What is future value if the payments are an ordinary annuity

Assignment Help Financial Management

Reference no: EM13874978

Suppose you are going to receive $13,300 per year for six years. The appropriate interest rate is 8.2 percent.

What is the present value of the payments if they are in the form of an ordinary annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present value

What is the present value if the payments are an annuity due? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present value $

Suppose you plan to invest the payments for six years. What is the future value if the payments are an ordinary annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $

Suppose you plan to invest the payments for six years. What is the future value if the payments are an annuity due? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $

Reference no: EM13874978

Questions Cloud

Can dave get a deduction for the spousal support : Dave and Sarah file for divorce. They have been married for over 10 years and have filed their taxes jointly since getting married. Does she have to claim her spousal support and child support? Can Dave get a deduction for the spousal support and c..

Treasury issue-previous days asked price in dollars : Locate the Treasury issue in Figure 7.4 maturing in November 2028. Assume a par value of $10,000. What is its coupon rate? What is its bid price in dollars? What was the previous day’s asked price in dollars?

Nomoto cars is an automobile dealership : Nomoto Cars is an automobile dealership. Prepare journal entries to record these transactions. Then based on the journal entries, determine the total profit Nomoto made on the sales.

Explain the different business valuation methods : Develop arguments to support your view as to whether executive pay in the United States is too high. Explain the different business valuation methods. Which do you think is superior and why?

What is future value if the payments are an ordinary annuity : Suppose you are going to receive $13,300 per year for six years. The appropriate interest rate is 8.2 percent. What is the present value of the payments if they are in the form of an ordinary annuity? Suppose you plan to invest the payments for six ..

Calculate the net realizable value of the center accounts : South Salem Day Care Center is a not for profit organization that provides day care services. Prepare journal entries for the center to record the following events. After making all the journal entries, calculate the net realizable value of the ce..

Collection of the note receivable and the payment : During 2010, the Garson Company entered into two transactions involving promissory notes and properly recorded each transaction. These are listed next:

Prepared to make monthly payments : You’re prepared to make monthly payments of $190, beginning at the end of this month, into an account that pays 6 percent interest compounded monthly. How many payments will you have made when your account balance reaches $10,000?

What form of compensation is most desirable for the firm : From a financial reporting standpoint, what form of compensation is most desirable for the firm? From a tax-planning standpoint, what form of compensation is least desirable for the manager? For the firm?

User Account

All Pages