Problem 5-5 Calculating the Number of Periods [LO4] Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):Present Value Years Interest Rate Future Value $490 10 % $1,252 740 11 1,670 17,700 16 216,050 20,800 13 262,330
t = ln(FV / PV) / ln(1 + r)
t = ln($1,252 / $490) / ln 1.10 = 9.84 years
t = ln($1,670 / $740) / ln 1.11 = 7.80 years
t = ln($216,050 / $17,700) / ln 1.16 = 16.86 years
t = ln($262,330 / $20,800) / ln 1.13 = 20.74 years
Problem 5-5 Calculating the Number of Periods [LO4] Solve for the unknown number of years in...
please show all work Calculating the Number of Periods Solve for the unknown number of years in each of the following PRESENT VALUE YEARS INTEREST RATE FUTURE VALUE $ 625 810 18,400 21,500 $ 1,284 4,341 234,162 215,000 5% 10 lona does it take to double your
For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 2,450 10 14 % $ 9,152 8 8 80,355 15 13 187,796 6 5
please I need the number as round it to 2 decimal places Problem 8-9 Calculating NPV [LO 4] Consider the following cash flows: Year 0 Cash Flow 33,500 15,000 16,700 12,400 WN- a. What is the NPV at a discount rate of zero percent? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What is the NPV at a discount rate of 9 percent? (Do not round intermediate calculations and round your...
Finance math problems 6 You plan to deposit $4,500 at the end of each of the next 20 years into an account paying 9.7 percent interest a. How much money will you have in the account in 20 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 40 years? (Do not round intermediate calculations and round your answer to 2 decimal places,...
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An investment offers $6,600 per year for 10 years, with the first payment occurring one year from now. a. If the required return is 5 percent, what is the value of the investment today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What would the value today be if the payments occurred for 35 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What...
5. What is the present value of $7,560 due 8 periods hence, discounted at 6%? (Round factor values to 5 decimal places, e.g. 1.253420 and final answer to 0 decimal places, e.g. 497,782.) 6. What is the future value of 17 periodic payments of $7,560 each made at the end of each period and compounded at 10%? (Round factor values to 5 decimal places, e.g. 1.25342 and final answer to 0 decimal places, e.g. 497,782.) 7. What is the present...
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Solve for the unknown number of years in each of the following (Round your answers to 2 decimal places. (e.g., 38.12)): Please show your work.PVYearsInterest RateFV$250.009%$1,105.00$1,941.007%$3,700.00$32,805.0012%$387,120.00$32,500.0019%$198,212.00
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