Description of this paper

Compute the present value of a perpetuity that pays $ 7,142 annually given a required rate

Description

solution


Question

1.Compute the present value of a perpetuity that pays $ 7,142 annually given a required rate of return of 8 percent per annum. (Round your answer to 2 decimal places, record your answer without commas and without a dollar sign).;2.Assume that you deposit $ 9,805 each year for the next 15 years into an account that pays 14 percent per annum. The first deposit will occur one year from today (that is, at t = 1) and the last deposit will occur 15 years from today (that is, at t = 15). How much money will be in the account 15 years from today? (Round your answer to 2 decimal places, record your answer without commas and without a dollar sign).;Additional Requirements;Other Requirements: just need the answer

 

Paper#28647 | Written in 18-Jul-2015

Price : $27
SiteLock