This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the PV of an annuity due with12payments of $2,900at an interest rate of 6.8%? (Read 5 times)

Facerro

  • Full Member
  • ***
  • Posts: 139
on: Aug 7, 2023

Question 1

What is the present value of the following cash flow stream if the interest rate is7% per year: 0 at Time 0; $1,300at the end of Year 1; and $2,500at the end of Years 2, 3, and 4?

◦

$7,047.81


◦

$7,186.16


◦

$7,200.46


◦

$7,346.53



Question 2

What is the PV of an annuity due with12payments of $2,900at an interest rate of 6.8%?

◦

$24,864.45


◦

$25,705.06


◦

$22,790.31


◦

$23,929.82

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Facerro on Aug 7, 2023

iamkarenvv

  • Full Member
  • ***
  • Posts: 148
Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


Facerro

  • Member
  • Posts: 139
Reply 2 on: Aug 7, 2023
:D TYSM

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Rate enhancement by entropy reduction Rate enhancement by entropy reduction
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
Effects of Elevation on Heart Rate and Ventilation Effects of Elevation on Heart Rate and Ventilation
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
How to solve rate problems leading to fractional equations (Question 3) How to solve rate problems leading to fractional equations (Question 3)
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Video: Red Blood Cells - Erythropoietin (EPO)

For a complete list of videos, visit our video library