Question
I need a finance tutor. Someone that can help me with these kind of problems. You are scheduled to receive annual payments of $3,600 for
I need a finance tutor. Someone that can help me with these kind of problems.
You are scheduled to receive annual payments of $3,600 for each of the next 12 years. The discount rate is 8 percent. What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year?
Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will receive payments for next four years. At a discount rate of 9.5 percent, what is the difference in the present value of these two sets of payments?
You are considering an annuity that costs $160,000 today. The annuity pays $17,500 a year at an annual interest rate of 7.5 percent. What is the length of the annuity time period?
These are just a few examples. I am not looking for the answer, I can find that online. I need to know how to go about figuring it out.
Looking for a tutor ASAP as I have an exam on Monday.
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