Question: Need help with these questions Solve the following questions using a nancial calculator. Submit your answers in Excel. Show calculator inputs (i.e. N, PV, etc.)

Need help with these questions

Need help with these questions Solve the following questions using a nancial

Solve the following questions using a nancial calculator. Submit your answers in Excel. Show calculator inputs (i.e. N, PV, etc.) to get partial credit. 1. How much would you pay for the right to receive $15,000 at the end of 20 years if you can earn a 12% return on a real estate investment with similar risk? 2. What constant amount invested at the end of each year at a 15% annual interest rate will be worth $40,000 at the end of ve years? 3. Your father will convey a property to you in 15 years. If the property is expected to be worth $600,000 when you receive it, what is the present value of the property? Your discount rate is 9%. 4. What is the present value of $600 received for the next four years and $2,500 received at the end of the fth year if your required return is 8%? 5. Assuming no income or holding costs during the period, if you purchased a vacant parcel of land ve years ago for $1,500,000, how much would you have to sell it for to yield a 10% annual return on your investment

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