Determine the value at cetain rate per year

Assignment Help Financial Management

Reference no: EM131916070

BA PLUS Financial Calculator Instructions

What is the value today of $4,100 per year, at a discount rate of 9 percent, if the first payment is received 5 years from today and the last payment is received 15 years from today?

(Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Value today 19765.97 References eBook & Resources.

Reference no: EM131916070

Questions Cloud

Calculate the annual percentage : The winner's prize money was $200. In 2015, the winner's check was $1,540,000. What was the annual percentage increase in the winner's check over this period?

Explain the social inefficiencies in the given scenario : Think of moneylenders as credit agents operating in a monopolistic environment. Explain the social inefficiencies in this scenario.

What was the percentage increase per year in the winner : What was the percentage increase per year in the winner's check over this period?

How can one reconcile the idea of loans with zero percent : How can one reconcile the idea of loans with zero percent interest with the existence of moneylenders charging rates above 100 percent per year?

Determine the value at cetain rate per year : What is the value today of $4,100 per year, at a discount rate of 9 percent, if the first payment is received 5 years from today.

Briefly assess the equity of informal credit markets : Briefly assess the efficiency and equity of informal credit markets in light of your explanations.

Evaluate the relaxation in credit standards : Futon Company has been reviewing its credit policies. Evaluate the relaxation in credit standards that Futon is considering.

Explain the role of the financial manager in developing : At the first class meeting, six main principles of finance were discussed, which were underscored numerous times since the beginning.

What will be walnuts average cash balance : Use the inventory model to determine the optimal transaction size for transfers from marketable securities to cash. What will be Walnut's average cash balance?

User Account

All Pages