Question: answer questions that are wrong please! Question 2 Mark 3.33 out of 5.00 PFlag question Partially correct Time Value of Money: Basics Using the equations
answer questions that are wrong please!
Question 2 Mark 3.33 out of 5.00 PFlag question Partially correct Time Value of Money: Basics Using the equations and tables in Appendix 12A of this chapter, determine the answers to each of the following independent situations: Round all answers to the nearest whole number. a. The future value in two years of $11,500 invested today in a certificate of deposit with interest compounded annually at 10 percent $13,915 b. The present value of $13,000 to be received in five years, discounted at 8 percent. 8.848 c. The present value of an annuity of $26,500 per year for four years discounted at 12 percent. 80,490 d. An initial investment of $48,220 is to be returned in six equal annual payments. Determine the amount of each payment if the interest rate is 16 percent. $13,086 e.A proposed investment will provide cash flows of $13,000, $16,000 and $14,000 at the end of Years 1, 2, and 3, respectively. Using a discount rate of 16 percent, determine the present value of these cash flows. Present Value Year 1 $ 11,207 11,891 Year 2 Year 3 8,968 32,066 Total f. Find the present value of an investment that will pay $13,000 at the end of Years 8, 9, and 10. Use a discount rate of 12 percent. $ 0 X Check
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