Homework Help Question & Answers

How much would you have to invest today to receive the following ? Calculate answer using...


How much would you have to invest today to receive the following ? Calculate answer using the formuld and financial calculato
How much would you have to invest today to receive the following ? Calculate answer using the formuld and financial calculator methods, a) 4 12,500 in 7 years at 11 percent. Do not round calculations. Round fonal answer to a decimal places b) $ 16, 100 in 15 years at 10 percent. c) & 6, 250 each year for 14 years at 8%. d) $43,000 each year for 30 years at 6ro.
0 0
Add a comment
Answer #1

Sign Up to Unlock the answer FREE

Already have an account? Log in

a.

Present Value = 12,500/(1.11)7 = $6,020.73

b.

Present Value = 16,100/(1.10)15 = $3,854.21

c.

PV = [FV = 0, PMT = 6,250, N = 14, I = 0.08]

PV = $51,526.48

d.

PV = [FV = 0, PMT = 43,000, N = 30, I = 0.06]

PV = $591,887.74

Add a comment
Know the answer?
Add Answer to:
How much would you have to invest today to receive the following ? Calculate answer using...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coin

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • How much would you have to invest today to receive the following? Use Appendix B or...

    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. $15,250 in 11 years at 7 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)    b. $19,600 in 18 years at 11 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 ans...

    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. $7,800 each year for 20 years at 6 percent. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Present value 553,000 each year for 25 years at 12 percent. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.)...

  • If you invest $9,000 today, how much will you have in each of the following instances?...

    If you invest $9,000 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 2 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value b. In 7 years at 12 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value c....

  • How much would you invest today in order to receive $50,000 in each of the following...

    How much would you invest today in order to receive $50,000 in each of the following scenarios? (Click here to see present value and future value tables) Round your answers to 2 decimal places. A. 11 years at 10% $ B. 7 years at 12% $ C. 14 years at 15% $ D. 20 years at 20% $

  • If you invest $9,400 per period for the following number of periods, how much would you...

    If you invest $9,400 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. In 12 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)In 25 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

  • If you invest $8,200 per period for the following number of periods, how much would you...

    If you invest $8,200 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods a. In 9 years at 7 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value b. In 25 years at 13 percent? (Do not round intermediate calculations. Round your final answer...

  • If you invest $9,000 today, how much will you have a. In 2 years at 9...

    If you invest $9,000 today, how much will you have a. In 2 years at 9 percent? b. In 7 years at 12 percent? c. In 25 years at 14 percent? d. In 25 years at 14 percent (compounded semiannually)? Include financial calculator steps, including the keys pressed on the calculator to solve each question.

  • How much must you invest today in order to receive $10,000 at the end of each...

    How much must you invest today in order to receive $10,000 at the end of each year for the next 8 years assuming you can earn 5 percent​ interest?

  • How much must you invest today in order to receive $10,000 at the end of each...

    How much must you invest today in order to receive $10,000 at the end of each year for the next 8 years assuming you can earn 5 percent​ interest?

  • Art Newner wants to know how much he will have to invest today in order to receive an annuity of $8,000 for three years if interest is earned at 10 percent annually

    Art Newner wants to know how much he will have to invest today in order to receive an annuity of $8,000 for three years if interest is earned at 10 percent annually. He will make all his withdrawals at end of each year. How much should Art invest? (Using the Calculator)

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT