Question
In: Finance
Calculate the present value of the following annuity streams: a. $5,000 received each year for 6...
Calculate the present value of the following annuity
streams:
a. $5,000 received each year for 6 years on the
last day of each year if your investments pay 7 percent compounded
annually.
b. $5,000 received each quarter for 6 years on the
last day of each quarter if your investments pay 7 percent
compounded quarterly.
c. $5,000 received each year for 6 years on the
first day of each year if your investments pay 7 percent compounded
annually.
d. $5,000 received each quarter for 6 years on the
first day of each quarter if your investments pay 7 percent
compounded quarterly.
(For all requirements, do not round intermediate
calculations. Round your answers to 2 decimal places. (e.g.,
32.16))
Solutions
jeff jeffy answered 1 year agoRelated Solutions
Calculate the future value of the following annuity streams: a. $5,000 received each year for 6...
Calculate the future value of the following annuity
streams:
a. $5,000 received each year for 6 years on the
last day of each year if your investments pay 6 percent compounded
annually.
b. $5,000 received each quarter for 6 years on the
last day of each quarter if your investments pay 6 percent
compounded quarterly.
c. $5,000 received each year for 6 years on the
first day of each year if your investments pay 6 percent compounded
annually.
d. $5,000...
Calculate the present value of the following annuity streams: a. $7,000 received each year for 6...
Calculate the present value of the following annuity
streams:
a. $7,000 received each year for 6 years on the
last day of each year if your investments pay 6 percent compounded
annually.
b. $7,000 received each quarter for 6 years on the
last day of each quarter if your investments pay 6 percent
compounded quarterly.
c. $7,000 received each year for 6 years on the
first day of each year if your investments pay 6 percent compounded
annually.
d. $7,000...
Calculate the present value of the following annuity streams: a. $6,000 received each year for 6...
Calculate the present value of the following annuity streams: a.
$6,000 received each year for 6 years on the last day of each year
if your investments pay 7 percent compounded annually. (Do not
round intermediate calculations. Round your answer to 2 decimal
places. (e.g., 32.16)) Present value $ b. $6,000 received each
quarter for 6 years on the last day of each quarter if your
investments pay 7 percent compounded quarterly. (Do not round
intermediate calculations. Round your answer...
Calculate the future value of the following annuity streams: a. $5,000 received each year for 5...
Calculate the future value of the following annuity
streams:
a.
$5,000 received each year for 5 years on the last day of each
year if your investments pay 7 percent compounded annually.
(Do not round intermediate calculations. Round your answer
to 2 decimal places. (e.g., 32.16))
Future value
$
b.
$5,000 received each quarter for 5 years on the last day of each
quarter if your investments pay 7 percent compounded quarterly.
(Do not round intermediate calculations. Round your answer...
Calculate the future value of the following annuity streams: a. $5,000 received each year for 5...
Calculate the future value of the following annuity
streams:
a.
$5,000 received each year for 5 years on the last day of each
year if your investments pay 7 percent compounded annually.
(Do not round intermediate calculations. Round your answer
to 2 decimal places. (e.g., 32.16))
Future value
$
b.
$5,000 received each quarter for 5 years on the last day of each
quarter if your investments pay 7 percent compounded quarterly.
(Do not round intermediate calculations. Round your answer...
Calculate the future value of the following annuity streams: a. $5,000 received each year for five...
Calculate the future value of the following annuity streams:
a. $5,000 received each year for five years on the last day of
each year if your investments pay 6 percent compounded
annually.
b. $5,000 received each quarter for five years on the last day
of each quarter if your investments pay 6 percent compounded
quarterly.
c. $5,000 received each year for five years on the first day of
each year if your investments pay 6 percent compounded
annually.
d. $5,000...
Calculate the present value of the following annuity streams: a. $4,000 received each year for 4...
Calculate the present value of the following annuity
streams:
a. $4,000 received each year for 4 years on the
last day of each year if your investments pay 6 percent compounded
annually.
b. $4,000 received each quarter for 4 years on the
last day of each quarter if your investments pay 6 percent
compounded quarterly.
c. $4,000 received each year for 4 years on the
first day of each year if your investments pay 6 percent compounded
annually.
d. $4,000...
Calculate the future value of the following annuity streams: (LG 2-9) a. $5,000 received each year...
Calculate the future value of the
following annuity streams: (LG 2-9) a. $5,000 received each year
for five years on the last day of each year if your investments pay
6 percent compounded annually. b. $5,000 received each quarter for
five years on the last day of each quarter if your investments pay
6 percent compounded quarterly. c. $5,000 received each year for
five years on the first day of each year if your investments pay 6
percent compounded annually....
Calculate the future value of the following annuity streams: a. $4,000 received each year for 4...
Calculate the future value of the following annuity
streams:
a. $4,000 received each year for 4 years on the
last day of each year if your investments pay 5 percent compounded
annually.
b. $4,000 received each quarter for 4 years on the
last day of each quarter if your investments pay 5 percent
compounded quarterly.
c. $4,000 received each year for 4 years on the
first day of each year if your investments pay 5 percent compounded
annually.
d. $4,000...
6. Calculating Annuity Values. For each of the following annuities, calculate the present value. Annuity Payment...
6. Calculating Annuity Values. For each of the following
annuities, calculate the present value.
Annuity Payment Years Interest Rate
$2,100 7 5%
1,095 9 10%
11,000 18 8%
30,000 28 14%
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