Calculate what is the present value of the given annuity

Assignment Help Finance Basics
Reference no: EM131379058

Finance: and PV of annuity non-annually

Question

What is the present value of the following annuity?

$1,509 every quarter year at the end of the quarter for the next 7 years, discounted back to the present at 12.93 percent per year, compounded quarterly?

Reference no: EM131379058

Questions Cloud

Identify the tools the firm currently uses in mitigating : INT 620- Identify the tools the firm currently uses in mitigating the foreign exchange rate risk. Occasionally, firms utilize more than one tool to hedge the risk.
Do you agree with the decision : The property was sold at a foreclosure sale for more money than the Bergerons owed the bank. The Bergerons claim that they are entitled to the sur plus funds from the sale. Do you agree? Explain.
Analysis of the main points : Analysis of the main points of what you read, and then you should explore, question, agree with or counter a position stated in the reading. What do YOU think about the topic?
Does sanchez have any rights in given situation : Hoping to cut down on her monthly pay ments, she asked the bank to cancel the mortgage insurance, but the bank refused. Does Sanchez have any rights in this situation? Explain.
Calculate what is the present value of the given annuity : Finance 330- What is the present value of the following annuity? $1,509 every quarter year at the end of the quarter for the next 7 years, discounted back to the present at 12.93 percent per year, compounded quarterly?
Did variable selection algorithms find the best regression : (Extra credit). Write a script that will perform all possible regressions. Did the variable selection algorithms find the best regression?
How is a security interest is created for personal property : What are Fannie Mae, Ginnie Mae, and Freddie Mac?- What is securitization and how did it contribute to the financial crisis?- What are liar loans and NINJA loans?
What is the real rate of return for large-cap stocks : Finance 330- Large-cap stocks had the nominal rates of return of 11.44 percent. The rate of inflation during the last year was 4.44 percent. What is the real rate of return for large-cap stocks?
Build the best multiple regression model : Compare and contrast the results from the forward selection, backward elimination, and stepwise variable selection procedures.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd