### What is the present value of the annuity

Assignment Help Finance Basics
##### Reference no: EM132049721

Question: What is the present value of the following annuity? \$559 every quarter year at the end of the quarter for the next 11 years, discounted back to the present at 9.35 percent per year, compounded quarterly? Round the answer to two decimal places.

#### Questions Cloud

 Find an attack that was successful : Select a specific governance plan that exists at a company or a plan framework from an organization. What are these transaction costs : In pricing IPOs we argued that transaction costs are important issues when deciding to go public. What are these "Transaction costs"? Have you ever worked for a charismatic leader : Drawing from the article and the textbook, have you ever worked for a charismatic leader? What style (coaching or directing) did that leader administer? Compute the degree of operating leverage for each company : Company A is a manufacturer with current sales of \$3,300,000 and a 60% contribution margin. Compute the degree of operating leverage for each company What is the present value of the annuity : What is the present value of the following annuity? \$559 every quarter year at the end of the quarter for the next 11 years. Calculate the times interest earned ratio : Calculate the times interest earned ratio for 2016. Calculate the times interest earned ratio for 2016. Compute the total expected dollar sales for the next period : Nombre Company management predicts \$1,656,000 of variable costs, \$2,338,000 of fixed costs, Compute the total expected dollar sales for the next period Intention of capturing and prosecuting the terrorist : In a hostage crises, is it ethical for a government to agree to grant a terrorist immunity if he releases the hostages. Prepare a forecasted contribution margin income statement : Hudson Co. reports the contribution margin income statement for 2015. Prepare a forecasted contribution margin income statement for 2016

### Write a Review

#### General fund for fund based financial statements

Discuss and explain how each of the following transactions impacts the fund balance of the General Fund for fund-based financial statements

#### Finding the value of the annuity today

You buy an annuity that will pay you \$20,000 a year for 25 years. The payments are paid on the first day of each year. What is the value of this annuity today?

#### What is mrp5 minus mrp2

If 2-year and 5-year Treasury notes both yield 10%, what is the difference in the maturity risk premiums (MRPs) on the two notes; that is, what is MRP5 minus MRP2?

#### Differences between the command and control

Contact your state National Guard office. Find out what kinds of resources they can offer to assist local communities in the event of a disaster and what kind of training and exercises they conduct to prepare their members for disaster response.

#### How does variance differ from the total sum of squares

What is the range, and why is it not ideal as an index of variability?

#### The companys stock price is 80 per share and its

meyersdale office supplies has common equity of 40 million. the companys stock price is 80 per share and its

#### Find the penalty deep will pay

The county adds a penalty of 7.7?% simple interest on unpaid tax. Find the penalty Deep will pay.

#### Computation of future value of a lump sum amount

Computation of future value of a lump sum amount and what recommendation would you make to Jeanie

#### What is the net benefit to you of buying the home

Assume inflation will be about 2% APR. Assume the relevant discount is 6% APR. Assume all payments happen at the end of the month, to keep things simple.

#### Identify the types of descriptive statistics

Identify the types of descriptive statistics (numerical measures) that might be best for summarizing the data, if you were to collect a sample.

#### Ethical process decision-making theory

This is an opportunity to consider alternatives in decision-making processes based on the unified ethical process decision-making theory.

#### What was the original issue price

North Pole Cruise Lines issued preferred stock many years ago. It carries a fixed dividend of \$7 per share. With the passage of time, yields have soared.