subject
Business, 07.05.2021 02:00 Supermate11

Suppose you were going to receive $16,000 per year for seven years. The appropriate interest rate is 7%. a. What is the present value of the payments if they are in the form of an ordinary annuity?

b. What is the present value if the payments are an annuity due?

c. Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an ordinary annuity?

d. Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an annuity due?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.
Answers: 1
question
Business, 22.06.2019 18:10
Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials
Answers: 1
question
Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
question
Business, 23.06.2019 05:30
What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit
Answers: 1
You know the right answer?
Suppose you were going to receive $16,000 per year for seven years. The appropriate interest rate is...
Questions
question
Mathematics, 15.02.2021 18:50
question
English, 15.02.2021 18:50
question
Biology, 15.02.2021 18:50
question
Mathematics, 15.02.2021 18:50
Questions on the website: 13722359