Question
a-1. Calculate the present value of an annual payment of $650.00 you would received for 11 years if the interest rate is 4.51%. (Do not
| a-1. | Calculate the present value of an annual payment of $650.00 you would received for 11 years if the interest rate is 4.51%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
| a-2. | Calculate the present value of an annual payment of $520.00 you would received for 17 years if the interest rate is 4.51%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
| b-1. | Calculate the present value of an annual payment of $650.00 you would received for 11 years if the interest rate is 12.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
| b-2. | Calculate the present value of an annual payment of $520.00 you would received for 17 years if the interest rate is 12.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
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Multinational Finance
Authors: Kirt C. Butler
4th Edition
1405181184, 978-1405181181
