the present value of using an interest rate of 5%, a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year 44,325 X to be fe ved at the end of
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityPresent Value of an Annuity Determine the present value of $110,000 to be received at the end of each of four years, using an interest rate of 5%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar.Present value of an annuity Determine the present value of $110,000 to be received at the end of each of 4 years, using an interest rate of 7%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year Total present value b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar. $ c. Why is the present value of the four $110,000 cash receipts less than the $440,000 to be received in the future? The present value is less due to the compounding of interest over the 4 years.
- Present value of an annuity Determine the present value of $200,000 to be received at the end of each of 4 years, using an interest rate of 7%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year Total present value b. By using the present value of an annuity of $1 table in Exhibit 7. c. Why is the present value of the four $200,000 cash receipts less than the $800,000 to be received in the future? The present value is less due to over the 4 years.Present value of an annuity Determine the present value of $190,000 to be received at the end of each of 4 years, using an interest rate of 5.5%, compounded annuall a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year X Total present value b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar. SAPresent Value of an Annuity Determine the present value of $340,000 to be received at the end of each of four years, using an interest rate of 7%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year Total present value b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar.
- Present Value of an Annuity Determine the present value of $240,000 to be received at the end of each of four years, using an interest rate of 5.5%%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 8. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year Total present value b. By using the present value table in Exhibit 10. Round to the nearest whole dollar. LA... C. Why is the present value of the four $240,000 cash receipts less than the $960,000 to be received in the future? The present value is less due to over the 4 years. A... A... A... Check My Work 3 more Check My Work uses remaining. Previous Next %24 %24 %24 %24 %24Present Value of an Annuity Determine the present value of $170,000 to be received at the end of each of four years, using an interest rate of 5.5%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year Total present value b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar. c. Why is the present value of the four $170,000 cash receipts less than the $680,000 to be received in the future? The present value is less due to over the 4 years. Exhibit 5 Present Value of $1 at Compound Interest Periods 4% 4%% 5% 5%% 6% 62% 7% 10% 11% 12% 13% 0.96154 0.956940 0.95238 0.94787 0.94340 0.93897 0.93458 0.90909 0.90090 0.89286 0.88496 2 0.92456 0.915730 0.90703 0.89845 0.89000 0.88166 0.87344 0.82645 0.81162 0.79719 0.78315 3 0.88900 0.876300 0.86384 0.85161 0.83962 0.82785 0.81630 0.75131 0.73119 0.71178…Present Value of an Annuity Determine the present value of $200,000 to be received at the end of each of four years, using an interest rate of 7%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 8. Round to the nearest whole dollar. First year $fill in the blank 1 Second Year $fill in the blank 2 Third Year $fill in the blank 3 Fourth Year $fill in the blank 4 Total present value $fill in the blank 5 b. By using the present value table in Exhibit 10. Round to the nearest whole dollar. $fill in the blank 6 c. Why is the present value of the four $200,000 cash receipts less than the $800,000 to be received in the future? The present value is less due to the compounding of interest over the 4 years.
- Present Value of an Annuity Determine the present value of $250,000 to be received at the end of each of four years, using an interest rate of 5.5%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 8. Round to the nearest whole dollar. First year $fill in the blank 1 Second Year fill in the blank 2 Third Year fill in the blank 3 Fourth Year fill in the blank 4 Total present value $fill in the blank 5 b. By using the present value table in Exhibit 10. Round to the nearest whole dollar.$fill in the blank 6Present value of an annuity Determine the present value of $160,000 to be received at the end of each of 4 years, using an interest rate of 5%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year Total present valueDetermine the present value of $320,000 to be received at the end of each of four years, using an interest rate of 6%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year $fill in the blank 1 Second Year $fill in the blank 2 Third Year $fill in the blank 3 Fourth Year $fill in the blank 4 Total present value $fill in the blank 5 b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar.$fill in the blank 6 c. Why is the present value of the four $320,000 cash receipts less than the $1,280,000 to be received in the future?The present value is less due to over the 4 years.
