Calculate the present value of the following annuities, assuming each annuity payment is made at the end o Deriod. (FV of $1, PV of $1. FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your places.) 1. 2. 3. Annuity Payment $ 5,000 10,000 4,000 Annual Rate Interest. Compounded 7.0% Semiannually 8.0% Quarterly 10.0% Annually Period Invested 3 years 2 years 5 years Present Value of Annuity
Calculate the present value of the following annuities, assuming each annuity payment is made at the end o Deriod. (FV of $1, PV of $1. FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your places.) 1. 2. 3. Annuity Payment $ 5,000 10,000 4,000 Annual Rate Interest. Compounded 7.0% Semiannually 8.0% Quarterly 10.0% Annually Period Invested 3 years 2 years 5 years Present Value of Annuity
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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Transcribed Image Text:Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding
period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal
places.)
1.
2.
3.
Annuity
Payment
$ 5,000
10,000
4,000
Annual
Rate
Interest
Compounded
7.0% Semiannually
8.0% Quarterly
10.0%
Annually
Period
Invested
3 years
2 years
5 years
Chec
Present Value of
Annuity
![Calculate the present value of the following annulties, assuming each annuity payment is made at the end
of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of S1) (Use tables, Excel, or a
financial calculator. Round your answers to 2 decimal places.) \table[[, \table[[Annuity], [Payment]], \table [[
Annual], [Rate]], \table[[Interest], [Compounded]], \table [[Period], [Invested]], \table [[Present Value of], [
Annuity]]], [1., $5,000, 7.0%, Semiannually,3 years,], [2., 10, 000, 8.0%, Quarterly,2 years,
], [3., 4,000, 10.0 %, Annually,5 years,]]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb56c8b13-6e3b-40a5-91a2-0161e07a934e%2Fc3acde57-9f65-464e-b8fe-0da1f4cc3cd0%2Fxgxip7m_processed.png&w=3840&q=75)
Transcribed Image Text:Calculate the present value of the following annulties, assuming each annuity payment is made at the end
of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of S1) (Use tables, Excel, or a
financial calculator. Round your answers to 2 decimal places.) \table[[, \table[[Annuity], [Payment]], \table [[
Annual], [Rate]], \table[[Interest], [Compounded]], \table [[Period], [Invested]], \table [[Present Value of], [
Annuity]]], [1., $5,000, 7.0%, Semiannually,3 years,], [2., 10, 000, 8.0%, Quarterly,2 years,
], [3., 4,000, 10.0 %, Annually,5 years,]]
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