Find the following value. Compounding/discounting occurs annually. An initial $500 compounded for 10 years at 8%.
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- Find the future value of an initial $500 compounded annually for 6 years at 8%.The present value of $500 to be received at the end of each year for seven years at a discount rate of 8 percent is ? .Find the following values (compunding/discounting occurs annually): A. An initial $500 compounded for 1 year @ 6% B. An initial $500 compounded for 2 years @ 6% C. The present value of $500 due in 1 year at a discount rate of 6% D. The present value of $500 due in 2 years at a discount rate of 6%
- Find the present value of the following future amount. $300,000 at 12% compounded semiannually for 15 years What is the present value? (Round to the appropriate cent.)Find the future value of an investment of $9,000 if it is invested for five years and compounded semiannually at an annual rate of 2%. Use the $1.00 future value table or the future value and compound interest formula.The present value of $10,000 to be received five years from today, assuming a discount rate of 9% compounded monthly, is closest to,:A. $6,387.B. $6,499. C. $6,897. use excel.
- Find the present value of the following future amount. $200,000 at 10% compounded quarterly for 15 years What is the present value? $ (Round to the appropriate cent.)What is the future value of $750.00 received today and deposited at 8% per year for 10 years with interest compounded semi-annually?Find the present value of the following annuities: 100 starting at time 8 and increasing by 100 annually for 13 years (until time 20) if the effective rate is 8%
- Determine the present value if $5,000 is received in the future (that is ,at the end of each indicated time period ) in each of the following situations: 5% of 10 yearsNow rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. Future value of $800 per year for 10 years at 12%: $ Future value of $400 per year for 5 years at 6%: $ Future value of $800 per year for 5 years at 0%: $Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. Present value of $800 per year for 10 years at 14%: $ Present value of $400 per year for 5 years at 7%: $ Present value of $800 per year for 5 years at 0%: $