subject
Mathematics, 07.05.2021 02:30 reecedstceklein

Suppose you were going to receive $16,000 per year for seven years. The appropriate interest rate is 7%. a. What is the present value of the payments if they are in the form of an ordinary annuity?

b. What is the present value if the payments are an annuity due?

c. Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an ordinary annuity?

d. Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an annuity due?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
When a formula is solved for a particular variable, several different equivalent forms may be possible. if we solved a=1/2bh for h, one possible correct answer is h=2a/b . which one of the following is not equivalent to this? a. h= 2(a/b) b. h= 2a(1/b) c. h= a/1/2b d. h= 1/2a/b
Answers: 1
question
Mathematics, 21.06.2019 16:50
What is the perimeter of square abcd? units units 28 units 37 units
Answers: 2
question
Mathematics, 21.06.2019 18:30
Mr. and mrs. wallace have decided to buy a car for $21,600. they finance $15,000 of it with a 5-year auto loan at 2.9% arp. what will be their monthly payment be? a. $268.20 b. $268.86 c. $269.54 d. $387.16 i need !
Answers: 1
question
Mathematics, 21.06.2019 21:00
Isabel graphed the following system of equations. 2x – y = 6 y = -3x + 4 she came up with the solution (2,-2). what were the 3 steps she did to get that solution? (make sure they are in the correct order)
Answers: 2
You know the right answer?
Suppose you were going to receive $16,000 per year for seven years. The appropriate interest rate is...
Questions
question
Mathematics, 01.02.2021 19:20
question
English, 01.02.2021 19:20
question
History, 01.02.2021 19:20
question
Mathematics, 01.02.2021 19:20
question
Mathematics, 01.02.2021 19:20
Questions on the website: 13722367