HW - 1 value 10 points MC Qu 1 Compute the future value in...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1. value: 10 points MC Qu. 1 Compute the future value in year 12 of a $2,... Compute the future value in year 12 of a $2,000 deposit in year 3 and another $4,000 deposit at the end of year 5 using a 10% interest rate. $12,510.77 $12,909.81 $13,4067.31 $15,007.52 2. value: 10 points MC Qu. 2 What is the future value of a $500 annuity p... What is the future value of a $500 annuity payment over 8 years if interest rates are 14%? $6,241.09 $6,616.38 $6,750.14 $6,809.72 3. value: 10 points MC Qu. 3 Compute the present value of a $2,500 deposi... Compute the present value of a $2,500 deposit in year 4 and another $10,000 deposit at the end of year 8 if interest rates are 15%. $4,211.26 $4,572.19 $4,698.40 $4,901.57 4. value: 10 points MC Qu. 4 What is the present value of a $775 annuity ... What is the present value of a $775 annuity payment over 6 years if interest rates are 11%? $3,017.84 $3,119.67
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
$3,2002.92 $3,278.67 5. value: 10 points MC Qu. 5 What is the present value of a $1,100 paymen... What is the present value of a $1,100 payment made every year forever when interest rates are 4.5%? $11,100 $21,089.37 $22,963.14 $24,444.44 6. value: 10 points MC Qu. 6 If the present value of an ordinary, 8 year ...
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern