t (years) CF oblem 4. You invested $100,000 now in a venture that has a rate of return of 10% per year. In return, you will receive the cash amounts presented in the attached table over the coming 20 years. What is the value Answer: K= $29,570 1 3 4 of K in the table? 5 K K 7 K 8 K 9. 0.800 K 10 0.640 K 11 0.512 K 12 0.410 K 13 0.328 K 14 0.262 K 15 0.210 K 16 0.168 K 17 0.134 K 18 0.107 K 19 0.086 K 20 0.069 K 2.
t (years) CF oblem 4. You invested $100,000 now in a venture that has a rate of return of 10% per year. In return, you will receive the cash amounts presented in the attached table over the coming 20 years. What is the value Answer: K= $29,570 1 3 4 of K in the table? 5 K K 7 K 8 K 9. 0.800 K 10 0.640 K 11 0.512 K 12 0.410 K 13 0.328 K 14 0.262 K 15 0.210 K 16 0.168 K 17 0.134 K 18 0.107 K 19 0.086 K 20 0.069 K 2.
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
Related questions
Question
Q4
Please solve with hand by calculation using formulas (Not in excel)
Transcribed Image Text:t (years)
CF
Problem 4. You invested $100,000 now in a venture that has a
rate of return of 10% per year. In return, you will
receive the cash amounts presented in the attached
table over the coming 20 years. What is the value
Answer: K = $29,570
1
2
3
4
of K in the table?
5
K
K
7
K
8.
K
0.800 K
10
0.640 K
11
0.512 K
12
0.410 K
13
0.328 K
14
0.262 K
15
0.210 K
16
0.168 к
17
0.134 K
18
0.107 K
19
0.086 K
20
0.069 K
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