A rare postage stamp purchased in 1932 for $0.75 was sold in 2022 for $2,800. What was the annualized rate of return on this investment?
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- Find the present value (evaluated at the beginning of year 2006) of the perpetuitywhich pays $1,000 at the beginning of every year starting from year2006, but provides no payment at the beginning of every leap year. Expressyour answer in terms of the effective rate of interest i.What's the present value of a perpetuity that pays $2,200 per year if the appropriate interest rate is $%? O $47,960.00 $49,720.00 O $48,400.00 $44,000.00 $36,520.00 4How much would $1,000,000 due in 100 years be worth today if the discount ratewas 5%? If the discount rate was 20%? ($7,604.49, $0.0121)
- * Your answer is incorrect. Marigold Corp. will receive $720000 in a future year. If the future receipt is discounted at an interest rate of 9%, its present value is $429314. In how many years is the $720000 received? O 7 years O 5 years O 6 years O 8 yearsKA. An individual recently won a lottery and has the opportunity to receive $100,000 per year at the end of the year for the next 25 years. Assuming an annual interest rate of 5% is appropriate, the present value of 1 is 0.29530 × $100,000 = $29,530, the present value of an ordinary annuity is 14.09394 × $100,000 = $1,409,394, and the present value of an annuity due is 14.79864 × $100,000 = $1,479,864. What is the fair value of the lottery payments according to the Financial Accounting Standards Board (FASB)?Hi, How did you get the amount of $5,823.77 for the annual deposit? What is the value of the A .Thanks.
- If the five-year present value annuity factor is 3.60478 and the four-year present valueannuity factor is 3.03735, what is the present value of the $1 received at the end of five years?A. $0.63552B. $1.76233C. $0.56743D. $1.2132E. None of the aboveA perpetuity of $1 each year, with the first payment due immediately, has a present value of $25 at an annual effective rate of i%. The owner exchanges it for another perpetuity with the first payment due immediately and subsequent payments due at two year intervals. What should the payment of the second perpetuity be, in order to keep the same interest rate, i%, and the same present value? A B с D E Less than $1.90 At least $1.90, but less than $1.94 At least $1.94, but less than $1.98 At least $1.98, but less than $2.02 $2.02 or more• A perpetuity will pay $900 per year, starting five years after the perpetuity is purchased. What is the present value (PV) at time 0, given that the interest rate is 11%? • A) $2695 • B) $4312 • C) $5390 • D) $3234 Please show your steps.
- What's the present value of a perpetuity that pays $260 per year if the appropriate interest rate is 4.9%? Group of answer choices $5,819 $6,094 $5,431 $5,056 $5,306What is the present value of a perpetuity that pays annual, end-of-year payments of $850 every year? Use a nominal rate of 8.00%. O $10,625 O $10,952 O $10,241 O $9,133 O $9,004Find the discounted value of an ordinary simple perpetuity paying $2100 at the end of half-year, if interest is i365 = 19.97 %. Answer: 21031.55