An investor will receive equal payments of $700 for four years, and the first payment will be received one year from now. What is the present value of these payments if the interest rate is 9%? (Round your answer to two decimal places.) Multiple choice question. $763.45 $2,081.50 $2,379.87 $2,267.80
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An investor will receive equal payments of $700 for four years, and the first payment will be received one year from now. What is the
$763.45
$2,081.50
$2,379.87
$2,267.80
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- If you deposit OMR 5000 in your account in a bank; if your bank pays 9.05% interest, how much will you get in 15 years? Find future value Select one: a. None of the option b. 18212.41 c. 18833.31 d. 18212.14 e. 18338.13Please help meSuppose an investment will pay $11,000 in 41 years from now. If you can earn 14.55% interest compounded monthly by depositing your money in a bank, how much should you pay for the investment today?Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72. A. $31.59 B. $31.30 C. $26.04 D. $25.74 E. $29.25
- What is the present value of a cash payment of $1.2 that you will receive in 5.3 years if the interest rate is 6.5%? Round to 2 decimal places. Include dollar signs ($) and percents (%) as appropriate.Subject: financeCalculate the simple interest rate. (Round your answer to one decimal place.) P = $4300, I = $660, t = 1 year
- What is the value today of a money machine that will pay $3,776.00 per year for 19.00 years? Assume the first payment is made one year from today and the interest rate is 10.00%. __________Submit Answer format: Currency: Round to: 2 decimal places.What is the value today of a money machine that will pay $1,548.00 per year for 17.00 years? Assume the first payment is made 3.00 years from today and the interest rate is 7.00%. Submit Answer format: Currency: Round to: 2 decimal places.An investor wants to purchase a level annuity of £49 per annum payable monthly in arrear for 7 years. Find the purchase price in £, given that it is calculated on the basis of a nominal interest rate of 4.1 % per annum convertible quarterly. Remark: You need to give the answer with two decimal places accuracy in £. For example, if you computed £2.4572 then 2.46, 2.457 and 2.4572 are all valid answers. But 2.45 is not because they result wasn't rounded correctly. Also, do not enter the pound sign £.
- What is the future value of a $500 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) FV = $_______.__You have an opportunity to buy a growing perpetuity that starts at $64 a year and grows the payments by 0.012 each year for $1112. What interest rate makes this a fair price? Instruction: Round to three decimal places. E.g., if your answer is 0.0106465 or 1.06465%, you should type ONLY the number .011, neither 0.0106465, 0.0106, nor 1.065. Otherwise, Blackboard will treat it as a wrong answer.Suppose an investment will pay $19,000 in 16 years from now. If you can earn 10.15% interest compounded monthly by depositing your money in a bank, how much should you pay for the investment today?Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72.