To Find P Given F N PIF Discrete Compounding; /=9% Single Payment Compound Amount Factor To Find F Given P FIP Present Worth Factor Compound Amount Uniform Series Sinking Capital Factor Present Worth Factor Fund Factor Recovery Factor To Find F To Find P To Find A To Find A Given A Given A Given F Given P FIA PIA AIF AIP 1 1.0900 0.9174 1.0000 0.9174 1.0000 1.0900 2 1.1881 0.8417 2.0900 1.7591 0.4785 0.5685 3 1.2950 0.7722 3.2781 2.5313 0.3051 0.3951 4 1.4116 0.7084 4.5731 3.2397 0.2187 0.3087 5 1.5386 0.6499 5.9847 3.8897 0.1671 0.2571 6 1.6771 0.5963 7.5233 4.4859 0.1329 0.2229 7 1.8280 0.5470 9.2004 5.0330 0.1087 0.1987 8 1.9926 0.5019 11.0285 5.5348 0.0907 0.1807 9 2.1719 0.4604 13.0210 5.9952 0.0768 0.1668 10 2.3674 0.4224 15.1929 6.4177 0.0658 0.1558 Compound Discrete Compounding; /=8% Single Payment Compound Uniform Series Sinking Amount Factor Present Worth Factor Amount Present Fund Capital Recovery Factor Worth Factor Factor To Find F To Find P To Find F To Find P To Find A Given P Given F Given A Given A Given F Factor To Find A Given P N FIP PIF FIA PIA AIF AIP 1 1.0800 0.9259 1.0000 0.9259 1.0000 1.0800 2 1.1664 0.8573 2.0800 1.7833 0.4808 0.5608 3 1.2597 0.7938 3.2464 2.5771 0.3080 0.3880 4 1.3605 0.7350 4.5061 3.3121 0.2219 0.3019 5 1.4693 0.6806 5.8666 3.9927 0.1705 0.2505 6 1.5869 0.6302 7.3359 4.6229 0.1363 0.2163 7 1.7138 0.5835 8.9228 5.2064 0.1121 0.1921 8 1.8509 0.5403 10.6366 5.7466 0.0940 0.1740 9 1.9990 0.5002 12.4876 6.2469 0.0801 0.1601 10 2.1589 0.4632 14.4866 6.7101 0.0690 0.1490
To Find P Given F N PIF Discrete Compounding; /=9% Single Payment Compound Amount Factor To Find F Given P FIP Present Worth Factor Compound Amount Uniform Series Sinking Capital Factor Present Worth Factor Fund Factor Recovery Factor To Find F To Find P To Find A To Find A Given A Given A Given F Given P FIA PIA AIF AIP 1 1.0900 0.9174 1.0000 0.9174 1.0000 1.0900 2 1.1881 0.8417 2.0900 1.7591 0.4785 0.5685 3 1.2950 0.7722 3.2781 2.5313 0.3051 0.3951 4 1.4116 0.7084 4.5731 3.2397 0.2187 0.3087 5 1.5386 0.6499 5.9847 3.8897 0.1671 0.2571 6 1.6771 0.5963 7.5233 4.4859 0.1329 0.2229 7 1.8280 0.5470 9.2004 5.0330 0.1087 0.1987 8 1.9926 0.5019 11.0285 5.5348 0.0907 0.1807 9 2.1719 0.4604 13.0210 5.9952 0.0768 0.1668 10 2.3674 0.4224 15.1929 6.4177 0.0658 0.1558 Compound Discrete Compounding; /=8% Single Payment Compound Uniform Series Sinking Amount Factor Present Worth Factor Amount Present Fund Capital Recovery Factor Worth Factor Factor To Find F To Find P To Find F To Find P To Find A Given P Given F Given A Given A Given F Factor To Find A Given P N FIP PIF FIA PIA AIF AIP 1 1.0800 0.9259 1.0000 0.9259 1.0000 1.0800 2 1.1664 0.8573 2.0800 1.7833 0.4808 0.5608 3 1.2597 0.7938 3.2464 2.5771 0.3080 0.3880 4 1.3605 0.7350 4.5061 3.3121 0.2219 0.3019 5 1.4693 0.6806 5.8666 3.9927 0.1705 0.2505 6 1.5869 0.6302 7.3359 4.6229 0.1363 0.2163 7 1.7138 0.5835 8.9228 5.2064 0.1121 0.1921 8 1.8509 0.5403 10.6366 5.7466 0.0940 0.1740 9 1.9990 0.5002 12.4876 6.2469 0.0801 0.1601 10 2.1589 0.4632 14.4866 6.7101 0.0690 0.1490
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
A bond with a face value of $10,000 pays interest of 8% per year. This bond will be redeemed at its face value at the end of ten years. How much should be paid now for this bond when the first interest payment is payable one year from now and a 9% yield is desired?
Transcribed Image Text:To Find P
Given F
N
PIF
Discrete Compounding; /=9%
Single Payment
Compound
Amount
Factor
To Find F
Given P
FIP
Present
Worth Factor
Compound
Amount
Uniform Series
Sinking
Capital
Factor
Present
Worth Factor
Fund
Factor
Recovery
Factor
To Find F
To Find P
To Find A
To Find A
Given A
Given A
Given F
Given P
FIA
PIA
AIF
AIP
1
1.0900
0.9174
1.0000
0.9174
1.0000
1.0900
2
1.1881
0.8417
2.0900
1.7591
0.4785
0.5685
3
1.2950
0.7722
3.2781
2.5313
0.3051
0.3951
4
1.4116
0.7084
4.5731
3.2397
0.2187
0.3087
5
1.5386
0.6499
5.9847
3.8897
0.1671
0.2571
6
1.6771
0.5963
7.5233
4.4859
0.1329
0.2229
7
1.8280
0.5470
9.2004
5.0330
0.1087
0.1987
8
1.9926
0.5019
11.0285
5.5348
0.0907
0.1807
9
2.1719
0.4604
13.0210
5.9952
0.0768
0.1668
10
2.3674
0.4224
15.1929
6.4177
0.0658
0.1558
Transcribed Image Text:Compound
Discrete Compounding; /=8%
Single Payment
Compound
Uniform Series
Sinking
Amount
Factor
Present
Worth Factor
Amount
Present
Fund
Capital
Recovery
Factor
Worth Factor
Factor
To Find F
To Find P
To Find F
To Find P
To Find A
Given P
Given F
Given A
Given A
Given F
Factor
To Find A
Given P
N
FIP
PIF
FIA
PIA
AIF
AIP
1
1.0800
0.9259
1.0000
0.9259
1.0000
1.0800
2
1.1664
0.8573
2.0800
1.7833
0.4808
0.5608
3
1.2597
0.7938
3.2464
2.5771
0.3080
0.3880
4
1.3605
0.7350
4.5061
3.3121
0.2219
0.3019
5
1.4693
0.6806
5.8666
3.9927
0.1705
0.2505
6
1.5869
0.6302
7.3359
4.6229
0.1363
0.2163
7
1.7138
0.5835
8.9228
5.2064
0.1121
0.1921
8
1.8509
0.5403
10.6366
5.7466
0.0940
0.1740
9
1.9990
0.5002
12.4876
6.2469
0.0801
0.1601
10
2.1589
0.4632
14.4866
6.7101
0.0690
0.1490
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