Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Feb 2018 My Price 6.00

value of your annuity

Suppose you just bought a 25-year annuity of $7,600 per year at the current interest rate of 12 percent per year.

  

What is the value of your annuity today? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

  

  Present value $   

  

What is the present value if interest rates suddenly drop to 7 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

   

  Present value $   

   

What is the present value if interest rates suddenly rise to 17 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
  Present value $   

 

Answers

Maurice Tutor
(5)
Status NEW Posted 16 Feb 2018 10:02 PM My Price 6.00

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