How much would you have to invest today to receive: Use Appendix B and Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to he nearest whole dollar.) a. $13,500 in 10 years at 11 percent? Present value b. $17,250 in 16 years at 11 percent? Present value c. $6,900 each year for 19 year at 9 percent? Present value d. $9,000 each year, at the beginning, for 20 years at 11 percent? Present value e. $56,000 each year for 20 years at 6 percent? Present value f. $56,000 each year for 20 years, at the beginning, at 6 percent? Present Value
How much would you have to invest today to receive: Use Appendix B and Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to he nearest whole dollar.) a. $13,500 in 10 years at 11 percent? Present value b. $17,250 in 16 years at 11 percent? Present value c. $6,900 each year for 19 year at 9 percent? Present value d. $9,000 each year, at the beginning, for 20 years at 11 percent? Present value e. $56,000 each year for 20 years at 6 percent? Present value f. $56,000 each year for 20 years, at the beginning, at 6 percent? Present Value
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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Transcribed Image Text:How much would you have to invest today to receive: Use Appendix B and
Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to
the nearest whole dollar.) a. $13,500 in 10 years at 11 percent? Present value b.
$17,250 in 16 years at 11 percent? Present value c. $6,900 each year for 19 years
at 9 percent? Present value d. $9,000 each year, at the beginning, for 20 years at
11 percent? Present value e. $56,000 each year for 20 years at 6 percent?
Present value f. $56,000 each year for 20 years, at the beginning, at 6 percent?
Present Value
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