math
Determine the present values if $5,000 is received in the future (that is, at the end of each indicated time period) in each of the following situations:
· 5 percent for ten years
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$3,070 |
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$2,070 |
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$3,170 |
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$4,070 |
Determine the present values if $5,000 is received in the future (that is, at the end of each indicated time period) in each of the following situations: 7 percent for seven years.
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$2,114 |
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$4,114 |
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$3,114 |
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$1,314 |
Determine the present values if $5,000 is received in the future (that is, at the end of each indicated time period) in each of the following situations: 9 percent for four years:
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$4,542 |
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$6,542 |
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$2,542 |
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$3,542 |
Assume you are planning to invest $5,000 each year for six years and will earn 10 percent per year. Determine the future value of this annuity if your first $5,000 is invested at the end of the first year.
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$38,470 |
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$38,578 |
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$34,578 |
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$35,878 |
Determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from now, if the annual discount rate is 4 percent.
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$5,658.28 |
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$5,628.19 |
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$5,638.29 |
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$5,658.19 |
Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. What would be the present value of this loan if it carried an 8.5 percent interest rate?
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$1,546 |
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$1,200 |
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$1,000 |
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$1,100 |
Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. What would be the present value of this loan if it carried a 10 percent interest rate?
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$920 |
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$820 |
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$720 |
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$620 |
Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. What would be the present value of the loan if the interest rate is 8 percent?
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$1,038 |
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$1,048 |
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$1,058 |
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$1,028 |