How much would you have to invest today to receive $12,000 in 6 years at 12 percent?
Not what you're looking for?
How much would you have to invest today to receive:
a. $12,000 in 6 years at 12 percent?
b. $15,000 in 15 years at 8 percent?
c. $5,000 each year for 10 years at 8 percent?
d. $40,000 each year for 40 years at 5 percent?
Purchase this Solution
Solution Summary
This solution provides step by step calculations for the present values of single cash flow and annuities.
Solution Preview
PVIF= Present Value Interest Factor
PVIFA= Present Value Interest Factor for an Annuity
PVIFA( n, r%)= =[1-1/(1+r%)^n]/r%
PVIF( n, r%)= =1/(1+r%)^n
a. $12,000 in 6 years at 12 percent?
We will have to invest the PV of this amount
Rate=r= 12%
No of years=n= 6
Amount= $12,000.00
PVIF= (6 ...
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Introduction to Finance
This quiz test introductory finance topics.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.