Value of the annuity, A 4-year annuity of eight $8,200

Value of the annuity

Assignment Help Financial Management

Reference no: EM13848634

A 4-year annuity of eight $8,200 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 14 percent compounded monthly, what is the value of this annuity five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of the annuity=_________.

If the discount rate is 14 percent compounded monthly, what is the value three years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Value of the annuity=__________.

If the discount rate is 14 percent compounded monthly, what is the current value of the annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Value of the annuity=__________.

Reference no: EM13848634

Questions Cloud

What events led up to this situation : Recall a time when you experienced an unethical situation at a work place. What events led up to this situation? Do you think it could have been avoided? Did the company take the right action

Considering an investment that pays : Mr. A is considering an investment that pays 6.80 percent. How much will he have to invest today so that the investment will be worth $22,000 in six years? Mr. A has asked you for a loan and has promised to pay back $9,000 at the end of three years. ..

Briefly discuss the financial crisis : Causes of Problems for Financial Institutions during the Financial Crisis: Briefly discuss the financial crisis. Determine and discuss the underlying causes of problems experienced by financial institutions during the recent financial crisis. Explain..

Explain what is meant by future deductible amounts : Explain what is meant by future deductible amounts. Describe at least one situation that has this effect. How are future deductible amounts recognized in the financial statements?

Value of the annuity : A 4-year annuity of eight $8,200 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 14 percent compounded monthly, what is the value of this annuity five years from now? If the d..

Physical network design : Define the topology that will be used in physical network design.

Research methods in ethnography : The literature review provides the background for your team's off-campus research. During the course of your field research, you may refer to your literature review to compare your findings with existing research.

Interest had compounded annually : Beatrice invests $1,320 in an account that pays 4 percent simple interest. How much more could she have made over a 5-year period if the interest had compounded annually?

What will your monthly payment be : You want to buy a new sports car from Muscle Motors for $43,100. The contract is in the form of a 72-month annuity due at an APR of 6.35 percent. What will your monthly payment be?

User Account

All Pages