Finance

Determine the present value if \$5,000 is received in the future(ie. at the end of each indicated time period) in each of the following situations. 5% for 10 years, 7% for 7 years and 9 % for 4 years

1. 👍
2. 👎
3. 👁
1. I will do the first, you do the others in the same way
Let me know what you get.

PV = ?
Amount = 5000
i = .05
n = 10

PV(1 + i)^n = Amount

PV(1.05)^10 = 5000
PV = 5000/1.05^10
= 5000/1.628894627
= \$3069.57

1. 👍
2. 👎

Similar Questions

1. language arts help please

9. Which sentence uses the past form of an irregular verb? My friend is keeping a journal. Adam has seen that show twice. Elsa gave me this book. We listened to the weather report.*** 10. What does the present perfect tense show?

2. Lang Arts

What does the present perfect tense show?? a action that began in the past and continues in the present b action that begins and ends in the present c action that begins in the present and continues into the future*** d future

3. English

Hello. HELP! ASAP!!! Question: What is the tense of the verb in the following sentence? I will have been here for over four hours by lunchtime. Future Future perfect Present Present perfect. HELP!!! Also some tips on remembering

4. English

1) What is the principal part of the underlined verb in the sentence? I have never beaten my grandfather at chess. A. past B. past participle C. present D. present participle "beaten" is b past participle 2) What is the principal

1. Math

1. Jacksonville Technical College received \$3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest \$2,000,000 in a 2-month investment that pays 11.5% simple

2. Language Arts

Directions. Identify the tense of each underlined verb. Write past, present or future. In this assignment there is nothing underlined. 1. You will enjoy this book about inventions. -Future 2. Inventors create new machines.

3. Personal Finance

Which type of computation would a person use to determine current value of a desired amount for the future? A. Present value of a series of deposits B. Future value of a single amount C. Future value of a series of deposits D.

4. English Language Arts

Which sentence uses the past form of an irregular verb? A. My friend is keeping a journal. B. Adam has seen that movie ttwice. C. Elsa gave me this book. D. We listened to thew weather report. Whatd does the present perfect tense

1. accounting help please?!

Nancy Sly wishes to sell her business and receives the following three offers:? 1. \$568,000 cash immediately. 2. \$200,000 cash now plus an annual installment of \$60,000 at the end of each year for 10 years, a total of \$800,000. 3.

2. present value

An investment pays you \$20,000 at the end of this year, and \$10,000 at the end of each of the four following years. What is the present value (PV) of this investment, given that the interest rate is 4% per year?

3. math

What is the value of the following future amount? a)RM800 to be received 10 years from now discounted back to present at 10%. b)RM1, 000 to be received 8 years from now discounted back to present at 3%.

4. Lang Arts

What does the present perfect tense show?? a action that began in the past and continues in the present b action that begins and ends in the present c action that begins in the present and continues into the future d future action