Question: Please answer all questions or don't answer at all. thank you 7. Whan is the present value of 5150,000 to be received 10 years from
7. Whan is the present value of 5150,000 to be received 10 years from today if the discount rade is 11 percent? A. $52,827.67 B. $61,147.07 C. $64,141.41 D. 569,806.18 8. Your coin collection contains fifty-four 1941 silver dollars. Your grandigarents purchased them for their face value when they were new. These coins have appreciated at a 10 pereen annual rate. How much will your collection be worth when you retire in 2060 ? A. $3,611,008 B. 53,987,456 C. $4,122.394 D. $4,551,172 9. The math of finance whereby interest is camed over lime by saving or investing money. a. Future value b. Present value c. Principal d. Tame value of money 10. An annuity may best be defined as A. a payment af a fixed interest rate. B. a series of payments of unequal amount. C. a series of yearly paymenss, fegardless of amount. D. a series of consecutive payments of equal amounts. 11. In desermining the future value of a single amount, one measures A. the future value of periodic payments at a given interest rate B. the preseat value of an amount discounted at a given interest rate C. the future value of an amount allowed to grow at a given interest rate. D. the present value of periodic payments at a given interest rate. 12. Capital budgeting is primarily concerned with A. capital formation in the cconomy: B. planning future financing needs. C. evaluating investment aliermatives
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
