Calculate the present value as at 1 January 2020 of the following payment: .a single payment of

Fantastic news! We've Found the answer you've been seeking!

Question:

Calculate the present value as at 1 January 2020 of the following payment:

.a single payment of euros 2,000 payable on 1st july 2024

.a single payment ofeuros 5000 payable on 31st dec 2031 assume effective rate of interest of 8%pa until 31 dec 2026 and 6% pa thereafter

Related Book For answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

See More Books

Posted Date: Mar 18, 2024 03:55 PM

See More Questions

Case Scenario1 - Hien Hien is in business selling high quality glassware to retailers. Her accountant prepares a statement of financial position each year following Hiens year end of 31 December. It...
On July 2, 2018, Imperial Inc. purchased $500,000 of Acme Corp. 5% bonds at a price to yield a market interest rate of 6%. The bonds pay interest semi-annually on July 1 and January 1, and mature on...
On the graph below, label the following: a. Label the point A at which average cost is a minimum. b. Label the point M at which marginal cost is a minimum. c. Label the point P at maximum profit....
You mentioned that Amazon has sustainability topics within us supply chain. How we deal with the criticism that Amazon itself tribute to overconsumption that's antithetical to sustainability
Thomas Nguyen currently has $10,000 in the bank earning interest of 6 percent per year, compounded monthly. If he needs $25,000 to purchase a car and can save an additional $100 a month stating at...
1. Assume you are asked as part of an audit of GEs insurance business to assess fraud risks, what would you include in your report and why? 2. At GEs annual meeting in November 2017, CFO Jamie Miller...
How might a hacker access and manipulate a digital device for illegal purposes? Are the Internet of Things (IoT) devices at risk for hacker access and manipulation?
Jamie Wong is considering building an investment portfolio containing two stocks, L and M. Stock L will represent 40% of the dollar value of the portfolio, and stock M will account for the other 60%....
An l-regular graph, l 1, is a simple graph where all of its vertices have degree l. The union of two simple graphs G G U G2 = (V U V2, E1 U E2). = (V1, E1) and G2 = (V2, E2), is the simple graph Two...
Ormondo inherited $7,000. He would like to invest all the money to use for his daughter's college in 10 years. If he invests $7,000 at 6.75% for a 10-year period, how much interest will he have...
4. Lilly has a plan to make the manufactured non-custom drapes and there are several sizable costs involved. The new drapes will be priced at $100, and her typical cost would be $78.90. Do you think...
Q1 : Briefly describe the current process for decertification. Generally, do you think that legislationought to make it relatively easy or more difficult for employees wishing to decertify their...
Turner Precision Engineering Co. manufactures driveshafts for small machinery applications. The following data applies to a stepped shaft that is 50 x 250 mm in length: 50 mild steel bar (bright)...
Mix Moisture (Coded) X 4.7 5.0 5.2 5.2 5.9 4.7 5.9 5.2 5.3 5.9 5.6 5.0 = 63.6 2 = 339.18 = 2.10 2 x2 X = 5.3 = 339.1 xy = 10.5 Density (Coded) Y 334562a 5 10 9 3 17 6 6 4 = 62 = 390 y =...
Periodic Merchandising - In class assignment On January 1, 2020, Ms. P's company P-Plumbing Equipment Inc. had a beginning inventory of 30 toilet seats which had a cost of $11 each. During the year,...
Obesity has increased dramatically in the world. Explain how digestion of excess fructose can lead to increased plasma triglycerides. In your discussion include pathway regulation. Compare a healthy...
The Home Depot is the leading retailer in the home improvement industry and one of the 10largest retailers in the United States. The company included the following on its January 29, 2012, balance...
Prepare the journal entries to record the following sales transactions in Fundy Corp.'s books. Fundy uses a perpetual inventory system. Jan. 2 Fundy sold $45,000 of goods to Xtra Inc., terms 2/10,...
You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in millions): Instructions (a) Calculate each of...
The following selected information (in thousands) was taken from Fruition Collections Ltd.'s December 31 statement of financial position: Instructions (a) Calculate the current ratio for each of the...
A second-order dynamic system is modeled as \[9 \ddot{x}+6 \dot{x}+\frac{10}{9} x=14 \delta(t), \quad x(0)=0, \quad \dot{x}(0)=-\frac{1}{4}\] a. Find the response $x(t)$ in closed form. b. Plot the...
Consider a first-order system with time constant $\tau$ and zero initial condition. Find the system's unit-step response for $\tau=\frac{1}{3}$ and $\frac{2}{3}$, plot the two curves versus \(0...
a. Identify the damping type and find the free response. b. Plot the free response by using the initial command. $\ddot{x}+3 \dot{x}+4 x=0, \quad x(0)=\frac{2}{5}, \quad \dot{x}(0)=0$

Calculate the present value as at 1 January 2020 of the following payment: .a single payment of

Question:

Expert Answer:

Sure The present value of the two payments calculated as at 1 January 2020 are Payment Date Present ... View the full answer

Financial Accounting Tools for Business Decision Making

Students also viewed these finance questions