year for 5 years at 0%.
Solutions
jeff jeffy answered 7 months agoRelated Solutions
Find the present value of the following ordinary annuities:
Find the present value of the following ordinary annuities:
$600 per year for 10 years at 10%
$300 per year for 5 years at 5%
$600 per year for 5 years at 0%
assume the annuities are annuities due a. The present value of $400 per year for ten...
assume the annuities are annuities due
a. The present value of $400 per year for ten years
at 10 percent
b. The future value of $400 per year for ten years
at 10 percent
c. The present value of $200 per year for five years
at 5 percent
d. The future value of $200 per year for five years
at 5 percent
4. Find the present values of these ordinary annuities. Discounting occurs once a year. (a) $400...
4. Find the present values of these ordinary annuities.
Discounting occurs once a year.
(a) $400 per year for 10 years at 10%
(b) $200 per year for 5 years at 5 %
(c) $400 per year for 5 years at 0%
(d) Rework parts a, b, and c assuming they are annuities
due.
Please give me the process, thank you!
9-16 Find the present values of the following ordinary annuities: a. PV of $400 each six...
9-16 Find the present values of the following ordinary
annuities: a. PV of $400 each six months for five years at a simple
rate of 12 percent, compounded semiannually b. PV of $200 each
three months for five years at a simple rate of 12 percent,
compounded quarterly c. The annuities described in parts (a) and
(b) have the same amount of money paid into them during the
five-year period and both earn interest at the same simple rate,
yet...
Find the present value of the following ordinary annuities. (Notes: If you are using a financial...
Find the present value of the following ordinary
annuities. (Notes: If you are using a financial
calculator, you can enter the known values and then press the
appropriate key to find the unknown variable. Then, without
clearing the TVM register, you can "override" the variable that
changes by simply entering a new value for it and then pressing the
key for the unknown variable to obtain the second answer. This
procedure can be used in many situations, to see how...
Find the present value of the following ordinary annuities. (Notes: If you are using a financial...
Find the present value of the following ordinary
annuities. (Notes: If you are using a financial
calculator, you can enter the known values and then press the
appropriate key to find the unknown variable. Then, without
clearing the TVM register, you can "override" the variable that
changes by simply entering a new value for it and then pressing the
key for the unknown variable to obtain the second answer. This
procedure can be used in many situations, to see how...
5. Find the present value of the following ordinary annuities. (Notes: If you are using a...
5. Find the present value of the following ordinary annuities.
(Notes: If you are using a financial calculator, you can enter the
known values and then press the appropriate key to find the unknown
variable. Then, without clearing the TVM register, you can
"override" the variable that changes by simply entering a new value
for it and then pressing the key for the unknown variable to obtain
the second answer. This procedure can be used in many situations,
to see...
eBook Present Value of an Annuity Find the present value of thefollowing ordinary annuities. Do...
Present Value of an Annuity Find the present value of the
following ordinary annuities. Do not round intermediate
calculations. Round your answers to the nearest cent. (Notes: If
you are using a financial calculator, you can enter the known
values and then press the appropriate key to find the unknown
variable. Then, without clearing the TVM register, you can
"override" the variable that changes by simply entering a new value
for it and then pressing the key for the unknown...
Find the future value of the following ordinary annuities:
Find the future value of the following ordinary annuities:
$600 per year for 10 years at 10%
$300 per year for 5 years at 5%
$600 per year for 5 years at 0%
PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once...
PRESENT VALUE OF AN ANNUITY
Find the present values of these ordinary
annuities. Discounting occurs once a year. Round your answers
to the nearest cent.
$700 per year for 16 years at 6%.
$
$350 per year for 8 years at 3%.
$
$800 per year for 6 years at 0%.
$
Rework previous parts assuming that they are annuities
due. Round your answers to the nearest cent.
$700 per year for 16 years at 6%.
$
$350 per year...
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