Find the present value of the following perpetuity. Made At: end Perpetuity Payment $160 Payment Period...

 

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Find the present value of the following perpetuity. Made At: end Perpetuity Payment $160 Payment Period 1 month Interest Rate 10.8% Conversion Period semi-annually The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) How much will deposits of $140 made at the end of each quarter amount to after 15 years if interest is 2% compounded monthly? The deposits will amount to $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Find the present value of the following perpetuity. Made At: end Perpetuity Payment $160 Payment Period 1 month Interest Rate 10.8% Conversion Period semi-annually The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) How much will deposits of $140 made at the end of each quarter amount to after 15 years if interest is 2% compounded monthly? The deposits will amount to $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Answer rating: 100% (QA)

Present Value of Perpetuity The present value PV of a perpetuity can be calculated usi... View the full answer