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 13 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
Gracias!

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Effects of Elevation on Heart Rate and Ventilation Effects of Elevation on Heart Rate and Ventilation
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Fertility, Mortality, and the Net Rate of Reproduction in Sweden Fertility, Mortality, and the Net Rate of Reproduction in Sweden
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Rate order question Rate order question
Video: Integumentary Anatomy

For a complete list of videos, visit our video library