answersLogoWhite

0


Best Answer

what is present value of a single payment of 24,000 at 6 percent for 12 years

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Find the present value of 1 a single payment of 24000 at 6 percent for 12 years 2 12 annual payments of 2000 at 6 percent 3 a single payment of 5000 at 9 percent for five years and?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does semi annual payments mean?

Semi annual payment means payment done every half year or twice a year.


If you had investment opportunities offering an 8 percent annual return is it better to make a series of payments or make a single lump sum payment?

The sooner the money begins earning a return, the better.


In the 1780 what was over 50 percent of Frances annual budget was expended on?

Interest payments on the debt


What does 5 annual installments mean?

Without more detail that could refer to two payment schedules:Five payments spaced out over a one year period.A single payment each year for a period of five years.


How do use the words annual and yearly in one sentence?

"An annual payment is a payment made on a yearly basis."


What if your firm wants to purchase a 50000 dollar computer no money down the 50000 will be paid off in 10 equal end of year payments at 8 percent interest what are the annual end of year payments?

5400.00


What is the future value of a 5year ordinary annuity with annual payments of 200 evaluated at 15 percent?

Fv = $200(fvifa15%,5) = $200(6.7424) = $1,348.48.


What does annual payment mean?

when you get money


How are Interest Payments made to the Investors in case of a Corporate FD?

The Interest payment is usually made depending upon the Investors choice. They can opt for Monthly or Quarterly or Half-Yearly or Annual Interest Payments. The company will declare upfront the mode of interest payment. It will either be through cheques mailed out the investors address or through ECS into the investors bank account.


formula for figuring PVA Mortgage Payments?

Algebraic formulas are used for monthly mortgage payments.PVA = Present Value of Annuity Amount A = annuity payment. Annual percentage rate:L - F = P1/(1 + i) + P2/(1 + i)2 +�?? (Pn + Bn)/(1 + i)n.For more details visit http://www.mtgprofessor.com/formulas.htm


What is an annual payment called?

A fixed payment which is made annually is called an annuity.


How do you count annual Mortgage?

Annual? Most people would make monthly mortgage payments. If your want to know what the total payments would be annually, just multiply by 12.