Question
I want to confirm if my answers are right: 13. If the interest rate is 5%, what is the net present value of a security
I want to confirm if my answers are right:
13. If the interest rate is 5%, what is the net present value of a security that pays you $10,000 in 10 years, and $10,000 in 15 years?
Not compounded: 7,500
Compounded: 10,949.98
14. If the interest rate is 6%, what is the net present value of a security that pays you $350 next year, $385 the year after, and $436 the year after that?
1,039.17
15. If the interest rate is 8%, what is the net present value of a security that pays you $350 next year, $385 the year after, and $436 the year after that?
1,000.35
16. If the interest rate is 10%, what is the net present value of a security that pays you $350 next year, $385 the year after, and $436 the year after that?
963.93
13. If the interest rate is 5%, what is the net present value of a security that pays you $10,000 in 10 years, and $10,000 in 15 years? 14. If the interest rate is 6%, what is the net present value of a security that pays you $350 next year, $385 the year after, and \$436 the year after that? 15. If the interest rate is 8%, what is the net present value of a security that pays you $350 next year, $385 the year after, and \$436 the year after that? 16. If the interest rate is 10%, what is the net present value of a security that pays you $350 next year, $385 the year after, and $436 the year after that? 13. If the interest rate is 5%, what is the net present value of a security that pays you $10,000 in 10 years, and $10,000 in 15 years? 14. If the interest rate is 6%, what is the net present value of a security that pays you $350 next year, $385 the year after, and \$436 the year after that? 15. If the interest rate is 8%, what is the net present value of a security that pays you $350 next year, $385 the year after, and \$436 the year after that? 16. If the interest rate is 10%, what is the net present value of a security that pays you $350 next year, $385 the year after, and $436 the year after thatStep by Step Solution
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