Round answers to the nearest whole number. 1. $7,000 received 15 years from today. $ 2. The right to inherit $1,000,000 14 years from now. $ 3. The right to receive $1,000 at the end of each of the next six years. $ 4. The obligation to pay $3,000 at the end of each of the next 10 years. $ 5. The right to receive $5,000 at the end of the 7th, 8th, 9th, and 10th years from today.
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- How much would you invest today in order to receive $30,000 in each of the following (for further Instructions on present value In Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at 15% D. 19 years at 18%Present Value ComputationsAssuming that money is worth 10%, compute the present value of Round answers to the nearest whole number. 1. $11,000 received 15 years from today. $Answer 2. The right to inherit $2,000,000 14 years from now. $Answer 3. The right to receive $5,000 at the end of each of the next six years. $Answer 4. The obligation to pay $7,000 at the end of each of the next 10 years. $Answer 5. The right to receive $9,000 at the end of the 7th, 8th, 9th, and 10th years from today. $AnswerPresent Value Computations Assuming that money is worth 10%, compute the present value of: 1. $15,000 received 15 years from today. $ 2. The right to inherit $4,250,000 14 years from now. $ 3. The right to receive $11,000 at the end of each of the next six years. $ 4. The obligation to pay $10,000 at the end of each of the next 10 years. $ 5. The right to receive $19,000 at the end of the 7th, 8th, 9th, and 10th years from today. $
- Present Value Computations Assuming that money is worth 10%, compute the present value of: 1. $14,000 received 15 years from today. $Answer 2. The right to inherit $4,000,000 14 years from now. $Answer 3. The right to receive $10,000 at the end of each of the next six years. $Answer 4. The obligation to pay $9,000 at the end of each of the next 10 years. $Answer 5. The right to receive $18,000 at the end of the 7th, 8th, 9th, and 10th years from today. $AnswerAssuming that money is worth 10%, compute the present value of: 1. The obligation to pay $9,000 at the end of each of the next 10 years. $Answer 2. The right to receive $18,000 at the end of the 7th, 8th, 9th, and 10th years from today. $AnswerEngineering Economics If money is worth 1.07%, determine the present value of perpetuity of P4,489 payable annually, with the first payment due at the end of five years
- Finding the compound sum of $1,000 to be received at the beginning of each of the next 5 years requires calculating the _____. a. future value of an annuity due b. future value of an annuity c. present value of an annuity d. present value of an annuity duePresent Value of an Annuity Determine the present value of $250,000 to be received at the end of each of four years, using an interest rate of 5.5%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 8. Round to the nearest whole dollar. First year $fill in the blank 1 Second Year fill in the blank 2 Third Year fill in the blank 3 Fourth Year fill in the blank 4 Total present value $fill in the blank 5 b. By using the present value table in Exhibit 10. Round to the nearest whole dollar.$fill in the blank 6Present value of an annuity Determine the present value of $190,000 to be received at the end of each of 4 years, using an interest rate of 5.5%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. Year Present Value First year $fill in the blank 1 Second Year fill in the blank 2 Third Year fill in the blank 3 Fourth Year fill in the blank 4 Total present value $fill in the blank 5 b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar. fill in the blank 1 of 1 c. Why is the present value of the four $190,000 cash receipts less than the $760, 000 to be received in the future? The present value is less due to over the 4 years. ?
- Present value of an annuity Determine the present value of $190,000 to be received at the end of each of 4 years, using an interest rate of 5.5%, compounded annuall a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year Second Year Third Year Fourth Year X Total present value b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar. SAFind the present value of the future amount. Assume 365 days in a year. Round to the nearest cent. $11,000 for 7 months; money earns 5% A. $10,688.26 B. $10,731.71 C. $311.74 D. $10,476.19Present Value of an Annuity Determine the present value of $310,000 to be received at the end of each of four years, using an interest rate of 6%, compounded annually, as follows: a. By successive computations, using the present value of $1 table in Exhibit 5. Round to the nearest whole dollar. First year $fill in the blank 1 Second Year fill in the blank 2 Third Year fill in the blank 3 Fourth Year fill in the blank 4 Total present value $fill in the blank 5 b. By using the present value of an annuity of $1 table in Exhibit 7. Round to the nearest whole dollar.$fill in the blank 6 c. Why is the present value of the four $310,000 cash receipts less than the $1,240,000 to be received in the future?The present value is less due to..........................over the 4 years.