Question
Calculate the present value of an annual payment of $950.00 you would received for 10 years if the interest rate is 7.51%. (Do not round
| Calculate the present value of an annual payment of $950.00 you would received for 10 years if the interest rate is 7.51%. (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 $712.50 you would received for 16 years if the interest rate is 7.51%. (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 $950.00 you would received for 10 years if the interest rate is 19.40%. (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 $712.50 you would received for 16 years if the interest rate is 19.40%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
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Financial Mathematics Derivatives And Structured Products
Authors: Chan
1st Edition
9811336954, 978-9811336959
