Question

Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.

$52,480 receivable at the end of each period for 8 periods
compounded at 11%. *(Round factor values to 5 decimal
places, e.g. 1.25124 and final answer to 0 decimal places, e.g.
458,581.)*

Present value |

$52,480 payments to be made at the end of each period for 17
periods at 10%. *(Round factor values to 5 decimal
places, e.g. 1.25124 and final answer to 0 decimal places, e.g.
458,581.)*

Present value |

$52,480 payable at the end of the seventh, eighth, ninth, and
tenth periods at 11%. *(Round factor values to 5 decimal
places, e.g. 1.25124 and final answer to 0 decimal places, e.g.
458,581.)*

Present value |
$enter the present value in dollars rounded to 0 decimal places |

please show work and explain

Answer #1

Using the appropriate interest table, compute the present values
of the following periodic amounts due at the end of the designated
periods. Click here to view factor tables $50,440 receivable at the
end of each period for 8 periods compounded at 11%. (Round factor
values to 5 decimal places, e.g. 1.25124 and final answer to 0
decimal places, e.g. 458,581.) Present value $ Click here to view
factor tables $50,440 payments to be made at the end of each period...

$51,270 receivable at the end of each period for 8 periods
compounded at 11%. (Round factor values to 5 decimal
places, e.g. 1.25124 and final answer to 0 decimal places, e.g.
458,581.)
Present value
$ enter the present value in dollars rounded to 0 decimal
places
$51,270 payments to be made at the end of each period for 16
periods at 9%. (Round factor values to 5 decimal
places, e.g. 1.25124 and final answer to 0 decimal places, e.g.
458,581.)...

Using the appropriate interest table, answer the following
questions. (Each case is independent of the others.)
What is the future value of 24 periodic payments of $4,660 each
made at the beginning of each period and compounded at 8%?
(Round factor values to 5 decimal places, e.g. 1.25124
and final answer to 0 decimal places, e.g.
458,581.)
The future value
$
What is the present value of $2,600 to be received at the
beginning of each of 30 periods, discounted...

Using the appropriate interest table, answer the following
questions. (Each case is independent of the others.)
What is the future value of 24 periodic payments of $4,890 each
made at the beginning of each period and compounded at 8%?
(Round factor values to 5 decimal places, e.g. 1.25124
and final answer to 0 decimal places, e.g.
458,581.)
The future value
$enter the future value in dollars rounded to 0 decimal
places
What is the present value of $3,950 to be...

Using the appropriate interest table, answer each of the
following questions. (Each case is independent of the others.)
Click here to view factor tables
What is the future value of $7,020 at the end of 7 periods at 8%
compounded interest? (Round factor values to 5 decimal
places, e.g. 1.25124 and final answer to 0 decimal places, e.g.
458,581.)
The future value
$enter the future value in dollars rounded to 0 decimal
places
eTextbook and Media
Click here to view...

Problem 6-5 Julia Baker died, leaving to her husband Leon an
insurance policy contract that provides that the beneficiary (Leon)
can choose any one of the following four options. Money is worth
2.50% per quarter, compounded quarterly. Compute Present value if:
Click here to view factor tables (a) $55,240 immediate cash. (Round
factor values to 5 decimal places, e.g. 1.25124 and final answer to
0 decimal places, e.g. 458,581.) Present value $ 55240 (b) $4,090
every 3 months payable at...

Stacy Alvarez is investing $381,500 in a fund that earns 11%
interest compounded annually.
Click here to view factor tables
What equal amounts can Stacy withdraw at the end of each of the
next 16 years? (Round factor values to 5 decimal
places, e.g. 1.25124 and final answers to 0 decimal places, e.g.
458,581.)
Yearly withdrawals
$
Chris Inc. will deposit $56,600 in a 11% fund at the end of each
year for 7 years beginning December 31, 2020.
Click...

Leon Jackson invests $37,500 at 10% annual interest, leaving the
money invested without withdrawing any of the interest for 10
years. At the end of the 10 years, Leon withdraws the accumulated
amount of money.
Compute the amount Leon would withdraw assuming the investment
earns simple interest. (Round answers to 0 decimal
places, e.g. 458,581.)
Compute the amount Leon would withdraw assuming the investment
earns interest compounded annually. (Round factor
values to 5 decimal places, e.g. 1.25124 and final answer...

Riverbed Leasing Company purchased specialized equipment from
Wayne Company on December 31, 2019 for $510,000. On the same date,
it leased this equipment to Sears Company for 5 years, the useful
life of the equipment. The lease payments begin January 1, 2020 and
are made every 6 months until July 1, 2024. Riverbed Leasing wants
to earn 10% annually on its investment.
Various
Factors at 10%
Periods
or Rents
Future
Value of $1
Present
Value of $1
Future Value of...

Brief Exercise 6-6
Henry Madison needs $270,000 in 10 years.
Click here to view factor tables
How much must he invest at the end of each year, at 11% interest,
to meet his needs? (Round factor values to 5 decimal
places, e.g. 1.25124 and final answers to 0 decimal places, e.g.
458,581.)
Investment amount

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