Given an effective annual rate of interest of 3%, find the PV of the following 25-year annuity-immediate with block payments: $10 for the first 16 years, $8 for the next 5 years, and $15 for the next 4 years.
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Given an effective annual rate of interest of 3%, find the PV of the following 25-year
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- If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the next eight years, how much will be accounted for as a current portion of a noncurrent note payable each year?Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $6,200 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 The payments are received at the end of each of the five years and interest is compounded quarterly. Note: Round your final answers to nearest whole dollar amount. Deposit Date Required 3 First payment Second payment Third payment Fourth payment Fifth payment n= $ Deposit 6,200 6,200 6,200 6,200 6,200 $ PV 0Find the accumulated value of a 12-year annuity-immediate of 100 per year if the effective rate of interest is 8% for the first 3 years, 6% for the next 5 years, and 4% for the last 4 years.
- Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $3,200 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 The payments are received at the end of each of the five years and interest is compounded quarterly. Note: Round your final answers to nearest whole dollar amount. Deposit Date First payment Second payment Third payment Fourth payment Fifth payment j= 3% 3% 3% 3% 3% Required 3 33333 n= 4821 16 20 333…A perpetuity-immediate has payments of 10 at the end of year 1, 12 at the end of year 2, and level payments of 14 at the end of each year thereafter. Calculate the duration of the perpetuity if the annual effective interest rate is 6%.Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $6,500 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Deposit Date The payments are received at the end of each of the five years and interest is compour Note: Round your final answers to nearest whole dollar amount. First payment Second payment Third payment Fourth payment Fifth payment j= 3% 3% 3% 3% 3% Required 3 X Answer is complete but not entirely corre n= 4 ✓ $ 8 12 16 ✓…
- Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $2,300 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (FV of $1. PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 The payments are received at the end of each of the five years and interest is compounded quarterly. Note: Round your final answers to nearest whole dollar amount. Deposit Date ¡= n = Deposit PV ces First payment 3% 4 $ 2,300 Second payment 3% 8 2,300 Third payment 3% 12 2,300 Fourth payment 3% 16 2,300 Fifth…An annuity-immediate has payments of $400, $600, $100 at the end of year for three years. Determine the convexity of the payments evaluated at an annual effective rate of interest equal to 6%.Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $4,100 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (EV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 The payments are received at the end of each of the five years and interest is compounded quarterly. Note: Round your final answers to nearest whole dollar amount. Deposit Deposit Date First payment Second payment Third payment Fourth payment Fifth payment is Required 3 DH 3% 4 3% 8 3% 12 3% 16 3% 20 S 4,100 4,100 4,100…
- Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $6,200 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly.In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the required payment for the sinking fund. (Round your answer to the nearest cent.) Monthly deposits earning 5% to accumulate $8000 after 10 years.Consider a perpetuity that pays 100 at the end of each year for the first 10 years and 50 at the end of each year thereafter. Find the PV of this perpetuity at an effective annual rate of interest of 2%.