Question

In: Finance

An investment will pay $150 at the end of each of the next 3 years, $200 at the end of year 4, $350 at the end of year 5, and $550 at the end of year 6.

An investment will pay $150 at the end of each of the next 3 years, $200 at the end of year 4, $350 at the end of year 5, and $550 at the end of year 6. If other investments of equal risk earn 9% annually, what is the present value? Its future value? Do not round intermediate calculations. round your answers to the nearest cent.

Solutions

Expert Solution

PV = 1076.8

Fv = 1660.84


Related Solutions

An investment will pay $150 at the end of each of the next 3 years, $200...
An investment will pay $150 at the end of each of the next 3 years, $200 at the end of Year 4, $400 at the end of Year 5, and $500 at the end of Year 6. If other investments of equal risk earn 4% annually, what is its present value? Round your answer to the nearest cent. $   If other investments of equal risk earn 4% annually, what is its future value? Round your answer to the nearest cent....
6. An investment will pay $150 at the end of each of the next 3 years,...
6. An investment will pay $150 at the end of each of the next 3 years, $250 at the end of Year 4, $400 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 6% annually, what is its present value? Round your answer to the nearest cent. If other investments of equal risk earn 6% annually, what is its future value? Round your answer to the nearest cent....
An investment will pay $150 at the end of each of the next 3 years, $300...
An investment will pay $150 at the end of each of the next 3 years, $300 at the end of Year 4, $350 at the end of Year 5, and $450 at the end of Year 6. If other investments of equal risk earn 6% annually, what is this investment's present value? Its future value?
An investment will pay $200 at the end of each of the next 3 years, $400...
An investment will pay $200 at the end of each of the next 3 years, $400 at the end of Year 4, $450 at the end of Year 5, and $650 at the end of Year 6. If other investments of equal risk earn 11% annually, what is this investment's present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent.
Investment will pay $100 at the end of each of the next 3 years 200 at...
Investment will pay $100 at the end of each of the next 3 years 200 at the end of year 4 350 at the end of yearr 5 and 550 at the end of year 6 if other investments of equal risk earn 4% annually what is its present value Round your answer to the nearest cents.
If investment will pay $150 at the end of each of the next three years $250...
If investment will pay $150 at the end of each of the next three years $250 at the end of year for $400 at the end of year five and $550 at the end of year six if other investments have equal risk on 4% annually what is its present value and what is its future value
A) An investment will pay $100 at the end of each of the next 3 years,...
A) An investment will pay $100 at the end of each of the next 3 years, $400 at the end of Year 4, $600 at the end of Year 5, and $800 at the end of Year 6. If other investments of equal risk earn 5% annually, what is its present value? Round your answer to the nearest cent. B) What is its future value? Round your answer to the nearest cent.
An investment will pay $400 at the end of each of the next 4 years, $600...
An investment will pay $400 at the end of each of the next 4 years, $600 at the end of Year 4, $800 at the end of Year 5, and $200 at the end of Year 6. If other investments of equal risk earn 12% annually, what is its present value? Its future value?
An investment will pay $10 at the end of each of the next 3 years, $40...
An investment will pay $10 at the end of each of the next 3 years, $40 at the end of Year 4, $50 at the end of Year 5, and $60 at the end of Year 6. If other investments of equal risk earn 8% annually, what is this investment’s future value?
An investment will pay $50 at the end of each of the next 3 years, $250...
An investment will pay $50 at the end of each of the next 3 years, $250 at the end of Year 4, $350 at the end of Year 5, and $500 at the end of Year 6. If other investments of equal risk earn 4% annually, what is its present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent. Present value: $    Future value: $
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT