Present value of annuity calculation

Assignment Help Finance Basics
Reference no: EM1329801

Jean will receive $8,500 per year for the next 15 years from her trust. If a 7% interest rate is applied, what is the current value of the future payments? Describe how you solved this problem, including which table (for example, present value and future value) was used and why.

Reference no: EM1329801

Questions Cloud

Methods for activity defining and activity sequencing : Describe methods for activity defining, activity sequencing, activity duration estimating, schedule development, and schedule control and Develop and apply Gantt Charts, CPM and PERT techniques to project management.
Explain factor analysis of boeing : Explain Factor Analysis of Boeing and the Internet and develop both an EFAS (External Factors Analysis Summary) Table and an IFAS (Internal Factors Analysis Summary) Table
Determine amount of periodic payments : Find out the amount of periodic payments required to pay off the following purchases. Payments are made at the end of period.
Description of customer service : Description of Customer Service -Show What can a company do to acquire and retain new customers?
Present value of annuity calculation : Jean will receive $8,500 per year for the next 15 years from her trust. Explain how you resolved this problem, including which table (for example, present value and future value) was employed and why.
Explain under what conditions could a web site use : Explain Under what conditions could a web site use a photograph of a celebrity and publish an article about a celebrity without violating
How to improve the selling process : What suggestions do you have to improve the selling process? and How does the buying-decision process compare with the steps the seller goes through?
Explain what is magazine reviews : Explain What would your advice be to the traditional newspaper editors be on how to compete with craigslist and Magazine reviews and other mentions in the press
How information systems can be used in decision making : How information systems can be used in decision making. What value information systems introduces to the decision maker?

Reviews

Write a Review

Finance Basics Questions & Answers

  Find cost of equity from retained earnings

Find Cost of equity from retained earnings and what is Brown's cost of equity from retained earnings

  Computing shop-s returns-allowances and cost of goods sold

"The Happy Auto shop has following annual information: gross sales= $700,000; net sales= $696,000; and gross profit= $448,000. What are the shop's returns and allowances and cost of goods sold?"

  Computation of beta of a portfolio of a stock

Computation of beta of a portfolio of a stock Which of the following statements is most correct

  Time value of money comparises computing future value

Time value of money comparises computing future value of investment and Time value of money involves calculation of interest rate

  Find out the standard deviation of returns over this iod

Find out the variance of returns over this each iod. Find out the standard deviation of returns over this each iod.

  Finding athematic as well as geometric returns for the stock

Finding Athematic as well as Geometric returns for the stock and geometric returns for the stock are

  Computation of value of a bond using various required rate

Computation of Value of a Bond using various required rate of return and when the interest on these bonds is paid and compounded annually.

  Black-scholes-merton model-find price of european call-stock

Use Black-Scholes-Merton model to find out the price of a 3-month European call on stock with strike price of= $40.

  Determine the required return on this stock

Calculation of current required return on the stock - Determine the required return on this stock

  Computation of ratios for given financial statement data''s

Computation of ratios for given financial statement data's and you have been provided with the financial statements for Grannie's Closet for the last three years

  Computation of operating cash flows

Computation of operating cash flows using givien detials for the year 2006 and using 2005 and 2006 Balance Sheet

  Shaw for breaking of contract

On April 14, 1994, Bill Shaw, retired policeman, offered to sell Thurgood his 1965 Mustang convertible for= $1,000.

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