Question

TVM Assignment 19 Provided are links to the present and mure value tables VOLVO SPA the tables provided. Round your answer to the nearest whole dollar) 51 and 53 Ure appropriate factors from How much woud you have to deposit today if you wanted to have $46.000 in three years? Annual merest rate is 10% b. Assume that you are saving up for a trip around the world when you graduse in three years you can earn on your investments, how much would you have to deposit today to have $12.000 when you graduate (Round your answer to 2 decimal places) c-1. Calculate the future value of an investment of $558 for ten years earning an interest of 9% (Round your anwwer to 2 decimal places.) c-2. Would you rather have $558 now or $1,000 ten years from now? d. Assume that a college parking sticker today costs $68. If the cost of parking increasing at the rate of per year, how much will the college parking sticker cost in seven years? (Round your answer to 2 decimal places) e. Assume that the average price of a new home is 114,500. If the cont of a new home increasing at a rate of 7 per year how much Will a new home cost in eight years Round your answer to 2 decimal places.) f. An investment will pay you $7000 in 9 years, and it will also pay you $240 the end of each of the next 9 years years 1 thru 9 the annual interest rate is how much would you be willing to pay today for this type of investment? (Round your intermediate calculations and final answer to the nearest whole dollar.) 9. A college student is reported in the newspaper as having won $7,500,000 in the Kansas State Lottery. However, as is often the custom with lotteries, she does not actually receive the entire $75 million now. Instead she will receive $375,000 at the end of the year for each of the next 20 years. If the annual interest rate is what is the present value today's amount that she won ignore Enxes) (Round your answer to nearest whole dollar.) ther we $550 now or $1.000 beny

Answer 1

A) 46000/(1+10%)^3= present value , which comes out to be $34,560.48

same way rest questions have been answered