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. $800 per year for 16 years at 12%.$b. $400 per year for$c. $500 per year for$years at 6%.years at 0%.d. Rework previous parts assuming they are annuities due.Present value of $800 per year for 16 years at 12%: $Present value of $400 per year for 8 years at 6%: $Present value of $500 per year for 8 years at 0%: $

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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. $800 per year for 16 years at 12%. $ b. $400 per year for 8 years at 6%. $ c. $500 per year for 8 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $800 per year for 16 years at 12%: $ Present value of $400 per year for 8 years at 6%: $ Present value of $500 per year for 8 years at 0%: $

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. $800 per year for 16 years at 12%. $ b. $400 per year for 8 years at 6%. $ c. $500 per year for 8 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $800 per year for 16 years at 12%: $ Present value of $400 per year for 8 years at 6%: $ Present value of $500 per year for 8 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 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%: $
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
Find the present value of $800 due in the future under each of these conditions: A. 14% nominal rate, semiannual compounding, discounted back 10 years. Round your answer to the nearest cent. B. 14% nominal rate, quarterly compounding, discounted back 10 years. Round your answer to the nearest cent. C. 14% nominal rate, monthly compounding, discounted back 1 year. Round your answer to the nearest cent.
Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 10 years at 3%. $ b. An initial $800 compounded for 10 years at 6%. $ c. The present value of $800 due in 10 years at 3%. $ d. The present value of $2,855 due in 10 years at 6% and 3%. Present value at 6%: $ Present value at 3%: $
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 $800 compounded for 1 year at 9%. $ b. An initial $800 compounded for 2 years at 9%. $ c. The present value of $800 due in 1 year at a discount rate of 9%. $ d. The present value of $800 due in 2 years at a discount rate of 9%. $
Find the amount to which $300 will grow under each of these conditions: a. 6% compounded annually for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ b. 6% compounded semiannually for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ c. 6% compounded quarterly for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ d. 6% compounded monthly for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ e. 6% compounded daily for 10 years. Assume 365-days in a year. Do not round intermediate calculations. Round your answer to the nearest cent. $ f.Why does the observed pattern of FVs occur?
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. $300 per year for 8 years at 10%. $ $150 per year for 4 years at 5%. $ $200 per year for 4 years at 0%. $ Rework parts a, b, and c assuming they are annuities due. Future value of $300 per year for 8 years at 10%: $ Future value of $150 per year for 4 years at 5%: $ Future value of $200 per year for 4 years at 0%: $
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. $300 per year for 14 years at 8%. $ $150 per year for 7 years at 4%. $ $1,000 per year for 7 years at 0%. $ Rework previous parts assuming they are annuities due. Present value of $300 per year for 14 years at 8%: $ Present value of $150 per year for 7 years at 4%: $
Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 10 years at 6%. b. An initial $800 compounded for 10 years at 12%. c. The present value of $800 due in 10 years at 6%. d. The present value of $1,485 due in 10 years at 12% and 6%. Present value at 12%: $ Present value at 6%:
Find the amount to which $500 will grow under each of these conditions: 6% compounded annually for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 6% compounded semiannually for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 6% compounded quarterly for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 6% compounded monthly for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 6% compounded daily for 7 years. Assume 365-days in a year. Do not round intermediate calculations. Round your answer to the nearest cent. $ Why does the observed pattern of FVs occur?

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