Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you please do it like the table below. thank you so much Exercise 5-9 (Static) Present value; annuities (LO5-8) Assuming a 12% annual interest

can you please do it like the table below. thank you so much
image text in transcribed
image text in transcribed
image text in transcribed
Exercise 5-9 (Static) Present value; annuities (LO5-8) Assuming a 12% annual interest rate, determine the present value of a tive period annual annuity of $5,000 under each of the following situations: EVO $1. PV of $1. EVA of $1. PVA of $1. EVAD OLS1 and PVAD OLSD (Use appropriate foctors) from the tables provided.) 1. The first payment is received at the end of the first year, and interest is compounded annually, 2. The first payment is received at the beginning of the first year, and interest is compounded annually, 3. The first payment is received at the end of the first year, and interest is compounded quarterly, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 The first payment is received on December 31, 2022, and interest is compounded quarterly. (Round your final answers to nearest whole dollar amount.) no PV - 12/31/2021 s Deposit Date 12/31/2022 39 12/31/2023 39 12/31/20243% 12/31/2025 3% 12/31/2026 396 Deposit 5 000 5.000 5.000 5,000 5.000 $ 0 nocuired 2 Exercise 5-9 (Static) Present value; annuities (L05-8) Assuming a 12% annual interest rate, determine the present value of a five period annat annuity of $5,000 under each of the following situations (EVOLS POLS1 EVA LSI. PVA OLS1. EVAD OLSI and PVAD OLS1 (Uw oppropriate foctor(s) from the tables provided.) 1. The first payment is received at the end of the first year and interest is compounded by 2. The first payment is received at the beginning of the first year and interest.compounded annually 3. The first payment is received at the end of the first year and interest is compounded quarterly Complete this question by entering your answers in the tabs below. Required 1 Required Required 3 The first payment is received on December 31, 2021, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) Table or calculator function PVA S1 Payment $ 5.000 5 12% 20.187 $ PV 12/31/2021 Exercise 5-9 (Static) Present value; annuities (L05-8) Assuming a 12% annual Interest rate, determine the present value of a five period annual annuity of $5.000 under each of the following situations (EV 6141. PV OLSU, EVA 0181. PVA OLSI. EYAD OLSI and PVAD.011) (Use appropriate foctor(e) from the tables provided.) 1. The first payment is received at the end of the first year and interest is compounded annually 2. The first payment is received at the beginning of the first year, and interest is compounded annually 3. The first payment is received at the end of the first year, and interest is compounded quarterly Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 The first payment is received on December 31, 2022, and interest is compounded annually. (Round your final answers to nearest Whole dollar amount) PVA of $1 Table or calculator function Payment 5,000 5 126 18.024 PV- 12/31/2021 Required 2 >

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Excel For Accountants Tips, Tricks & Techniques

Authors: Conrad Carlberg

1st Edition

1932925015, 9781932925012

More Books

Students also viewed these Accounting questions

Question

What are the benefits of studying psychology? (p. 17)

Answered: 1 week ago