What is the value today of receiving $2,416 per year forever? Assume the first payment is made next year and the discount rate is 15%.
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityWhat is the present value of $4,000 paid each year forever, assuming a discount rate of 7% and the first payment occurs one year from now?What is the value today of $1,200 per year, at a discount rate of 6 percent, if the first payment is received 7 years from now and the last payment is received 22 years from today?
- What is the value today of $4,800 per year, at a discount rate of 8 percent, if the first payment is received 7 years from today and the last payment is received 25 years from today?What is the value today of $1,500 per year, at a discount rate of 9 percent, if the first payment is received 9 years from now and the last payment is received 27 years from today? Give typing answer with explanation and conclusionA perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased. What is the future value (FV) of this perpetuity, given that the interest rate is 3%?
- Suppose an annuity will pay $14,000 at the beginning of each year for the next 5 years. How much money is needed to start this annuity if it earns 6.5%, compounded annually? (Round your answer to the nearest cent.)$_____What is the present value of $200 per year, at a discount rate of 18.25 percent, if the first payment is received 6 years from now and the last payment is received 16 years from now?What is the present value of a four-period annuity of $200 per year that begins two years from today if the discount rate is 9%?
- A perpetuity will pay $1,000 per year, starting five years after the perpetuity is purchased. What is the future value (FV) of this perpetuity, given that the interest rate is 3%?What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and you receive a total of 23 annual payments?Calculate the present value of a four-period annuity of $200 per year that begins twoyears from today if the discount rate is 9%?
