1. If you receive $29 each quarter for 19 years and the discount rate is 0.05,...

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Finance

1. If you receive $29 each quarter for 19 years and thediscount rate is 0.05, what is the present value?
(show the process and can use financialcalculator)

2. If you receive $99 each quarter for 17 years and thediscount rate is 0.05, what is the future value?
(show the process and can use financialcalculator)

3. If you receive $98 each month for 12 months and thediscount rate is 0.07, what is the present value?
(show the process and can use financialcalculator)

4. If you receive $116 each month for 28 years and thediscount rate is 0.08, what is the present value?
(show the process and can use financialcalculator)

5. If you receive $136 each 6 months for 3 years and thediscount rate is 0.03, what is the future value?
(show the process and can use financial calculator)

Answer & Explanation Solved by verified expert

4.1 Ratings (841 Votes)

1 To find the PV we need to put the following values in the financial calculator INPUT 19476 54125 29 0 TVM N IY PV PMT FV OUTPUT 141746 Hence PV 141746 See Answer

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Transcribed Image Text

1. If you receive $29 each quarter for 19 years and thediscount rate is 0.05, what is the present value?(show the process and can use financialcalculator)2. If you receive $99 each quarter for 17 years and thediscount rate is 0.05, what is the future value?(show the process and can use financialcalculator)3. If you receive $98 each month for 12 months and thediscount rate is 0.07, what is the present value?(show the process and can use financialcalculator)4. If you receive $116 each month for 28 years and thediscount rate is 0.08, what is the present value?(show the process and can use financialcalculator)5. If you receive $136 each 6 months for 3 years and thediscount rate is 0.03, what is the future value?(show the process and can use financial calculator)