Question 15 Help
Present Value of $1 at Compound Interest Periods 4.0% 4.50% 5.0% 5.50% 6.0% 6.50% 7.0% 7.50% 8.0% 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.93023 0.92593 2 0.92456 0.91573 0.90703 0.89845 0.89000 0.88166 0.87344 0.86533 0.85734 3 0.88900 0.87630 0.86384 0.85161 0.83962 0.82785 0.81630 0.80496 0.79383 4 0.85480 0.83856 0.82270 0.80722 0.79209 0.77732 0.76290 0.74880 0.73503 5 0.82193 0.80245 0.78353 0.76513 0.74726 0.72988 0.71299 0.69656 0.68058 6 0.79031 0.76790 0.74622 0.72525 0.70496 0.68533 0.66634 0.64796 0.63017 7 0.75992 0.73483 0.71068 0.68744 0.66506 0.64351 0.62275 0.60275 0.58349 8 0.73069 0.70319 0.676840.65160 0.62741 0.60423 0.58201 0.56070 0.54027 9 0.70259 0.67290 0.64461 0.61763 0.59190 0.56735 0.54393 0.52158 0.50025 10 0.67556 0.64393 0.61391 0.585430.55839 0.53273 0.50835 0.485190,46319 Present Value of an Annuity of $1 at Compound Interest Periods 4.0% 4.50% 5.0% 5.50% 6.0% 6.50% 7.0% 7.50% 8.0% 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.93023 0.92593 2 1.88609 1.87267 1.85941 1.84632 1.83339 1.82063 1.80802 1.795571.78326 3 2.77509 2.74896 2.72325 2.69793 2.67301 2.648482.62432 2.600532.57710 4 3.62990 3.58753 3.54595 3.50515 3.46511 3.42580 3.38721 3.34933 3.31213 5 4.45182 4.38998 4.32948 4.27028 4.21236 4.15568 4.10020 4.04588 3.99271 6 5.24214 5.15787 5.07569 4.99553 4.91732 4.84101 4.76654 4.69385 4.62288 7 6.00205 5.89270 5.78637 5.68297 5.58238 5.48452 5.38929 5.29660 5.20637 8 6.73274 6.59589 6.463216.33457 6.20979 6.08875 5.97130 5.85730 5.74664 9 7.43533 7.26879 7.10782 6.95220 6.80169 6.65610 6.51523 6.37889 6.24689 10 8.11090 7.91272 7.72173 7.537637.36009 | 7.18883 7.02358 6.864086.71008 A wealthy relative named you in her will and offered you a choice of $100,000 today or $130,000 five years from now. Assuming your rate of investment is 4.0%. What is the present value of $130,000 five years from now and (only considering the time-value-of-money concept), which should you choose? (Use the appropriate table above if necessary. Round to nearest dollar.) check if you should Wut the years What is the present value of receiving $10,000 each year for years, if your rate of investment is 4.5%? (Use the appropriate table above if necessary, Round to nearest dollar) You won the grand price in a sweepstakes $1,000,000. The award is paid out as $100,000 per year for 10 years. Assuming your rate of investment is 5.0%. What amount could the lottery commission offer you as a one time.Rayout that would be equivalent to the 100.000 per year for 10 years" considering your rate of return. (Use the appropriate table above if necessary. Round to nearest dallar.) How much would you have to invest today so that you would have $200,000 in 2 years, if your rate of investment was 4.5%? (Use the appropriate table above if necessary. Round to nearest dollar.)
