Question: Find the present value of $2,000 due in the future under each of the following conditions: a. 8% nominal rate, semiannual compounding, discounted back 5

Find the present value of $2,000 due in the future under each of the following conditions: a. 8% nominal rate, semiannual compounding, discounted back 5 years.
b. 8% nominal rate, quarterly compounding, discounted back 5 years.
c. 8% nominal rate, monthly compounding, discounted back 1 year?

Step by Step Solution

★★★★★

3.38 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a b 0 PV PV FVN 4 2000 With a financial calculator enter N ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

895-B-F-F-M (7768).docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!

Find the present value of the following ordinary annuities (see the Notes to Problem 4-12). 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%...

Find the present value of $500 due in the future under each of the following conditions. a. 12% nominal rate, semiannual compounding, discounted back 5 years b. 12% nominal rate, quarterly...

Multiple Choice Questions Items 1 through 4 require use of present value tables. The following are the present value factors of $1 discounted at 8% for one to five periods. Each item is based on 8%...

Find the present value of $500 due in the future under each of the following conditions: a. 12 percent nominal rate, semiannual compounding, discounted back 5 years. b. 12 percent nominal rate,...

using financial calculator please explain step by step o ne prent value of $800 due in the future under each of these conditions: a. 6% nominal rate, semiannual compounding, discounted back 5 years....

Find the present value of $500 due in the future under each of the following conditions: a. 12 percent nominal rate, semiannual compounding, discounted back 5 years. b. 12 percent nominal rate,...

6. Find the present value of $10,000 due in the future under each of the following conditions: a. 6% interest rate, semiannual compounding, discounted back 4 years b. 6% interest rate, quarterly...

Find the present value of $500 due in the future under each of the following conditions. a) 12% nominal rate, semiannual compounding, discounted back 5 years b. 12% nominal rate, quarterly...

A 400-lb weight is lifted 30.0 ft. (a) Using a system of one fixed and two movable pulleys, find the effort force and effort distance. (b) If an effort force of 65.0 N is applied through an effort...

What is the Society of Management Accountants of Canada (CMA)? How could being in a member of a professional organization help a persons career?

What are the main features of a leadership development programme?

One output of the Control Costs process is cost forecasts, which is when a. Modifications are made to the cost information used to manage the project and are communicated to stakeholders b. Trend...

Rident Corp. just paid a dividend of $1.50 a share (i.e., D0 = $1.50). The dividend is expected to grow 5% a year for the next 3 years, and then 10% a year thereafter. What is the expected dividend...

Boehm Incorporated is expected to pay a $1.50 per share dividend at the end of the year (i.e., D1 = $1.50). The dividend is expected to grow at a constant rate of 6% a year. The required rate of...

A company currently pays a dividend of $2 per share, D 0 = $2. It is estimated that the company's dividend will grow at a rate of 14% per year for the next 2 years, then the dividend will grow at a...

i want question to be solved mathmatically Q8) It is April 7,2014 . The quoted price of a US government bond with a 8% per annum coupon (paid semiannually) is 120-00. The bond matures on July 27,2023...

Need an interpretation explanation for the below answer. Part A) The return on assets can be calculated with the use of following formula: Return on Assets = Net Income/Total Assets*100 Using the...

please show work! Find both the arithmetic growth rate and the geometric growth rate of the dividends for Wal-Mart. (Click on the following icon in order to copy its contents into a spreadsheet.)...