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.

Reviews

Write a Review

Other Subject Questions & Answers

  Explain the innkeepers duty in this case

Explain the innkeeper's duty in this case.Summarize the trial court's decision of innkeeper negligence or not. Explain how the court arrived at that conclusion.Speculate whether or not the innkeeper likely would be held liable for breach of duty unde..

  What kind of art does banksy create

It has been suggested that the main character, Thierry Guetta, is a character that was created by Banksy and the entire documentary is a hoax or prank. Do you think that Mr. Brainwash is real? Why?

  How can we improve major federal laws and strategies

How can we improve major federal laws and strategies to combat organized crime? Write 150 word response to question below. APA Format.

  Describe start-up concept and approach as a non-profit

Prepare a written paper addressing the performance criteria below as it pertains to your social entrepreneurial proposal: Criteria in Figures 1-1. Describe the following: start-up concept, approach as a non-profit and mission and your mission stateme..

  Average surface temperature of the sun

Using your answer from part (a) and the Stefan-Boltzmann law, calculate the average surface temperature of the Sun.

  The us and russia with nuclear weapons

Do North Korea and Iran have same right to choose to defend themselves as the US and Russia with nuclear weapons? Why or why not.

  Factor experiment involving light and temperature

The graph at the right plots the means from a two factor experiment involving light (at dim and bright levels) and temperature (at hot and cold levels). They experimenters aimed to demonstrate effects of temperature and light level on monkey performa..

  What other markets of employees

What other markets of employees could United Auto workers represent

  Review the devotional

Review the devotional in this workshop to provide a biblical perspective on this assignment

  Review the given scenario

you are a Wichita Police Department detective working in the major crimes unit, and you are assigned to a joint federal-state-city crime task force working on a number of major drug cases.

  With the information raffin had at the time

With the information Raffin had at the time, what other alternatives could he have considered?

  Consider how all of that could help magnify the belief

Consider how all of that could help magnify the belief that some had that this was a manifestation of divine anger

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