Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

problem: Jean will receive $8,500 per year for the next fifteen years from her trust. If a 7 percent rate is applied, determine the current value of the future payments? describe how you solved this problem, including which table [for ex, present value and future value] was used and why.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M918326

Have any Question?


Related Questions in Basic Finance

Your accounts receivable clerk m adams to whom you pay a

Your accounts receivable clerk, M Adams, to whom you pay a salary of $2,175 per month, has just purchased a new Acura. You decide to test the accuracy of the accounts receivable balance of $118,900 as shown in the ledger ...

A life-cycle cost lcc analysis is being used to help

A life-cycle cost (LCC) analysis is being used to help determine whether the purchase of a high-performance heating ventilating and air conditioning (HVAC) system is cost-effective or not. This analysis would customarily ...

Suppose your firm is considering investing in a project

Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounte ...

The following data have been acquired for the sampp 500 and

The following data have been acquired for the S&P 500 and an index of Russian stocks: Year Market Return Russia 1998 27% 25% 1997 12% 5% 1996 -3% -5% 1995 12% 15% 1994 -3% -10% 1993 27% 30% Does it make sense to add an i ...

How you will adjust your small business cash budget to

How you will adjust your small business cash budget to manage contingencies (such as emergencies and market shifts) as well as product and distribution shifts?

Can anyone explain this topic consolidation can hide

Can anyone explain this topic 'Consolidation can hide imminent business collapse'. If you can share your argument with real examples that will be much appreciated.

Suppose you invest 5591700 today in an account that earns

Suppose you invest $55,917.00 today in an account that earns 7.03% interest annually. How much money will be in your account 4.0 years from today? What is the value today of single payment of $125,368.00 , 17.0 years fro ...

Heliocorpular magnetics is currently valued at 32 per share

Heliocorpular Magnetics is currently valued at 32 per share. They are expected to pay a 3.20 dividend, because the dividend has been growing at 5% per year for the past 8 years. Find the dividend yield, the capital gains ...

Set up an amortization schedule for a 15000 loan to be

Set up an amortization schedule for a $15,000 loan to be repaid in equal installments at the end of each of the next 4 years. The interest rate is 10%. How large must each payment be if the loan is for $30,000? Assume th ...

How do you separate the individual aspects of the

How do you separate the individual aspects of the successful partnership pyramid into inputs and outputs and explain why each aspect of the pyramid is an input or an output.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As