Construction Accounting And Financial Management (4th Edition)
4th Edition
ISBN: 9780135232873
Author: Steven J. Peterson MBA PE
Publisher: PEARSON
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Chapter 15, Problem 18P
To determine
Compute the uniform series of
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Chapter 15 Solutions
Construction Accounting And Financial Management (4th Edition)
Ch. 15 - On what three things is equivalence based?Ch. 15 - Prob. 2DQCh. 15 - How do you find the interest rate at which two or...Ch. 15 - Prob. 4DQCh. 15 - How does inflation affect interest rates?Ch. 15 - Prob. 6DQCh. 15 - What is the future value, ten years from now, of...Ch. 15 - What is the future value, ten years from now, of...Ch. 15 - Prob. 9PCh. 15 - Prob. 10P
Ch. 15 - Prob. 11PCh. 15 - What is the future value, five years from now, of...Ch. 15 - Prob. 13PCh. 15 - Prob. 14PCh. 15 - Prob. 15PCh. 15 - Prob. 16PCh. 15 - Prob. 17PCh. 15 - Prob. 18PCh. 15 - Prob. 19PCh. 15 - Prob. 20PCh. 15 - Prob. 21PCh. 15 - Determine the future value at the end of June for...Ch. 15 - Prob. 23PCh. 15 - Prob. 24PCh. 15 - Prob. 25PCh. 15 - Prob. 26PCh. 15 - Prob. 27PCh. 15 - Prob. 28PCh. 15 - Prob. 29PCh. 15 - At what periodic interest rate is a 4,000 cash...Ch. 15 - Prob. 31PCh. 15 - Prob. 32PCh. 15 - Prob. 33PCh. 15 - Prob. 34PCh. 15 - How much money needs to be set aside today to...Ch. 15 - How much money needs to be set aside today to...
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- What lump sum of money must be deposited into a bank account at present time so that $1,500 per semi-annual can be withdrawn for 10 years, with the first withdrawal scheduled for five years from today? The nominal interest rate is 12% per year compounded quarterlyarrow_forwardUsing the future values tables, solve the following: What is the future value on December 31, Year 11, of 20 cash flows of $15,000 with the first cash payment made on December 31, Year 1, and the annual interest rate of 10% being compounded semiannually?arrow_forwardFor the given cash flow, if the equivalent uniform annual payments is $5000 and the interest rate is 25% per year. End of 1 3 4 6. 7. Year Cost 2A 2A+30 2A+60 2A+90 2A+120 2A+150 2A+180 2A+210 2A+240 Determine the amount of (A) ? Determine the equivalent present value?arrow_forward
- What is the future value on December 31, Year 11, of 20 cash flows of $15,000 with the first cash payment made on December 31, Year 1, and the annual interest rate of 10% being compounded semiannually?arrow_forwardSuppose that a certain EOY (end of year) cash flows are expected to be $1,000 for the second year, $2,000 for the 3rd year, and $3,000 for the fourth year and that, if interest is 15% per year, Determine1. Present equivalent value at the beginning of the first year 2. Uniform annual equivalent value at the end of each of the four years.arrow_forwardIf cash flows are received on a semi-annual basis; the effective semiannual interest rate, if it is 3% per quarter compounded quarterly, is:arrow_forward
- Consider each of the following deposit cash flow series. What will the final balance be (e.g., future equivalent value) after the final deposit? Assume the account earns 10% interest compounded annually. a) b) Year Cash Flow/$ Year Cash Flow/$ 0 25 0 35 1 50 1 60 2 75 2 75 3 100 3 110 4 125 4 135 5 150 5 160arrow_forwardAssume that time is measured in years and that interest rates are constant. A cashflow of amount £1000 is paid each year, with the first payment made at time 1 and the last payment made at time 20. Using a constant effective interest rate of 3% per annum, calculate the present value at time 0 of the cashflows.arrow_forwardWith cash flow diagram. What lump sum of money must be deposited into a bank account at present time so that $1,500 per semi-annual can be withdrawn for 10 years, with the first withdrawal scheduled for five years from today? The nominal interest rate is 12% per year compounded quarterly. a)9457 b)10033 c)12025 d)17080arrow_forward
- 1. For each of the following cases, calculate the future value of the single cash flow deposited today that will be available at the end of the deposit period if the interest is compounded annually at the rate specified over the given period. Case Single Cash Flows ($) Interest Rate (%) Deposit Period (years) A $100 3.5% 30 B $5,000 10% 25 C $12,500 12% 7 D $23,200 14% 10arrow_forwardFor what interest rate will an uniform cash flow of $30,000 per year for 20 years, (t=1 to 20) be equivalent to a present worth of $294,543 ? 4% 6% O 8% 7% O 5% O Oarrow_forwardWhat single payment at the beginning of year 2 is equivalent to an equal annual series of payments of $8000 beginning at the end of year 3 and ending at the end of year 8? Use i = 10 % compounded annually. (using cash flow diagram is recommended)arrow_forward
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