23 Jul WHAT WOULD THE VALUE BE IF THE PAYMENTS OCCURRED FOR 42 YEARS?
An investment offers $8600 per year for 1 Show more Problem 5-4 Calculating Annuity Present Values [LO 1] An investment offers $8600 per year for 17 years with the first payment occurring 1 year from now. Assume the required return is 9 percent. Requirement 1: What is the value of the investment today? (Enter rounded answer as directed but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16).) Present value $ Requirement 2: What would the value be if the payments occurred for 42 years? (Enter rounded answer as directed but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16).) Present value $ Requirement 3: What would the value be if the payments occurred for 77 years? (Enter rounded answer as directed but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16).) Present value $ Requirement 4: What would the value be if the payments occurred forever? (Enter rounded answer as directed but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16).) Present value $ Problem 5-14 Calculating EAR [LO 4] First National Bank charges 11.8 percent compounded monthly on its business loans. First United Bank charges 12 percent compounded semiannually. Requirement 1: Calculate the EAR for each bank. (Enter rounded answers as directed but do not use rounded numbers in intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g. 32.16).) EAR First National Bank % First United Bank % Show less
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.