Susan Wilson died, leaving to her husband Charles an insurance policy contract that provides thatthe beneficiary (Charles) can choose any one of the following four options. Money is worth 2.5%per quarter, compounded quarterly. Compute Present value if:Click here to view factor tables.Show Transcribed Text3c. $19,170 immediate cash and $1,917 every 3 months for 10 years, payable at the beginningof each 3-month period. (Round factor values to 5 decimal places, e.g. 1.25124 and finalanswer to 0 decimal places, e.g. 458,581.)Present value $67292

There is some time value of money always.When the money is received after periodic intervals. When…

c. $19,170 immediate cash and $1,917 every 3 months for 10 years, payable at the beginning of each 3-month period. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present value $ 67292

c. $19,170 immediate cash and $1,917 every 3 months for 10 years, payable at the beginning of each 3-month period. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present value $ 67292

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Susan Wilson died, leaving to her husband Charles an insurance policy contract that provides that
the beneficiary (Charles) can choose any one of the following four options. Money is worth 2.5%
per quarter, compounded quarterly. Compute Present value if:
Click here to view factor tables.
Show Transcribed Text
3
c. $19,170 immediate cash and $1,917 every 3 months for 10 years, payable at the beginning
of each 3-month period. (Round factor values to 5 decimal places, e.g. 1.25124 and final
answer to 0 decimal places, e.g. 458,581.)
Present value $
67292

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$616.96 Que What regular investment, made at the end of every three months and earning 10% compounded quarterly. would accumulate to $475,000 in 20 years? a $7,856.83 O b $17,616.21 Ос $3,492.86 ○ d $1,912.37 O e $7,916.67
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