Question

How much would you have to invest today to receive the following? Use Appendix B or Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a. $13,000 in 8 years at 12 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

b. $16,500 in 15 years at 9 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

c. $6,700 each year for 17 years at 15 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

d. $44,000 each year or 40 years at 9 percent.

Answer #1

1.Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)

=$13000/1.12^8

=**$5250.48**

**2.**Present value of inflows=cash inflow*Present
value of discounting factor(rate%,time period)

=$165001.09^15

=**$4529.88**

**3.**Present value of
annuity=Annuity[1-(1+interest rate)^-time period]/rate

=$6700[1-(1.15)^-17]/0.15

=$6700*6.047160755

=**$40515.98**

**4.**Present value of
annuity=Annuity[1-(1+interest rate)^-time period]/rate

=$44000[1-(1.09)^-40]/0.09

=$44000*10.7573602

which is equal to

=**$473,323.85(Approx).**

How much would you have to invest today to receive the
following? Use Appendix B and Appendix D for an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
a. $16,800 in 10 years at 15 percent. (Do
not round intermediate calculations. Round your final answer to 2
decimal places.)
b. $21,000 in 15 years at 12 percent.
(Do not round intermediate calculations. Round your final
answer to 2 decimal places.)
c....

How much would you have to invest today to receive the
following? Use Appendix B and Appendix D for an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
c. $6,800 each year for 20 years at 6 percent.
(Do not round intermediate calculations. Round your final
answer to 2 decimal places.)
d. $45,000 each year for 40 years at 10
percent. (Do not round intermediate calculations. Round
your final answer to 2 decimal places.)

If you invest $16,500 today, how much will you have in each of
the following instances? Use Appendix A as an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
a. In 12 years at 11 percent? (Do not round intermediate
calculations. Round your final answer to 2 decimal places.)
b. In 15 years at 8 percent? (Do not round intermediate
calculations. Round your final answer to 2 decimal places.)
c. In 25 years at...

If you invest $17,500 today, how much will you have in each of
the following instances? Use Appendix A as an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
a. In 7 years at 8 percent? (Do not round
intermediate calculations. Round your final answer to 2 decimal
places.)
b. In 18 years at 7 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.)
c. In 25...

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the following instances? Use Appendix A as an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
a. In 13 years at 10 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.)
b. In 17 years at 9 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.)
c. In 18...

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the following instances? Use Appendix A as an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
a. In 2 years at 9 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.)
b. In 7 years at 12 percent? (Do not round
intermediate calculations. Round your final answer to 2 decimal
places.)
c. In 25...

If you invest $17,000 today, how much will you have in each of
the following instances? Use Appendix A as an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
a. In 6 years at 7 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.) Future Value=?
b. In 20 years at 9 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.) Future Value=?
c....

20
If you invest $14,500 today, how much will you have in each of
the following instances? Use Appendix A as an approximate answer,
but calculate your final answer using the formula and financial
calculator methods.
a. In 12 years at 10 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.)
b. In 17 years at 6 percent? (Do not
round intermediate calculations. Round your final answer to 2
decimal places.)
c. In...

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intermediate calculations. Round your final answer to 2 decimal
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intermediate calculations. Round your final answer to 2 decimal
places.) c. $8,100 each year for 18 years at 15 percent. (Do not
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Future value $ _________
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