What is the present value of 8 receipts of $2,780 each received at the beginning of...

Question

Question

What is the present value of 8 receipts of $2,780 each received at the beginning of each period, discounted at 9% compounded interest?

business accounting

Answer 1

Answer #1

Calculate present value :

Present value = 2780*6.03295 = $16771.601 or $16771.60

So answer is $16771.60

Answer 2

Similar Homework Help Questions

What is the present value of 6 receipts of $2,980 each received at the beginning of...

What is the present value of 6 receipts of $2,980 each received at the beginning of each period, discounted at 9% compounded interest?
What is the present value of 7 receipts of $2,000 each received at the beginning of...

What is the present value of 7 receipts of $2,000 each received at the beginning of each period, discounted at 10% compound interest? (Round answer to O decimal places, e.g. 458,581.) Present value $ 1026 1026
What is the future value of 25 periodic payments of $5,630 each made at the beginning...

What is the future value of 25 periodic payments of $5,630 each made at the beginning of each period and compounded at 8%? What is the present value of $3,440 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? What is the future value of 15 deposits of $2,640 each made at the beginning of each period and compounded at 10%? (Future value as of the end of the 15th period.) What is...

What is the present value of $2,900 to be received at the beginning of each of...

What is the present value of $2,900 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? X Your answer is incorrect. Click here to view factor tables What is the present value of $2,900 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) The present value $ 43909...
What is the present value of $3,600 to be received at the beginning of each of...

What is the present value of $3,600 to be received at the beginning of each of 29 periods, discounted at 5% compound interest?
What is the future value of $7,890 at the end of 5 periods at 8% compounded interest? What is the present value of $7,89...

What is the future value of $7,890 at the end of 5 periods at 8% compounded interest? What is the present value of $7,890 due 9 periods hence, discounted at 6%? What is the future value of 16 periodic payments of $7,890 each made at the end of each period and compounded at 10%? What is the present value of $7,890 to be received at the end of each of 19 periods, discounted at 5% compound interest?

What is the present value of $2,600 to be received at the beginning of each of...

What is the present value of $2,600 to be received at the beginning of each of 30 periods, discounted at 5% compound interest? Please show work
Using the appropriate interest table, answer the following questions

E6.4 (LO 3, 4) (Computation of Future Values and Present Values) Using the appropriate interest table, answer the following questions. (Each case is independent of the others.)a. What is the future value of 20 periodic payments of $ 4,000 each made at the beginning of each period and compounded at 8%?b. What is the present value of $ 2,500 to be received at the beginning of each of 30 periods, discounted at 5 % compound interest?c. What is the future...
Using the appropriate interest table, answer the following questions. (Each case is independent o...

Using the appropriate interest table, answer the following questions. (Each case is independent of the others) Click here to view factor tables what is the future value of 24 periodic payments of $4,130 each made at the beginning of each period an to O decimal places, eg. 458,581.) Round actor values to 5 dec compounded at 8% a places, eg and nai answer The future value eTextbook and Media Click here to view factor tables What is the present value...

Your answer is incorrect Click here to view factor tables What is the future value of...

Your answer is incorrect Click here to view factor tables What is the future value of 20 periodic payments of $5,160 euch macle at the beginning of each period and compounded at 8%? [Round factor values to 5 decimal places, es The futurn value $ e Textbook and Medis Your answer is incorrect Click here to view factor tables What is the present value of $2,900 to be received at the beginning of each of 29 periods, discounted at 5%...