Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer both pls Question 12 2.86 pts Assume there is a project that will bring in $33,291.46 eight years from now at the initial investment

image text in transcribedimage text in transcribed

Answer both pls

Question 12 2.86 pts Assume there is a project that will bring in $33,291.46 eight years from now at the initial investment of $10,000. What will the (annual) interest rate be? Assume the interest rate compounds monthly. 14.9% 15.0% 15.1% 15.2% Question 13 2.86 pts Assume you will receive $5,000 each year beginning next year at the discount rate of 8%. What is the present value of this perpetuity? Assume the amount of the perpetual payment will be exactly the same, so that r = 8% and g = 0%. $55,000 $84,000 $62,500 $50,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions