Question

What is th epresentvalue of $400 to be paid in 4 years if the annual interest...

  1. What is th epresentvalue of $400 to be paid in 4 years if the annual interest rate is 8%.

    $294.01

    $317.60

    $322.58

    $330.37
Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Please upvote if the ans is helpful. Thanks.

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
You made an investment of $13,000 into an account that paid you an annual interest rate...
You made an investment of $13,000 into an account that paid you an annual interest rate of 3.6 percent for the first 6 years and 8 percent for the next 7 years. What was your annual rate of return over the entire 13 years
You made an investment of $12,500 into an account that paid you an annual interest rate...
You made an investment of $12,500 into an account that paid you an annual interest rate of 2.4 percent for the first 7 years and 6.8 percent for the next 4 years. What was your annual rate of return over the entire 11 years?
Consider the following $1,000 bond that has a 4% nominal annual interest, rate paid semiannually. The...
Consider the following $1,000 bond that has a 4% nominal annual interest, rate paid semiannually. The bond matures in 20 years. The bond is offered at $900 each. What nominal rate of return would you receive if you purchased the bond now and held it to maturity? Please solve using excel if possible.
1. A $1,000bond pays 4 3/4% simple interest per year. What is the total amount paid...
1. A $1,000bond pays 4 3/4% simple interest per year. What is the total amount paid after six years? 2.A friend borrows $2,500, agreeing to pay3.85% simple interest. The loan, plus interest, is to be paid back in seven years. How much interest was paid back to you? How much did you receive in total after the seven years? 3.You lend a friend $3,000. You want your friend to pay you back $4,000in total in five years. What simple interest...
If you invest 5,000 to 8 years with an interest rate of 4.5% paid semi-annually, what...
If you invest 5,000 to 8 years with an interest rate of 4.5% paid semi-annually, what is the terminal value? How much interest does this investment generate?
"What annual interest rate would you need to earn if you wanted a $400 per month...
"What annual interest rate would you need to earn if you wanted a $400 per month contribution starting 1 month from today to grow to $36,700 in seven years (Assume monthly compounding and that you are starting with no savings)?" 2.52% 2.25% 3.00% 1.94% Not possible to compute with the data provided
"What annual interest rate would you need to earn if you wanted a $400 per month...
"What annual interest rate would you need to earn if you wanted a $400 per month contribution starting 1 month from today to grow to $47,700 in eight years (Assume monthly compounding and that you are starting with no savings)?" 3.50% 5.00% 5.30% 5.03% Not possible to compute with the data provided
1. Two corporate bonds have 4 years left to maturity. Interest is paid annually. The bonds...
1. Two corporate bonds have 4 years left to maturity. Interest is paid annually. The bonds have a $1,000 par value, and a coupon rate of 8%. a) What is the yield to maturity at a current market price of (1) $864 and (2) $1,077? b) Would you pay $864 for each bond if you thought that “fair” market interest rate for such bonds was 11% ------that is, if r =11%? Explain your answer.
a) Johnson Motors’ bonds have 10 years remaining to maturity. Coupon interest is paid annually, the...
a) Johnson Motors’ bonds have 10 years remaining to maturity. Coupon interest is paid annually, the bonds have a $1,000 par value, and the coupon rate is 7 percent. The bonds have a yield to maturity of 8 percent. What is the current market price of these bonds? b) BSW Corporation has a bond issue outstanding with an annual coupon rate of 7 percent paid semiannually and four years remaining until maturity. The par value of the bond is $1,000....
a. What is the present value of nine annual cash payments of $2,000, to be paid...
a. What is the present value of nine annual cash payments of $2,000, to be paid at the end of each year using an interest rate of 8%?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT