What is the present value of $8,350 invested at the beginning of every month for 10...

What is the present value of $8,350 invested at the beginning of every month for 10 years if money is worth 12% converted monthly?

Expert Solution

jeff jeffy answered 2 years ago

What is the present value of $4,320 to be received at the beginning of each of...

What is the present value of $4,320 to be received at the beginning of each of 28 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) What is the future value of 16 deposits of $3,970 each made at the beginning of each period and compounded at 10%? (Future value as of the end of the 16th period.) (Round factor values to 5 decimal places,...

In 5 years you will get $310. What is the present value if it is invested...

In 5 years you will get $310. What is the present value if it is invested at 10% 15% You have $450 today. How much will you get if you invest is for 7 years at 10% 15% You want $590 each year for the next 20 years. How much do you need to invest today a 10% 15% What is the NPV of a $200 investment that returns $40 per year for 7 years AND do you accept this...

George invested $1,250 at the end of every month into an investment fund that was earning...

George invested $1,250 at the end of every month into an investment fund that was earning interest at 4.25% compounded monthly. He stopped making regular deposits at the end of 9 years when the interest rate changed to 4.50% compounded quarterly. However, he let the money grow in this investment fund for the next 4 years. a. Calculate the accumulated balance in his investment fund at the end of 9 years b. Calculate the accumulated balance in his investment fund...

MATHEMATICS OF BUSINESS AND FINANCE Eric invested $1,250 at the end of every month into an...

MATHEMATICS OF BUSINESS AND FINANCE Eric invested $1,250 at the end of every month into an investment fund that was earning interest at 4.50% compounded monthly. He stopped making regular deposits at the end of 5 years when the interest rate changed to 4.75% compounded quarterly. However, he let the money grow in this investment fund for the next 4 years. a. Calculate the accumulated balance in his investment fund at the end of 5 years. b. Calculate the accumulated...

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? $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?

Adrian invested $1,600 at the beginning of every 6 months in an RRSP for 11 years....

Adrian invested $1,600 at the beginning of every 6 months in an RRSP for 11 years. For the first 7 years it earned interest at a rate of 4.50% compounded semi-annually and for the next 4 years it earned interest at a rate of 5.60% compounded semi-annually. a. Calculate the accumulated value of his investment after the first 7 years. b. Calculate the accumulated value of her investment at the end of 11 years. c. Calculate the amount of interest...

Sophie invested $2,100 at the beginning of every 6 months in an RRSP for 11 years....

Sophie invested $2,100 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a rate of 3.70% compounded semi-annually and for the next 2 years it earned interest at a rate of 5.50% compounded semi-annually. a. Calculate the accumulated value of her investment at the end of the first 9 years. b. Calculate the accumulated value of her investment at the end of 11 years. c. Calculate the...

What is the present value of $10,000 that will be received in 10 years if the...

What is the present value of $10,000 that will be received in 10 years if the appropriate interest rate is 6%. Do the calculation again with an interest rate of 10% and explain the result.

Question