(Related to Checkpoint 5.4) (Present value) What is the present value of $600 to be received 13 years from now discounted back to the present at 8 percent? The present value of $600 to be received 13 years from now discounted back to the present at 8 percent is $. (Round to the nearest cent.)

(Related to Checkpoint 5.4) (Present value) What is the present value of $600 to be received 13 years from now discounted back to the present at 8 percent? The present value of $600 to be received 13 years from now discounted back to the present at 8 percent is $. (Round to the nearest cent.)

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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Similar questions

If the present discounted value of $1,562 received 7 years from now is $1,123, what is the interest rate, to the nearest 0.01%? Give typing answer with explanation and conclusion
K (Present value of an annuity due) Determine the present value of an annuity due of $2,000 per year for 25 years discounted back to the present at an annual rate of 6 percent. What would be the present value of this annuity due if it were discounted at an annual rate of 11 percent? CELE (Round to the nearest cent.) $(Round to the nearest cent.) a. If the annual discount rate is 6 percent, the present value of the annuity due is $ b. If the annual discount rate is 11 percent, the present value of the annuity due is:
What's the future value of $20,000 after 8 years if the appropriate interest rate is 5.75%, compounded annually?Round your answer to two decimal places. For example, if your answer is $345.667 enter as 345.67 and if your answer is .05718 or 5.718% enter as 5.72 in the answer box provided. Group of answer choices
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
What is the present value of $8,000 received 10 years from today when the interest rate is 4% per year? (Round to the nearestdollar.) 20 years from today when the interest rate is 8% per year? (Round to the nearestdollar.) 5 years from today when the interest rate is 2% per year? (Round to the nearestdollar.)
(Related to Checkpoint 5.4) (Present-value comparison) You are offered $100,000 today or $300,000 in 13 years. Assuming that you can earn 11 percent on your money, which should you choose? If you are offered $300,000 in 13 years and you can earn 11 percent on your money, what is the present value of $300,000? $ (Round to the nearest cent.)
What is the present value of $3,000 to be received 2 years from now, if the discount rate is: (a) 6%, (b) 10%, and (c) 13% ? 1. Use the appropriate table (Appendix C: Table 1) to answer the above questions. 2. Use the formula shown at the bottom of Appendix C. Table 1, to answer the above questions. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions, (Round "PV Factor" to 5 decimal places and "PV values" to 2 decimal places.) Future after-tax cash Bow Cash flow received at the end of year (a) (b) [(0) Answer is complete but not entirely correct. Rate 6% 10% 13% PV Factor 0.89000 $ 0.82645 $ 0.78315 S PV < Required 1 7,553 18,406 2,669.99 2,479.34 2,349 44 **
Investment X offers to pay you $5,800 per year for eight years, whereas Investment Y offers to pay you $7,900 per year for five years. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.) Calculate the present value for Investment X and Y If the discount rate is 5%. Investment X Investment Y Present value Investment X Investment Y 14 Calculate the present value for Investment X and Y If the discount rate is 15%. Present value M PA
If the appropriate interest rate is 7%, then present value of $500 paid at the beginning of each of the next 40 years is closest to: $5960. $7132. $6439. $6,666. (Please correct answer and don't use hend raiting this finanas question)
A) suppose be $22,168.70 not sure formula is correct
(Present value of an annuity due) Determine the present value of an annuity due of $5,000 per year for 8 years discounted back to the present at an annual rate of 14 percent. What would be the present value of this annuity due if it were discounted at an annual rate of 19 percent? a. If the annual discount rate is 14 percent, the present value of the annuity due is $ (Round to the nearest cent.)
(Related to Checkpoint 5.2) (Future value) To what amount will $5,100 invested for 10 years at 9 percent compounded annually accumulate? CHO $5,100 invested for 10 years at 9 percent compounded annually will accumulate to $ (Round to the nearest cent.)

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