Question

The following investment requires table factors for periods beyond the table. Create the new table factor rounded to five places and calculate the present value. Round present value to the nearest cent.

Click here for **Table 11-2**

Compound Amount | Term of Investment (years) | Nominal Rate (%) | Interest Compounded | New Table Factor | Present Value |

$1,900 | 12 | 12 | quarterly | $ |

Answer #1

For the following investment, calculate the present value
(principal) and the compound interest. Round your answers to the
nearest cent.
Compound
Amount
Term of
Investment
Nominal
Rate (%)
Interest
Compounded
Present
Value
Compound
Interest
$11,500
36 months
2
semiannually
$
$

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...

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...

(a) What is the present value of $29,400 due 8
periods from now, discounted at 6%? (Round answer to 2
decimal places, e.g. 25.25.)
(b) What is the present value of $29,400 to be
received at the end of each of 12 periods, discounted at 12%?
(Round answer to 2 decimal places, e.g.
25.25.)
------------------
Ivanhoe Company is about to issue $298,700 of 6-year bonds
paying an 11% interest rate, with interest payable semiannually.
The discount rate for such securities...

Find the present value (principal) and the compound interest, as
indicated, for each of the following investments. (Hint: Subtract
the present value from the future value to find the compound
interest.) Use a calculator or Table 16-1 or Table 16-2 to find FVF
or PVF. Round answers to the nearest cent. show entire solution
please.
Future Value - Rate - Term - Present Value -
Compound Interest
2. $18,000 - 6% compounded quarterly - 5 years -
_____ -...

nd the present value of $2,500 under each of the following rates
and periods: (Use 365 days for calculation. If you solve this
problem with algebra round intermediate calculations to 4 decimal
places, in all cases round your final answer to the nearest penny.)
a. 8.9 percent compounded monthly for five years. Present value $
b. 6.6 percent compounded quarterly for eight years. Present value
$ c. 4.3 percent compounded daily for four years. Present value $
d. 5.7 percent...

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. A 6?-month ?$9000 Treasury bill with discount rate 8.671?%
was sold in 2009. Find a. the price of the?
T-bill, and b. the actual interest rate paid by
the Treasury.
a. The price of the? T-bill is ?$
?(Round to the nearest dollar as? needed.)
2. Suppose that ?$30,000 is invested at 7?% interest. Find the
amount of money in the account after 8 years if the interest is
compounded annually.
If interest is compounded? annually, what is the...

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...

Investment Payback Calculation
Submit written responses to these questions.
What is the difference between simple interest and compound
interest?
What is the future value of $10,000 with an interest rate of 16
percent and one annual period of compounding? With an annual
interest rate of 16 percent and two semiannual periods of
compounding? With an annual interest rate of 16 percent and four
quarterly periods of compounding?
What is the relationship between the present value factor and
future value factor?...

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