A payment of $25,000 is due today. What three equal payments, one in 3 years, one in 5 years, and one in 6 years, would replace the original payment? Assume that money earns 3.75% compounded quarterly.
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A payment of $25,000 is due today. What three equal payments, one in 3 years, one in 5 years, and one in 6 years, would replace the original payment? Assume that money earns 3.75% compounded quarterly.
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- A payment of $35,000 is due today. What three equal payments, one in 2 years, one in 4 years, and one in 7 years, would replace the original payment? Assume that money earns 4.5% compounded quarterly. Round to the nearest centA payment of $23,000 is due today. What three equal payments, one in 2 years, one in 4 years, and one in 6 years, would replace the original payment? Assume that money earns 4.25% compounded semi-annually. $0.00 Round to the nearest centA payment of $1,750 is due in 2 years, and $5,800 is due in 5 years. What single payment made today would be equivalent to these original payments? Assume that money earns 4.25% compounded semi-annually.
- A payment of $13,735 is due in 1 year, $19,500 is due in 4 years, and $8,900 is due in 7 years. What single equivalent payment made today would replace the three original payments? Assume that money earns 5.50% compounded monthly. Round to the nearest centA payment of $700 is due in 3 years, and $5,000 is due in 5 years. What single payment made today would be equivalent to these original payments? Assume that money earns 4.50% compounded quarterly. $0.00 Round to the nearest centA payment of $17,000 is due in 1 year and $11,000 is due in 2 years. What two equal payments, one in 3 years and one in 4 years would replace these original payments? Assume that money earns 3.25% compounded quarterly. Use the focal date in 4 years. Round to the nearest cent
- Two payments of $11,000 and $7,500 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 3 months and in 4 years if money is worth 10.5% compounded quarterly. Round to the nearest centTwo payments of $12,000 and & 3,400 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these paymemts, made in 9 months and in 4 years if money is worth 7% compounded quarterly.If $82,000 is invested in an annuity that earns 5.8%, compounded quarterly, what payments will it provide at the end of each quarter for the next 7.5 years? (Round your answer to the nearest cent.)
- Two payments of $11,000 and $4,300 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 9 months and in 4 years if money is worth 10.5% compounded quarterly.Compute the present value of a perpetuity that pays $6,744 annually given a required rate of return of 9 percent per annum. Round your answer to 2 decimal places; record your answer without commas and without a dollar sign. Answer Question 4 Assume that you deposit $3,956 each year for the next 15 years into an account that pays 20 percent per annum. The first deposit will occur one year from today (that is, at t = 1) and the last deposit will occur 15 years from today (that is, at t = 15). How much money will be in the account 15 years from today? Round your answer to 2 decimal places; record your answer without commas and without a dollar sign.If $80,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it provide at the end of each quarter for the next 8.5 years?
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