Business, 08.10.2020 01:01 19jcormier

Suppose you just bought an annuity with 11 annual payments of $16,100 at the current interest rate of 12.75 percent per year. a. What is the value of the investment at the current interest rate of 12.75 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. What happens to the value of your investment if interest rates suddenly drop to 7.75 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. What happens to the value of your investment if interest rates suddenly rise to 17.75 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 16:00

Jelly has joined drakes team drake sends kelly an email explaining details of the project that she will be working on which of these is good etiquette

Answers: 3

Answer

Business, 22.06.2019 10:30

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Answers: 2

Answer

Business, 22.06.2019 10:30

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Answers: 2

Answer

Business, 22.06.2019 11:10

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?

Answers: 2

Answer

You know the right answer?

Suppose you just bought an annuity with 11 annual payments of $16,100 at the current interest rate o...

Questions