This topic contains a solution. Click here to go to the answer

Author Question: What is the PV of an annuity due with12payments of $2,900at an interest rate of 6.8%? (Read 42 times)

Facerro

  • Full Member
  • ***
  • Posts: 139

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



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
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!


Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library