Answer all the questions:
1. $592.99 received in year 2 is worth what today? Assume the market rate of interest is always 4.6% per year.
2. $645.70 received in year 5 is worth what today? Assume the market rate of interest is always 2.4% per year.
3. $659.86 received in year 6 is worth what today? Assume the market rate of interest is always 1.7% per year.
4. $176.96 received in year 2, $169.30 received in year 3, $101.01 received in year 5 is worth what today? Assume the market rate of interest is always 2.3% per year.
5. $251.20 received in year 1, $302.09 received in year 4, $202.86 received in year 6 is worth what today? Assume the market rate of interest is always 5.2% per year.
6. $340.40 received in year 2, $433.12 received in year 3, $27.49 received in year 5 is worth what today? Assume the market rate of interest is always 9.3% per year.
7. $902.43 received in year 2, $618.26 received in year 4, $486.92 received in year 5 is worth what today? Assume the market rate of interest is always 9.4% per year.
8. $491.81 received every year for forever is worth what today? Assume the market rate of interest is always 1.6% per year.
9. $881.04 received every year for forever is worth what today? Assume the market rate of interest is always 3.5% per year.
10. $197.15 received every year for forever is worth what today? Assume the market rate of interest is always 8.2% per year.
Answer all the questions:
1. $767.03 received for forever, starting in 9.8 years is worth what today? Assume the market rate of interest is always 4.2% per year.
2. $928.59 received for forever, starting in 6.4 years is worth what today? Assume the market rate of interest is always 7.4% per year.
3. $349.88 received for forever, starting in 9.0 years is worth what today? Assume the market rate of interest is always 1.8% per year.
4. $804.26 received for forever, starting in 9.0 years is worth what today? Assume the market rate of interest is always 8.6% per year.
5. $516.13 received for forever, starting in 9 years combined with $153.71 paid for forever, starting in 6 years is worth what today? Assume the market rate of interest is always 4.9% per year.
6. $380.29 received for forever, starting in 5 years combined with $56.08 paid for forever, starting in 3 years is worth what today? Assume the market rate of interest is always 8.3% per year.
7. $657.59 received every year for 22 years is worth what today? Assume the market rate of interest is always 5.8% per year.
8. $316.92 received every year for 25 years is worth what today? Assume the market rate of interest is always 6.5% per year.
Answer all the questions:
1. What is 0.06, a semi-annual rate compounded 5 times per year, expressed as an annual rate compounded 4 times per year?
2. What is 0.03, an annual rate compounded 3 times per year, expressed as a monthlyrate compounded 4 times per month?
3. What is 0.07, an annual rate compounded 6 times per year, expressed as a monthly rate compounded 5 times per month?
4. $659.86 received in year 6 is worth what today? Assume the market rate of interest is always 1.7% per year.
5. $491.81 received every year for forever is worth what today? Assume the market rate of interest is always 1.6% per year.
6. $592.99 received in year 2 is worth what today? Assume the market rate of interest is always 4.6% per year.
7. What is 0.04, an annual rate compounded 5 times per year, expressed as a quarterly rate compounded 6 times per year?