Solve for the unknown number of years in each of the following: Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Present Value $ 500 2,191 33,305 33,000 Years Interest Rate 9% 7% 12% 19 % Future Value $ 1,355 3,950 389,620 205,772

Q: A payment of $5000 that was due 20 days ago and another payment of $4000 that is due 50 days from…

A: Here, $5,000 is due 20 days ago $4,000 is due in 50 days $6,000 payment is done today $X payment is…

Q: At a growth (interest) rate of 18 percent annually, how long will it take for a sum to double? To…

A: Present value is a financial concept that represents the value of a future sum of money in terms of…

Q: What is the present value of $3,125 per year, at a discount rate of 10 percent, if the first payment…

A: Since the first payment is received nine years from today and the last payment is received 21 years…

Q: None

A: Given information, Annual deposit payment (PMT) = $2,400Number of periods (n) = 6 yearsAnnual return…

Q: Sheffield Pix currently uses a six-year-old molding machine to manufacture silver picture frames.…

A: Net Present Value=(Present Value of Cash Inflows-Present Value of Cash Outflows) IRR is a rate at…

Q: (a) What is the present value of $31,000 due 12 periods from now, discounted at 12%? (Round answer…

A: Formula: Present value = 1 / ( 1 + R )n

Q: Payback, NPV, and IRR Rieger International is evaluating the feasibility of investing $94,000 in a…

A: Net present value is the difference between the present value of cash inflows and out flows. IRR is…

Q: Please correct answer and don't use hand rating

A:

Q: Present Value Years Interest Rate Future Value 600 8% 24 1,393 850 12 2,330 18,800 18 367,247 21,900…

A: year=logfuture valuepresent valuelog 1+rate

Q: Compute the present value of a $5,800 deposit in year 1, and another $5,300 deposit at the end of…

A: Interest rate = 8%   Present value is the discounted value of each deposit.

Q: Do not give excel answer , i need explained answer. A payment of $5000 that was due 20 days ago and…

A: in this we have to calculate present value of all payment and equate to get value of X.

Q: Compute the amount that can be borrowed under each of the following circumstances: (PV of $1. FV of…

A: Time value of money is a concept where interest component for time period is considered. Time value…

Q: What is the future value of $1,800 in 19 years at an APR of 7.1 percent compounded semiannually? (Do…

A: The future value refers to the value of an investment or amount of money at a specified point in the…

Q: Solve for the unknown number of years in each of the following: Present Value $650 $810 $18,400…

A: Solution: When an amount is invested somewhere, it earns interest on it. The amount initially…

Q: Two payments of $5,200 are to be received four and eight months from now. b. If the rate of interest…

A: Economic value is the measurement of the benefit derived from a good or service to an individual or…

Q: Present Value Computations Using the present value tables, solve the following. (Click here to…

A:

Q: (b) Your answer is incorrect. Calculate the annual rate of return. (Round answer to 2 decimal…

A: The rate of return refers to the profit earned over an investment made by the investors. It is…

Q: What is the present value of $3,670 to be received at the beginning of each of 28 periods,…

A: Present value means the present worth of the money to be received or paid in the future…

Q: Solve for the unknown number of years in each of the following: (Do not round intermediate…

A: Solution:When some amount is invested somewhere, it earns interest on it.The amount initially…

Q: What is the value today of $4,300 per year, at a discount rate of 10 percent, if the first payment…

A: Present Value can be calculated using PV function in excelPV (rate, nper, pmt, [Fv], [type])Rate The…

Q: For each of the following, compute the future value: (Do not round intermediate calculations and…

A: Future Value (FV) refers to the worth of an asset or cash at a specified date in the future based on…

Q: Solve for the unknown interest rate in each of the following: 2 decimal places.) Present Value $ 270…

A: Present value and future value.Present value refers to the amount of money that needs to be invested…

Q: Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round…

A: Calculation of future values of ordinary annuities and annuities due: Answer: Future value of…

Q: QUESTION ( if $25,000 is borrowed with an interest of 8.0% compounded annually, what is the total…

A: Compound interest is the interest calculated on both the initial principal and the accumulated…

Q: Solve for the unknown interest rate in each of the following: Note: Do not round intermediate…

A: We need to use RATE function in excel to calculate interest rate. The formula is: = RATE( NPER,…

Q: Lynn Ally, owner of a local Subway shop, loaned $51,000 to Pete Hall to help him open a Subway…

A: Future Value: It represents the expected value of the current amount of the sum. It is computed by…

Q: Solve for the unknown number of years in each of the following: (Do not round intermediate…

A: The present value refers to the present-day value of a certain amount to be received in the future.…

Q: Solve for the unknown number of years in each of the following: Note: Do not round intermediate…

A: We can calculate the number of years using Excel by applying the =NPER function and then inputting…

Q: Solitude Company borrowed $60,000 for 3 years with a stated annual rate of 5%. Assuming interest is…

A: In compounding of interest there is interest on interest including the interest on the principal…

Q: Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round…

A: Ordinary Annuity:   $300 per year for 16 years at 16%: $18,069.17   $150 per year for 8 years at 8%:…