CH-1 Homework

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ANSWER FOR THE 2nd SUM

Interest Rate 7%

Future Value Future Value


Time Index Cash Flow
of Each Payment of Annuity

0 0.0 0.0 819909.8


1 20000.0 72330.6
2 20000.0 67598.6
3 20000.0 63176.3
4 20000.0 59043.3
5 20000.0 55180.6
6 20000.0 51570.7
7 20000.0 48196.9
8 20000.0 45043.8
9 20000.0 42097.0
10 20000.0 39343.0
11 20000.0 36769.2
12 20000.0 34363.7
13 20000.0 32115.6
14 20000.0 30014.6
15 20000.0 28051.0
16 20000.0 26215.9
17 20000.0 24500.9
18 20000.0 22898.0
19 20000.0 21400.0
20 20000.0 20000.0
ANSWER FOR THE 5th SUM
Interest Rate 5%

Time Index Cash Flow

0 -
1 100,000.00
2 100,000.00
3 100,000.00
4 100,000.00
5 100,000.00
6 100,000.00
7 100,000.00
8 100,000.00
9 100,000.00
10 100,000.00
Present Value Present Value
of Each Payment of Annuity

- 772,173.49
95,238.10
90,702.95
86,383.76
82,270.25
78,352.62
74,621.54
71,068.13
67,683.94
64,460.89
61,391.33

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