Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent.a. $500 per year for 8 years at 8%.$b. $250 per year for 4 years at 4%.$c. $1,000 per year for 4 years at 0%.$d. Rework parts a, b, and c assuming they are annuities due.Future value of $500 per year for 8 years at 8%: $Future value of $250 per year for 4 years at 4%: $Future value of $1,000 per year for 4 years at 0%: $

Annuities$500$250$1,000Interest rate8%4%0%Number of years8 years4 years4 years

Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $500 per year for years at 8%. $ b. $250 per year for years at 4%. $ c. $1,000 per year for 4 years at 0%. $ d. Rework parts a, b, and c assuming they are annuities due. Future value of $500 per year for 8 years at 8%: $ Future value of $250 per year for 4 years at 4%: $ Future value of $1,000 per year for 4 years at 0%: $

Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $500 per year for years at 8%. $ b. $250 per year for years at 4%. $ c. $1,000 per year for 4 years at 0%. $ d. Rework parts a, b, and c assuming they are annuities due. Future value of $500 per year for 8 years at 8%: $ Future value of $250 per year for 4 years at 4%: $ Future value of $1,000 per year for 4 years at 0%: $

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 $800 due in the future under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent. 12% nominal rate, semiannual compounding, discounted back 5 years. $ 12% nominal rate, quarterly compounding, discounted back 5 years. $ 12% nominal rate, monthly compounding, discounted back 1 year. $
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-
Find the following valuesusing the equations and then a financial calculator. Compounding/discounting occursannually.a. An initial $600 compounded for 1 year at 6%b. An initial $600 compounded for 2 years at 6%c. The present value of $600 due in 1 year at a discount rate of 6%d. The present value of $600 due in 2 years at a discount rate of 6%
3 O Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $400 per year for 16 years at 6%. $ 2,790.13 b. $200 per year for 8 years at 3%. $ 1,768.79 c. $900 per year for 8 years at 0%. 7,200 d. Rework parts a, b, and c assuming they are annuities due. Future value of $400 per year for 16 years at 6%: $ Future value of $200 per year for 8 years at 3%: $ Future value of $900 per year for 8 years at 0%: $ $ 2,962.29 1,852.24 7,200
Please show working. please answer a, b, c and d Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $300 compounded for 1 year at 7%. b. An initial $300 compounded for 2 years at 7%. c. The present value of $300 due in 1 year at a discount rate of 7%. d. The present value of $300 due in 2 years at a discount rate of 7%.
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%: $
Find the present value of $500 due in the future under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent. 6% nominal rate, semiannual compounding, discounted back 5 years. $ 6% nominal rate, quarterly compounding, discounted back 5 years. $ 6% nominal rate, monthly compounding, discounted back 1 year. $
Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $900 per year for 12 years at 6%. $ b. $450 per year for 6 years at 3%. $ c. $700 per year for 6 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $900 per year for 12 years at 6%: $ Present value of $450 per year for 6 years at 3%: $ Present value of $700 per year for 6 years at 0%: $
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Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. A. An initial $300 compounded for 1 year at 4%. B. An initial $300 compounded for 2 years at 4%. C. The present value of $300 due in 1 year at a discount rate of 4%. D. The present value of $300 due in 2 years at a discount rate of 4%.
Compute the future value of $2,000 compounded annually for: a. 10 years at 9 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. 10 years at 12 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. 15 years at 9 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Future value b. Future value C. Future value ( Prev 2 of 9 ..

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