The number of dollars that would be accumulated now from an investment of $1000 twenty-five years ago if the market interest rate was 5% per year is closest to: (a) $1,640 (b) $2,360 (c) $3,386 (d) $5,430 (e) $5,556
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- An investment becomes P 4,500,000 four years from now and becomes P 5,250,000 thirteen years from now. a. Assuming rate of compounded interest remains constant through time, what was the investment's value on the present time? b. What rate of interest compounded quarterly is equivalent to the interest rate of the given investment? c. What rate of interest compounded monthly is equivalent to the interest rate of the given investment?Present Value of Amounts Due Assume that you are going to receive $440,000 in 10 years. The current market rate of interest is 11%, compounded annually. a. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually. Round to the nearest whole dollar. b. Why is the present value less than the $440,000 to be received in the future? The present value is less due to the compounding of interest inflation the compounding of interest deflation over the 10 years.What is the present value of end-of-year cash flows of $9,000 per year, with the first cash flow received ten years from today(Year 10)and the last one 42years from today(Year 42)? Assume interest rate of 6%.(Note: This question is worth more
- For a present sum of $620,000, determine the annual worth (in then-current dollars) in years 1 through 7 if the market interest rate is 12% per year and the inflation rate is 5% per year.The annual worth is $?(a) Calculate the perpetual equivalent annual worth in future dollars for years 1 through ∞ for income of $50,000 now and $5000 per year thereafter. Assume the market interest rate is 8% per year and inflation averages 4% per year. All amounts are quoted as future dollars. (b) If the amounts had been quoted in CV dollars, what is the annual worth in future dollars?What would be the future value of $7,992 invested annually for nine years beginning one year from now if the annual interest rate is 10 percent? (Round answer to 2 decimal places, e.g., 1,220.25.) Future value . . $
- Present Value of Amounts Due Assume that you are going to receive $620,000 in 10 years. The current market rate of interest is 5.5%. a. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually. Round to the nearest whole dollar. 6,599,39 X b. Why is the present value less than the $620,000 to be received in the future? The present value is less due to inflation X over the 10 years.If an initial investment of $1,000 is invested at 8% interest per year with semi-annual compounding, how much would be in the account after five years? A. $1,081.60 B. $1,061.66 C. $1,051.00 D. $1,281.60 The difference between the present and future worth of money at some time in the future is called A. Discount B. Deduction C. Inflation D. DepletionSuppose S500 is invested at 4% compounded quarterly. (a) How long will it take the investament to accumulate to $750 if the exact method for accumulation is in effect? (b) How long will it take the investment to accumulate to $750 if the practical method for accumulation is in effect? Be sure to us linear interpolation! (e) What anmual effective interest rate must 8500 be invested at to accumulate to S750 in 10 years?
- What is the present value of $25,000 to be received in 15 years at an (A) 6.2% interest rate and (B) 9.6% interest rate? Explain why the present value is lower when the interest rate is higher.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.)Present Value of Amounts Due Assume that you are going to receive $730,000 in 10 years. The current market rate of interest is 4.5%. a. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually. Round to the nearest whole dollar. b. Why is the present value less than the $730,000 to be received in the future? The present value is less due to the compounding of interest V over the 10 years.