Present value for various compounding periods

Assignment Help Financial Management

Reference no: EM13768898

Present Value for Various Compounding Periods

Find the present value of $700 due in the future under each of the following conditions. Round your answers to the nearest cent.

12% nominal rate, semi annual compounding, discounted back 5 years

12% nominal rate, quarterly compounding, discounted back 5 years

12% nominal rate, monthly compounding, discounted back 1 year

Reference no: EM13768898

Questions Cloud

Computer crime investigation and other felony investigations : What are the legal differences between a computer crime investigation and other felony investigations? Do you have a computer? If so, how do you store your information

Group of private investors purchased a condominium complex : A group of private investors purchased a condominium complex for $2 million. They made an initial down payment of 10% and obtained financing for the balance. If the loan is to be amortized over 11 years at an interest rate of 8.6%/year compounded qua..

Find the periodic payment : Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r% year compounded m times a year.

Using motivation to improve performance : Motivation is a complex subject, but its understanding and application is central to the success of management and organizational success. Imagine that you have been tasked by the CEO of your organization (current or past) with recommending action..

Present value for various compounding periods : Present Value for Various Compounding Periods-Find the present value of $700 due in the future under each of the following conditions. Round your answers to the nearest cent.

Determine the required down payment percentage and apr : A borrower's credit rating determines the required down payment percentage and APR. For example, a person with an excellent credit rating may make only a 5% down payment with a 3.25% APR loan. A per-son with a fair credit rating will make a 15% do..

What was its interest expense : Molteni Motors Inc. recently reported $3.25 million of net income. Its EBIT was $7.75 million, and its tax rate was 35%. What was its interest expense? Round your answer to the nearest dollar. Enter your answer in dollars. For example, an answer of $..

What is the net present value for this project : Phone home inc. is considering a new 4 year expansion project that requires an initial fixed asset investment of $3 million. The fixed asset will be depreciated straight-line to 0 over it's 4 year tax life, after which time it will have a market valu..

Effective implementation of strategic changes outlined : Consultant who has been employed to advise Phab on the effective implementation of strategic changes outlined in the Case Study.

User Account

All Pages