Question: What is the present value of a security that will pay 516,000 in 30 years if securities of equal risk pay 4 percent annually! Select

What is the present value of a security that will pay 516,000 in 30 years if securities of equal risk pay 4 percent annually! Select one a $3,200.00 b. 515,384.62 O c. $4,933.10 d. SS1,894.36 o e. 59,913.20

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!

1.1 When the project overruns, project _____ are affected. (1) 1.2 Phils intentions are clear, and they are to identify _______earnt. (1) 1.3 Identify three major things from the exercise that Phil...

Charter Bank pays a 4.30% nominal rate on deposits, with monthly compounding. What effective annual rate (EFF\%) does the bank pay? a. 5.04% b. 5.44% c. 4.39% d. 4.74% e. 5.09% Check My Work (1...

please check my answers D F G r 5 0 B D E H 1 if you deposit $16,000 in a bank account that pays 4.7% interest annually, how much would be in your account after 5 years? 2 3 pv 16000 4 0.047 5 nper 6...

1. If you deposit $12,000 in a bank account that pays 9% of interest annually, how much will be in your account after 5 years? Round your answer to the nearest cent. 2. What is the present value of a...

If you deposit $2,000 in a bank account that pays 6% interest annually, how much will be in your account after 5 years? What is the present value of a security that will pay $29,000 in 20 years if...

(4-2). what is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually? (4-7). An investment will pay $100 at the end of each of the next 3 years,...

521 FUURE VA MU If you deposit $10,000 in a bank account that pays 108 interest annually, how much will be in your account after 5 years? 522 RREFEN T YAWE What is the present value of a security...

Question 1 (1 point) What is the present value of a security that will pay $9700 in 17 years if securities of equal risk pay 7% annually? (Answer to the nearest cent. i.e. one thousand dollars would...

1.What is the present value of a security that will pay $27,000 in 20 years if securities of equal risk pay 3% annually? Do not round intermediate calculations. Round your answer to the nearest cent....

Future Value of a Single Payment EASY PROBLEMS 18 If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years? What is the present value...

correct answers only If you deposit $11,000 in a bank account that pays 12% interest annually, how much will be in your account after 5 years? Do not round intermediate calculations. Round your...

List the three principles for matching expenses against revenues.

Explain about trisomy and monosomy in sex chromosomes with justifying by karyotype , ratio and with drawing.

The required rate of return is typically based on the company's cost of capital. Group of answer choices True False

Find the optimal solution using Microsoft Excel. ( Note: Due to existing transportation contracts, Macon must ship 5 0 , 0 0 0 motors to Fort Worth and 0 motors to San Diego. These requirements are...

Teamwork.Technology. Join two of your classmates to research misleading visuals. (a) For one week, each of you will look for visuals that could be misleading. Keep notes of your findings and compile...

Ed Pappas, owner of Pappas Furniture City, has asked you to gather information about energy efficient lighting. Hes interested in learning whether installing energy saving fluorescent bulbs in the...

Celia Stryker and Stan Anthony have hired you to help them promote the opening of their business, the Coffee Cup. The specialty coffee shop is located on the corner of Star Street and Borderline Road...