The present value of $20,000 to be received in 5 years at an
interest rate of 16%, compounded annually, is $9,522.Required:Using
a present value table (Table 6-4 and Table 6-5), calculate the
present value of $20,000 for each of the following items (parts
a—f) using these facts: (Use the appropriate value(s) from the
tables provided. Round your PV factors to 4 decimal places and
final answers to the nearest whole dollar.)a. Interest is
compounded semiannually. b. Interest is compounded quarterly....
1. What is the present value of $160,000 to be received in 9
years from today? Assume a per annum discount rate of 9%,
compounded annually. (Round to the nearest penny, e.g. 1234.56)
Answer:
2. You just purchased a parcel of land for $73,000. To earn a
14% annual rate of return on your investment, how much must you
sell the land for in 5 years? Assume annual compounding. (Round to
the nearest penny, e.g. 1234.56)
Answer:
Earnest T needs...
a. What is the present value (PV) of $70,000 received six years
from now, assuming the interest rate is 4% per year?
a. $47,024
b. $45,500
c. $96,814
d. $55,322
b. Convex Industries has inventories of $212 million, current
assets of $1.20 billion, and current liabilities of $528 million.
What is its quick ratio?
a. 1.87
b. 2.25
c.0.94
d.0.75
a. What is the present value (PV) of $60,000 received thirty
years from now, assuming the interest rate is 6% per year?
a. 10,447
b.8880
c. 18,282
d. 39,000
b. If $546 invested today yields $600 in one year's time, what
is the discount factor?
a. 1.91
b. 0.09
c. 1.82
d. 0.91
c. If the one-year discount factor is equal to 0.95238, the
interest must be equal to:
a.5.0%
b. 4.5%
c.2.5%
d.4.0%
What is the Present Value of a cash payment of $38,666 received
14 years from today which is discounted at a continuously
compounded 1.5% rate of interest?
What is the Present Value of a cash payment of $17,434 received
28 years from today which is discounted at a continuously
compounded 2.5% rate of interest?
What is the present value of $5,000 received:
a. Twenty years from today when the interest rate is 8% per
year?
b.Ten years from today when the interest rate is 8% per
year?
c.Five years from today when the interest rate is 8% per
year?
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a. Twenty years from today when the interest rate is 8% per
year?The present value of $5,000 received 20 years from today when
the interest rate is 8% per year is $____. (Round to...
Calculate the present value of $5,000 received five years from
today if your investments pay (Do not round intermediate
calculations. Round your answers to 2 decimal places. (e.g.,
32.16)) Present Value a. 6 percent compounded annually $ b. 8
percent compounded annually c. 10 percent compounded annually d. 10
percent compounded semiannually e. 10 percent compounded
quarterly