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Hello, I'm looking for fast assistance with these few questions. Please see attachment and highlight answers, please. 1. Calculate the future value of the single
Hello, I'm looking for fast assistance with these few questions. Please see attachment and highlight answers, please.
1. Calculate the future value of the single cash flow deposited today that will be available at the end of the deposit period if the interest is compounded annually, at the rate specified over the given period. Single Interest Future Cash Flow ($) Rate (%) Years Value ($) 885,000 66 66 242,000 1818 1919 160,000 1313 1010 598,000 1010 2626 Single Interest Future Cash Flow ($) Rate (%) Years Value ($) 885,000 66 66 (Round to the nearest cent.) 2. You have $480480 in an account which pays 4.44.4% compounded annually. If you invest your money for 88 years, then how many dollars of interest will you earn by the end of the term? The amount of interest you will earn by the end of the term is $ 3. Ted Roberts has been offered the following future payments n years from today. If his opportunity cost is i, compounded annually, what value would he place on each opportunity? Interest Future Rate (% Present Value ($) ) Years Value ($) 9,6009,600 66 1212 5,3005,300 99 2727 6,9006,900 1515 2525 4,0004,000 1313 2222 Interest Future Rate (% Present Value ($) ) Years Value ($) 9,6009,600 4. Maria expects to receive a payment of $31 comma 66 1212 (Round to the nearest cent.) 00031,000 in 99 years. At a discount rate of 66%, what is the present value of this payment? What is the present value of the payment? $ (Round to the nearest cent.) 5. You have $560560 in an account which pays 4.14.1% compounded annually. How many additional dollars of interest would you earn over 55 years if you moved the money to an account earning 6.96.9%? How many additional dollars of interest would you earn over 55 years from the account that pays 6.96.9%? $ (Round to the nearest cent.) 6. Andy promises to pay Opie $5 comma 5005,500 when Opie graduates from Mayberry University in 1010 years. How much must Andy deposit today to make good on his promise, if he can earn 44% on his investments? How much must Andy deposit today to make good on his promise? (Round to the nearest cent.) 10. You will receive a $100 comma 000100,000 inheritance in 99 years. You could invest that money today at 1111% compounded semi dash annually semi-annually. What is the present value of your inheritance? (round to the nearest cent.) 1. Calculate the future value of the single cash flow deposited today that will be available at the end of the deposit period if the interest is compounded annually, at the rate specified over the given period. Single Interest Future Cash Flow ($) Rate (%) Years Value ($) 885,000 6 6 242,000 18 19 160,000 13 10 598,000 10 26 Single Interest Future Cash Flow ($) Rate (%) Years Value ($) 885,000 6 6 (Round to the nearest cent.) 2. You have $480 in an account which pays 4.4% compounded annually. If you invest your money for 8 years, then how many dollars of interest will you earn by the end of the term? The amount of interest you will earn by the end of the term is $ 3. Ted Roberts has been offered the following future payments n years from today. If his opportunity cost is i, compounded annually, what value would he place on each opportunity? Interest Future Rate (% Present Value ($) ) Years Value ($) 9,600 6 12 5,300 9 27 6,900 15 25 4,000 13 22 Interest Future Rate (% Present Value ($) ) Years Value ($) 9,600 4. Maria expects to receive a payment of $31,000 in 9 66 12 (Round to the nearest cent.) years. At a discount rate of 6%, what is the present value of this payment? What is the present value of the payment? $ (Round to the nearest cent.) 5. You have $560 in an account which pays 4.1% compounded annually. How many additional dollars of interest would you earn over 5 years if you moved the money to an account earning 6.9%? How many additional dollars of interest would you earn over 5 years from the account that pays 6.9%? $ (Round to the nearest cent.) 6. Andy promises to pay Opie $5,500 when Opie graduates from Mayberry University in 10 years. How much must Andy deposit today to make good on his promise, if he can earn 4% on his investments? How much must Andy deposit today to make good on his promise? (Round to the nearest cent.) 10. You will receive a $100,000 inheritance in 9 years. You could invest that money today at 11% compounded semi dash annually semi-annually. What is the present value of your inheritance? (round to the nearest cent.)Step by Step Solution
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