Find the equivalent replacement payments for the following scheduled payments. Original Scheduled Payment At an interest rate of 8%, $1300 is due in 5 months. At an interest rate of 3%, $1900 is due in 2 years. Replacement Payment Three equal payments due in 5, 12, and 16 months Focal date Rate One year from today 11% ... The size of the equal payments 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 payments. Original Scheduled Payment At an interest rate of 8%, $1300 is due in 5 months. At an interest rate of 3%, $1900 is due in 2 years. Replacement Payment Three equal payments due in 5, 12, and 16 months Focal date Rate One year from today 11% ... The size of the equal payments is $ (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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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.)
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 $1049, $1055, and $1459 are due in one year, three-and-a-half years, and five years respectively. What is the equivalent single replacement payment three years from now if interest is 8.3% compounded quartertv?
Find the future values of the following ordinary annuities: a. FV of $500 paid each 6 months for 5 years at a nominal rate of 6% compounded semiannually. Do not round Intermediate calculations. Round your answer to the nearest cent. $ b. FV of $250 paid each 3 months for 5 years at a nominal rate of 6% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. $ c. These annuities receive the same amount of cash during the 5-year period and earn interest at the same nominal rate, yet the annuity in part b ends up larger than the one in part a. Why does this occur? -Select-
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.)
i)A payment of$12,055is due in 2 year,$17,000is due in 4 years, and$8,400is due in 6 years. What single equivalent payment made today would replace the three original payments? Assume that money earns4.50%compounded monthly. Round to the nearest cent ii)A payment of$2,200is due in 2 years and$3,100is due in 4 years. These two original payments are to be rescheduled with a payment of$2,050in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns5.5%compounded monthly. Round to the nearest cent iii) A payment of$26,000is due today. What three equal payments, one in 3 years, one in 5 years, and one in 7 years, would replace the original payment? Assume that money earns4.25%compounded quarterly. Round to the nearest cent [ i need 3 answer i will provided upvotes]
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.)
Round to the nearest cent as neccessary
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.)
Find the future values of the following ordinary annuities: FV of $700 paid each 6 months for 5 years at a nominal rate of 8% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent. $ FV of $350 paid each 3 months for 5 years at a nominal rate of 8% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. $ These annuities receive the same amount of cash during the 5-year period and earn interest at the same nominal rate, yet the annuity in part b ends up larger than the one in part a. Why does this occur?

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