Question

How do you solve these? thanks in advance :)

2.)With an interest rate of 4 percent, what is the present value of $181 to be received next year? Round your answer to at least 2 decimal places.

3.)With an interest rate of 3 percent, what is the present value of $159 to be received in two years? Round your answer to at least 2 decimal places.

4.)If an instrument pays $131 in one year and $194 in three years, what is the present value of the instrument if the interest rate is 7%?

14.)If a $1,000 face value coupon bond has a coupon rate of 3.86 percent, what is the coupon payment (in $) every year?

15.)If the amount payable in two years is $2,372 for a simple loan at 4 percent interest, what is the loan amount (in $)? Round your answer to at least 2 decimal places.

Answer 1

2)
Present value can be calculated by using the following excel formula:
=PV(rate,nper,pmt,fv)
=PV(4%,1,0,-181)
= $174.04

3)
Present value can be calculated by using the following excel formula:
=PV(rate,nper,pmt,fv)
=PV(3%,2,0,-159)
= $149.87

Post the rest of the questions separately.

Thank you...