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 38 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
Wow, this really help

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

A Glitch Interrupts the Vela Pulsar’s Spindown Rate A Glitch Interrupts the Vela Pulsar’s Spindown Rate
Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere
How to calculate credit card interest when the interest is compounded How to calculate credit card interest when the interest is compounded
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Elementary kinetics

For a complete list of videos, visit our video library