Question

PLEASE ANSWER ALL

#3

Derek will deposit $1,897.00 per year for 14.00 years into an account that earns 11.00%. Assuming the first deposit is made 6.00 years from today, how much will be in the account 39.00 years from today?

#4

What is the value today of receiving $2,065.00 per year forever? Assume the first payment is made next year and the discount rate is 9.00%.

#5

What is the value today of receiving $2,155.00 per year forever? Assume the first payment is made 9.00 years from today and the discount rate is 10.00%.

#6

Suppose you deposit $2,609.00 into an account today that earns 15.00%. In 5.00 years the account will be worth $________.

Answer #1

#3

Future Value Annuity =

r = 0.11

n = 14 years

=

= 57090.0594528

Now value after 39 years will be

= 57090.0594528 * (1+r)^n

r = 0.11

n = 19

= 57090.0594528 * (1+0.11)^20

= 460277.84

Value after 39 years will be **$**460277.84

**#4**

**Present Value = Annual Cash Flow / Discount
Rate**

**= 2065 / 0.09**

**= 22944.44**

**#5**

**Present Value after 9 years = Annual Cash Flow /
Discount Rate**

**= 2155 / 0.10**

**= 21550**

**Present value today = 21550 / (1+0.10)^9**

**= 9139.30**

**#6**

**Future Value = present Value * (1+r)^n**

= 2609 * (1+0.15)^5

= 5247.63

(1+r)" โ 1 Periodic Payment * r

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PLEASE ANSWER ALL
1:
Derek will deposit $1,668.00 per year for 11.00 years into an
account that earns 6.00%. Assuming the first deposit is made 5.00
years from today, how much will be in the account 36.00 years from
today?
2:
What is the value today of receiving $2,542.00 per year forever?
Assume the first payment is made 5.00 years from today and the
discount rate is 8.00%.
3:
If you are willing to pay $45,621.00 today to receive $4,527.00...

1.Derek will deposit $3,788.00 per year for 14.00 years into an
account that earns 12.00%. Assuming the first deposit is made 6.00
years from today, how much will be in the account 33.00 years from
today?
2.Derek will deposit $6,480.00 per year for 11.00 years into an
account that earns 8.00%, The first deposit is made next year. He
has $12,685.00 in his account today. How much will be in the
account 43.00 years from today?

Derek will deposit $4,576.00 per year for 15.00 years into an
account that earns 10.00%. Assuming the first deposit is made 6.00
years from today, how much will be in the account 37.00 years from
today?

Derek will deposit $5,760.00 per year for 11.00 years into an
account that earns 6.00%, The first deposit is made next year. How
much will be in the account 42.00 years from today?

Derek will deposit $4,641.00 per year for 28.00 years into an
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much will be in the account 28.0 years from today?
Answer format: Currency: Round to: 2
decimal places.

Derek will deposit $6,745.00 per year for 11.00 years into an
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Answer format: Currency: Round to: 2 decimal places.

Derek will deposit $3,816.00 per year for 9.00 years into an
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