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(use attached tables) What is the present value on January 1, Year 1, of $40,000 to be received on January 1, Year 4, and discounted
(use attached tables) What is the present value on January 1, Year 1, of $40,000 to be received on January 1, Year 4, and discounted 8% compounded annually? : (Round your answer to two decimal places.) 2. Future Value of an Investment (use attached tables) Required: A. What is the future value on December 31 , Year 5, of a deposit of $35,000 made on January 1, Year 2, assuming interest of 10% compounded annually? $ B. What is the future value on December 31, Year 5, of a deposit of $10,000 made on January 1, Year 2, assuming interest of 16% compounded quarterly? $ C. What is the future value on December 31 , Year 5, of a deposit of $25,000 made on January 1 , Year 2, assuming interest of 12% compounded semiannually? $ (Round your answers to two decimal places.) 3. Present Value Computations (use attached tables) Required: A. What is the present value on January 1 , Year 1 , of $30,000 due on January 1, Year 5, and discounted at 10% compounded annually? $ B. What is the present value on January 1 , Year 1 , of $40,000 due on January 1, Year 5, and discounted at 11% compounded semiannually? $ C. What is the present value on January 1 , Year 1 , of $50,000 due on January 1 , Year 5, and discounted at 16% compounded quarterly? $ (Round your answers to two decimal places.) 4. Value of an Annuity (use attached tables) A. Beginning December 31, Year 2, 5 equal withdrawals are to be made. Determine the equal annual withdrawals if $30,000 is invested at 10% interest compounded annually on December 31, Year 1 . $ B. Ten payments of $3,000 are due at annual intervals beginning June 30, Year 2. What amount will be accepted in cancellation of this series of payments on June 30, Year 1, assuming a discount rate of 14% compounded annually? $ C. Ten payments of $2,000 are due at annual intervals beginning December 31, Year 1 . What amount will be accepted in cancellation of this series of payments on January 1, Year 1, assuming a discount rate of 12% compounded annually? $ ( Round your answers to two decimal places.)
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