Question: Please show equations and work as needed. Also make the answer clear. Thank You. What is the present value of $9,000 payments at the end

Please show equations and work as needed. Also make the answer clear. Thank You.

Please show equations and work as needed. Also make the answer clear. Thank You. What is the present value of $9,000 payments at the

What is the present value of $9,000 payments at the end of each year, for the next 87 years, if the interest rate is 10% per year? 68,023 O 89,977 0 95,823 O 84,219 You have an investment account that started with $4,000 10 years ago and which now has grown to $12,000. What annual rate of return have you earned (you have made no additional contributions to the account)? O 10.02% 12.78% 14.90% 11.61%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Please show equations and work as needed. Also make the answer clear. Thank You. Your company wants to raise $10.5 million by issuing 10-year zero-coupon bonds. If the yield to maturity on the bonds...

Please show equations and work as needed. Also make the answer clear. Thank You. Assume Evco, Inc. has a current stock price of $45.54 and will pay a $1.80 dividend in one year; its equity cost of...

Please show equations and work as needed. Also make the answer clear. Thank You. You are saving for retirement. To live comfortably, you decide you will need to save $2 million by the time you are...

Please show equations and work as needed. Also make the answer clear. Thank You. The clothing company 2The9z Inc. has a debt-to-equity ratio of 2, an equity beta of 2, and its bonds have a yield to...

Please show equations and work as needed. Also make the answer clear. Thank You. Steady Company's stock has a beta of 0.22. If the risk-free rate is 6.1% and the market risk premium is 7.2%, what is...

Please show all equations and work as needed. If possible enter the work as text. Also make the answer clear. Thank you. Your company has two divisions: One division sells software and the other...

Please show all equations and work as needed. If possible enter the work as text. Also make the answer clear. Thank you. Assume that Microsoft has a total market value of $303.5 billion and a...

Please show all equations and work as needed. If possible enter the work as text. Also make the answer clear. Thank you. River Rocks, whose WACC is 11.5%, is considering an acquisition of Raft...

Please show all equations and work as needed. If possible enter the work as text. Also make the answer clear. Thank you. Suppose Microsoft has no debt and a WACC of 9.4%. The average debt-to-value...

Please show all equations and work as needed. If possible enter the work as text. Also make the answer clear. Thank you. Assume it's an alternate reality, and you just paid $400,000 to become the...

Obtain the expressions for the matrices A, B, C, and D for the state-variable model you obtained in Problem 16. The outputs are xi and x2. In Problem 16 101 + 81 - 52 + 40x1 - 25x2 = 0 52 - 25x1 +...

-How to categorize expenses? ( explain) -what are the ways and in which there is a way of classifying according to the ways people use (absorption costing) -opinion, concept . cost classification ....

In a switch trade the third buyer uses the account balance to purchase goods and services from the original clearing agreement counterparty who had the account imbalance. Group startsTrue or False

Write a program that reads three integer values. It then finds and displays the following 1. If the values are equal display a message. 2. The number of values outside the closed interval [-5, 5) 3....