What is the present value of the annuity

Assignment Help Finance Basics

Reference no: EM131797390

Question: If you start making $170 monthly contributions today and continue them for five years, what's their future value if the compounding rate is 10.50 percent APR? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

What is the present value of this annuity? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

If you start making $170 monthly contributions today and continue them for five years, what's their future value if the compounding rate is 10.50 percent APR? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value annuity $ 1159.03 What is the present value of this annuity? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value annuity $ 702.56

Reference no: EM131797390

Questions Cloud

What impact will this have on gross profit and net income : What caused the FIFO and LIFO gross profit figures to differ? What impact will this have on gross profit and net income

Purely market demand for corporate social responsibility : Which of the following is an example of a purely market demand for corporate social responsibility?

Calculate each of the given amounts for given time period : Calculate each of the following amounts as of both December 31. 2016. and December 31, 2017.

What is the amount they must pay to shareholders each year : Calculate the annual interest payment that is required on preferred stock, What is the amount they must pay to shareholders each year

What is the present value of the annuity : If you start making $170 monthly contributions today and continue them for five years, what's their future value if the compounding rate is 10.50 percent APR?

Discuss the key factors you would evaluate on the statement : Discuss the key factors you would evaluate on the statement of cash flows and what significance the income from operations line item has on your decision.

What is the fair value of the cash flows today : Starting at the end of year 2, and every even-numbered year thereafter (i.e., year 4, 6, 8, etc.), you expect to receive $762.

What is the safety stock level : Assume that the beginning inventory level is equal to the restocking level and the desired service level is 95%. What is the safety stock level?

Prepare journal entries to record the preceding transactions : Prepare journal entries to record the preceding transactions. Show how Landers Inc.'s investments will appear on its December 31, 2014, balance sheet.

User Account

All Pages