What is the present value of a series of payments received

Assignment Help Mathematics
Reference no: EM13899387

I would like to have the solution to the following sample problems in EXCEL format so that I can see the formulas used. Thanks

1. What is the present value of a series of payments received each year for 9 years, starting with $300 paid one year from now and the payment growing in each subsequent year by 3%? Assume a discount rate of 5%.

Please round your answer to the nearest cent.

2. What is the present value of a series of payments received each year for 6 years, starting with $500 paid one year from now and the payment growing in each subsequent year by 5%? Assume a discount rate of 8%.

Please round your answer to the nearest cent.

3. What is the present value of a series of payments received each year forever, starting with $100 paid one year from now and the payment growing in each subsequent year by 6%? Assume a discount rate of 9%.

Please round your answer to the nearest cent.

4. What is the present value of a series of payments received each year forever, starting with $400 paid one year from now and the payment growing in each subsequent year by 9%? Assume a discount rate of 11%.

Please round your answer to the nearest cent.

Reference no: EM13899387

Questions Cloud

Identify the inferential statistical tests used : identify the inferential statistical tests used
Determine what decisions impact the allocating of resources : Do some research regarding your local law enforcement organization. Determine what decisions impact the allocating of resources that it needs to function as a public service entity.
How should mncs choose the product line to launch : How should MNCs choose the product line to launch it into the global market? In a short essay, describe two factors that MNCs should consider for making the choice, and discuss how it is related to the internationalization process of the MNCs.
Analyze and discuss small business growth : In this paper, students will analyze and discuss small business growth in terms of growth strategy, business forms, short and medium term goals, financing assistance, organizational structure and staffing needs, customers and promotion, and ethics an..
What is the present value of a series of payments received : What is the present value of a series of payments received each year forever, starting with $400 paid one year from now and the payment growing in each subsequent year by 9%? Assume a discount rate of 11%.
What fraction of the sky have the constellations moved : Naked Eye Observing Project- What fraction of the year is the interval between your two observations (for example, 3 months is 1/4th of a year)? Approximately what fraction of the sky have the constellations moved across
What is equivalent monetary amount in terms of present worth : What is the equivalent monetary amount in terms of present worth? Show the appropriate variable values, and then solve using the current monetary value formula.
What is the current value of a zero-coupon bond : What is the current value of a $1,000 bond with a 5% annual coupon rate (paid semi-annually) that matures in 6 years if the appropriate stated annual discount rate is 8%.
What amount of time is necessary to realize given situation : I anticipate having the amount of $4,000.00 after an unknown period of time. The monetary present worth is $2,357.35. The rate is 4.7%. What amount of time is necessary to realize this situation?

Reviews

Write a Review

Mathematics Questions & Answers

  Path-connected space-connectivity and homotopy

Let X be a path-connected space and suppose that every map f: S^1 --> X is homotopically trivial but not necessarily by a homotopy leaving the base point x_0 fixed. Show that pi_1(X,x_0) = 0.

  What is the surface area of a rectangular prism

what is the surface area of a rectangular prism its 10ft long and 6ft wight and 8ft tall?

  Get generate random sample of 180 numbers between 1 and 60

obtain generate a random sample of 180 numbers between 1 and 60. you may use a calculator excel or a table of random

  If interest is compounded annually

If interest is compounded annually, it grows as follows. Suppose P0 is the initial amount and INT is the interest rate per year. If P1 and P2 represent the balance at the end of the first and second year

  Find the value of the linear correlation coefficient r

Find the value of the linear correlation coefficient r.

  How many are in preserve

conservationist catches 300 deer, later 716 deer are caught 179 of them are tagged, how many are in preserve?

  Find a minimum runway length for plane

A 747 jetliner at JFK International Airport accelerate from rest at one end of a runway and must attain takeoff speed before reaching the other end of runway. Find a minimum runway length for plane if its acceleration equals 11 m/sec^2 and take of..

  What is the length of the diagonal

The width of a rectangle is 9 less than twice its length. If the area of the rectangle is 173 cm, what is the length of the diagonal?

  State how many bags must he add to each side

Suppose that he must add the same number of bags to each side. How many bags must he add to each side in order to balance the scale?

  Creating a system of linear equations

Create a system of linear equations from your own life. Keep in mind that a system of linear equations will consist of two equations using the same variables and the variables will represent the same thing for both equations

  Find what is the probability that the nut fits the bolt

What is the probability that the nut fits the bolt? (Note: the sample space consists of all pairs of nuts and bolts, and each pair is equally likely to be chosen.)

  A family of four is spending an average

A family of four is spending an average of $793.29 monthly on food but would like to cut back on this expense. If this family is able to decrease their spending by 0.5% every month, what will be their monthly spending on food after one year?

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