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Homework oct 28

# Homework oct 28 - E918 JudgeDragoproblem Year0 PV Year1...

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E9-18 Judge Drago problem Year 0 Year 1 Year 2 Year 3 Year 4 PV 13,000 13,000 13,000 13,000 9% interest- how much to invest right now? 13,000 (9% 13,000 (3.2397) = \$42, 116.10 E9-19 Investment problem -\$11,000 Year 0 Year 1 Year 2 Year 3 PV 11,000 30,000 50,000 interest = 10% you don’t have an annuity, you must take each future a PV11= 11,000 (1.10) ^-1 0.91 PV = 30,000 (1.10) ^ -1 E9-20 An investment will pay \$15,000 at the end of each yea determine the PV of this investment usinga  7% intere Year 0 year 1 year 2  year 3 0 15,000 15,000

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Homework oct 28 - E918 JudgeDragoproblem Year0 PV Year1...

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