Complete the following using present value. (Use the Table 12.3.)Note: Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.Amountdesired atend of period$19,200Lengthof time4 yearsRateCompounded12% QuarterlyOn PV Table 12.3PeriodusedRate used%PV factor usedPV of amountdesired atend of period

Present value refers to the money present today that is more worthful than the amount will receive…

Complete the following using present value. (Use the Table 12.3.) Note: Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the neares Amount desired at end of period $ 19,200 Length of time 4 years Rate Compounded 12% Quarterly On PV Table 12.3 Period used Rate used % PV factor used PV of amount desired at end of period

Complete the following using present value. (Use the Table 12.3.) Note: Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the neares Amount desired at end of period $ 19,200 Length of time 4 years Rate Compounded 12% Quarterly On PV Table 12.3 Period used Rate used % PV factor used PV of amount desired at end of period

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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Similar questions

Use the present value table to complete: Note: Round the "PV factor" answer to 4 decimal places. Future Amount Length of Time Desired $ 12,000 12 years Rate Compounded 12% semiannually Table Periods A Rate Used P.V. P.V. Factor Amount C D
General Instruction: Use Yellow paper for your computation and answer. Task 1. Compute the interest of the following: 1. P25,000 at 6% simple interest for 1 year. 2. P30,000 at 9.5% simple interest for 90 days. 3. P60,000 at 12.5% simple interest for 2 years and 6 months.
Scheduled payments of $890 due today, $525 due in 15 months, and $555 due in 33 months are to be replaced by a single equivalent amount paid at the focal date of 6 months from today. Money earns 11.1% compounded quarterly. Using P/Y=C/Y=4 and PMT=0, determine the economically equivalent value for each amount at the focal date and enter the values in the blanks. In your rough work, it may be helpful to draw a timeline with the appropriate focal date for the unknown amount. Round dollar values to 2 decimal places. Moving $890 due today to the focal date: A PV = N= A FV= Moving $525 due in 15 months to the focal date: N = A/ PV = Moving $555 due in 33 months to the focal date: N = A/ PV = The single amount at the focal date is = A FV= A FV = A/ A A/
None
An estimate has the following cost and revenue cash flows. The cash flows are assumed to occur at the end of the year. (a) If interest is 10%, find the net present worth, net future worth, and net annual equivalentworth.(b) Find the rate of return. (Hint: The guessing range is 25 to 30%).(c) Present a summary of the four methods Year Cost Revenue 0 $800 $0 1 - $450 2 - $425 3 - $400
Please calculate the rate used, present value factor used, present value of amount desired at end of period with the present value interest factor chart. Thank you! $6,000 3% 8years compounded semiannually 16 periods
What amount of money invested today at 3.54% compounded monthly will have an accumulated value of $452,000 in 6 years from now. Round all answers to two decimal places if necessary. A P/Y = C/Y = N = I/Y = PMT = $ FV = $ PV = $
T2.

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