What is the present value of a seven-year annuity

Assignment Help Other Subject

Reference no: EM132049777

Question: What is the present value of a seven-year $1000 annuity if the first $1000 payment is made four years from today and the discount rate is 15%? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132049777

Questions Cloud

Fragmentation and release of dna : Consider the ubiquitous occurrence of bacteria in nature, along with the constant fragmentation and release of DNA as cells decompose

Completely describe the company : Completely describe the company, including the business and where the company located.

Renewal probabilities related to lease renewal : Renewal probabilities related to a lease renewal can affect which of the following

Calculate the cost per equivalent unit : Calculate the cost per equivalent unit for each of the three cost items and in total

What is the present value of a seven-year annuity : What is the present value of a seven-year $1000 annuity if the first $1000 payment is made four years from today and the discount rate is 15%?

What are some reasons consumers created home networks : If you already have a home network, share with the class why you set up the network, how you use it and how does it benefit your life?

What rate must oxygen be suppliedto the burner : At what rate must oxygen be suppliedto the burner (at a temperature of 26* C and pressure of 742 mmHg)

Pressure will the volume of this sample : At what pressure will the volume of this sample be 5.99 L? Assume constant temperature and ideal behavior.

How much would be willing to lend the business owner : Present Value of Multiple Annuities A small business owner visits his bank to ask for a loan. The owner states that he can repay a loan at $1,800 per month.

User Account

All Pages