An individual wins a lottery prize of £3,000 payable every 6 months in arrears for 10 years. What is the present value of the cashflow at an effective interest rate of 3.5% per annum? Select one: a, £50,203.2 b. £50,332.5 c. £51,335.2 d. E53,532.3

Q: Find the present value of the given future amount. $43,000 for 22 months at 5% simple interest

A: Answer  Future Value $43,000 Time 22 Months Period In Years 1.83 Years Rate 5%

Q: Jake won $350,000 in the lottery! He will receive $35,000 each year at the beginning of each of the…

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Q: am. 136.

A: Let's solve each part of the problem:1. **Present Value of the Annuity:**  We can use the present…

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A: Using the FV function in excel

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Q: 1. If money is worth 6% compounded quarterly, find the present value 1.1 of a perpetuity of P50…

A: Note: It is a case where the number of questions asked is more than one and no single question…

Q: 2. Present Value and Multiple Cash Flows Investment X offers to pay you $5,300 per year for eight…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: You recently won a lottery and have the option of receiving one of the following three prizes: (1)…

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Q: NPV Simes Innovations, Inc., is negotiating to purchase exclusive rights to manufacture and market a…

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A: given, A= $200 R=2% N = 20

Q: 2) Fund X earns i(12) = 6% interest, while Fund Y earns i(12) = 3% interest (and both start off with…

A: in this problem you have to calculate monthly interest and calculate future value of that.

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A: A present asset's future value, abbreviated as FV, is the value that an asset is expected to have at…

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A: Given Amount of deposit $2500. rate 8.5% for 20 years.

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Q: 1. You recently won a lottery and have the option of receiving one of the following three prizes:…

A: Annuity is the series of equal cash payments over the period.

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A: The future value is the future worth of the amount that will be paid or received at future.

Q: Find the present value of the given future amount. $43,000 for 3 months at 9% simple interest What…

A: Lets understand the basics. Present value is a value of any future amount into present. For…

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Q: If you put up $29,000 today in exchange for a 7.25 percent, 13-year annuity, what will the annual…

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Q: Bill Padley expects to invest $10,000 for 6 years, after which he wants to receive $15,869.00. What…

A: Future value of single sum = Present value of single sum x Future value factor (FVF)

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A: A perpetuity is a series of uniform cash flows over an indefinite period of time.

Q: 1. Solve for the present value of annuity due for an investor to receive P12,000.00 semi-annu for 6…

A: Present value is based on time value of money . It calculates the present value of the future…

Q: What is the present value of an ordinary annuity of P47,000 each year for eight years assuming a…

A: Solution Concept Ordinary annuity means the annuity which is received at the end of each period…

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A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

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A: a. PV = FV / (1 + r / n)nt Where, PV = Present value FV = Future value r = Rate of interest…

Q: Jake won $350,000 in the lottery! He will receive $35,000 each year at the beginning of each of the…

A: The objective of this question is to calculate the present value of the lottery winnings. The…

Q: perpetual equivalent annual worth

A: Annual worth refers to the net of all the benefits and the expenses which are incurred in the…

Q: Find the present value of the following future amount. $500,000 at 9% compounded annually for 25…

A: The present value can be calculated by discounting the future amount.

Q: the payments occurred 5. Caiculating Annuity Cash Flows. If you put up $20,000 today in exchange for…

A: Annuity is the no. of payments which are equal in size and made at equal interval of time. Person…