Question
1. Calculate the present value of $50,000 to be received in 15 years assuming an annual interest rate of 6%. 2. Calculate the present value
1. Calculate the present value of $50,000 to be received in 15 years assuming an annual interest rate of 6%.
2. Calculate the present value of $1,000,000 to be received in 20 years assuming an annual interest rate of 5%, compounded monthly.
3. Calculate the future value of $1,000 invested for 5 years assuming an annual interest rate of 20%.
4. Calculate the future value of $12,000 invested for 18 years assuming an annual interest rate of 12%, compounded monthly.
5. Calculate the present value of an ordinary annuity of $2,000 received annually for 5 years assuming a discount rate of 10%.
6. Calculate the present value of an annuity of $100,000 received annually that begins today and continues for 8 years, assuming a discount rate of 11.5%.
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
2nd Edition
041558597X, 978-0415585972
