Question 1 What is the accumulated sum of the following stream of payments? $737 every year at the end of the year for 8 years at 8

Question 1

What is the accumulated sum of the following stream of payments?
$737 every year at the end of the year for 8 years at 8.25 percent, compounded annually.

Round the answer to two decimal places.

Question 2

For the next 8 years, you decide to place $2,104 in equal year-end deposits into a savings account earning 10.11 percent per year. How much money will be in the account at the end of that time period? 

Round the answer to two decimal places.

Question 3

What is the present value of the following annuity?
$2,907 every year at the end of the year for the next 12 years, discounted back to the present at 8.23 percent per year, compounded annually?

Question 4

You have accumulated some money for your retirement. You are going to withdraw $77,816 every year at the end of the year for the next 26 years. How much money have you accumulated for your retirement? Your account pays you 11.74 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows.

Round the answer to two decimal places.

Question 1

You are given an investment to analyze. The cash flows from this investment are

End of year
1.   $14,410
2.   $1,010
3.   $21,250
4.   $29,510
5.   $2,990

What is the present value of this investment if 5 percent per year is the appropriate discount rate?

Round the answer to two decimal places.

Question 2

You have just purchased an investment that generates the following cash flows for the next four years. You are able to reinvest these cash flows at 8.0 percent, compounded annually.

End of year
1.   $1,335
2.   $2,998
3.   $242
4.   $2,891

What is the present value of this investment if 8.0 percent per year is the appropriate discount rate?

Round the answer to two decimal places.

Question 3

You have been offered the opportunity to invest in a project that will pay $1,199 per year at the end of years one through three and $14,027 per year at the end of years four and five. If the appropriate discount rate is 13.7 percent per year, what is the present value of this cash flow pattern?

Round the answer to two decimal places.