Question

How much would you pay today for an asset that pays five payments of $100 each...

How much would you pay today for an asset that pays five payments of $100 each year for five years, starting eight years from now, assuming the interest rate is 3%?

$372.37
$457.97
$361.53
$500.00

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
How much would you pay today for an asset that pays 6 payments of $1,000 in...
How much would you pay today for an asset that pays 6 payments of $1,000 in each year for six years, starting seven years from now, assuming the interest rate is 4% (compounded annually)? $4,143 $3,984 $5,242 $3,871
How much would you pay today for an investment that provides you $2,360 each year for...
How much would you pay today for an investment that provides you $2,360 each year for the next 5 years, starting next year, and $18,300 18 years from now if the interest rate is 4.17% APR compounded annually?
How much would you pay today for an investment that provides you $2,380 each year for...
How much would you pay today for an investment that provides you $2,380 each year for the next 9 years, starting next year, and $14,504 13 years from now if the interest rate is 3.44% APR compounded annually?
How much will Kingston Technologies have to pay each year in eight equal payments, starting 2...
How much will Kingston Technologies have to pay each year in eight equal payments, starting 2 years from now, to repay $850,000 loan? The interest rate is 12% per year.
How much would you be willing to pay today for an investment that pays the following...
How much would you be willing to pay today for an investment that pays the following cash flows at the end of each of the next 4 years if your required rate of return is 9% per year? Period        Cash Flow 0 $0 1 $100 2 $200 3 $300 4 $400
How much would you be willing to pay today for an ordinary annuity that makes equal...
How much would you be willing to pay today for an ordinary annuity that makes equal annual payments of $3,000 each year. You will receive your first payment 7 years from today and you will receive your last payment 32 years from today. The interest rate on this annuity is 4.1%
How much will Kingston Technologies have to pay each year in 9 equal payments, starting 2...
How much will Kingston Technologies have to pay each year in 9 equal payments, starting 2 years from now, to repay a $800,000 loan. The interest rate is 15% per year?
You are planning to purchase a restaurant and are wondering how much to pay for it....
You are planning to purchase a restaurant and are wondering how much to pay for it. You’ve estimated that the restaurant will generate $382,421 per year for the next 16 years, starting next year. If you want to earn 11.79% on your investments, how much should you pay for the restaurant today? You have an investment that pays $5,026 each year for 4 years, starting next year. The interest rate is 4.5% compounded annually. What is the present value of...
How much would you have to deposit today if you want to have $1,000 in five...
How much would you have to deposit today if you want to have $1,000 in five years and the annual interest rate is 5%? You plan to buy a house today for $220,000. If the real estate in your area is expected to increase in value by 2% each year, what will be the approximate value of your house in 7 years? How much would you have to deposit today to be able to withdraw $500 each year for the...
You are responsible to pay back the following: $400 due today, $500 due in five months,...
You are responsible to pay back the following: $400 due today, $500 due in five months, and $618 due in one year. You are given the option: instead of making the above 3 payments, you can pay the same amount as a single payment 9 months from now. Assuming a 12% per annum (p.a) interest rate, how much will the single payment be?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT