Find the equivalent replacement payments for the following scheduled payment. Original Scheduled Payment Replacement Payment Focal date Rate $1000 due eight months ago In full Today 7.5% The equivalent replacement payment is S. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Find the equivalent replacement payments for the following scheduled payment. Original Scheduled Payment Replacement Payment Focal date Rate $1000 due eight months ago In full Today 7.5% The equivalent replacement payment is S. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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

Scheduled payments of $379, $1336, and $825 are due in one year, four-and-a-half years, and five-and-a-half years respectively. What is the equivalent single replacement payment two years from now if interest is 3.5% compounded quarterly? The equivalent single replacement payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $128.00 1 year 8 years 4% quarterly The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Find the present value of the following deferred annuity due. Periodic Made Payment Period of Deferment Payment At: Period $800 beginning 3 months 8 years Term 6 years Interest Rate 6% Conversion Period monthly The present value of the deferred annuity due is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Find the equivalent replacement payments for the following scheduled payment. Original Scheduled Payment Replacement Payment Focal date Rate $900 due eight months ago In full Today 55%
A loan payment of $1100.00 was due 10 days ago and another payment of $800.00 is due 40 days from now. What single payment 90 days from now will pay off the two obligations if interest is to be 3% and the agreed focal date is 90 days from now? The value of the payment is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Scheduled payments of $1351, $1445, and $1003 are due in one year, three-and-a-half years, and six years respectively. What is the equivalent single replacement payment two years from now if interest is 6.7% compounded annually? The equivalent ingle replacement payment is: (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Payment of $942 due 1 months ago and $439 due today are to be repaid by a payment of $400 one month from today and the balance in 9 months from now. If money is worth 4% compounded monthly, and the agreed focal date is 9 months from today. What is the size of the final payment? Please express your answer to the nearest dollar. Sample input: 2456 for $2456.
Scheduled payments of $503, $1303, and $975 are due in one-and-a-half years, three-and-a-half years, and six years respectively. What is the equivalent single replacement payment two years from now if interest is 1.7% compounded semi-annually? The equivalent single replacement payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Three payments are scheduled as follows: $1,500 is due today, $1,200 is due in five months, and $2,100 is due in eight months. The three payments are to be replaced by a single equivalent payment due ten months from now. What should the payment be if money is worth 6.5%? Use ten months from now as the focal date. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Payment LA
Scheduled loan payments of $1285 due in 6 months and $337 due in 24 months are rescheduled as a payment of $993 due in 33 months and a second payment due in 45 months. Determine the size of the second payment if interest is 3% compounded annually and the focal date is 45 months from now. The size of the second payment is (Round t and the final answer to the n e nearest cent as needed. Round all intermediate values to six decimal places as needed.)
What is the present value of a $1,300 payment made in five years when the discount rate is 10 percent? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Present value
( please give correct answer within 10 minutes i will give thumbs up)

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