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    tfburgess's Avatar
    tfburgess Posts: 2, Reputation: 1
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    #1

    Apr 27, 2006, 09:58 AM
    time value of money
    I need help with these two questions...

    How much must be deposited at the beginning of each year in order to accumulate $10,000 in four years if interest is at 9%?

    Patented processes that will result in cash receipts of $2,500 at the end of each of the next four years and a ballon receipt of $4,000 at the end of the fifth year. The total present value of these payments if interest is at 9% is?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Apr 27, 2006, 12:38 PM
    Question 1: $2,006.13
    arunavcd's Avatar
    arunavcd Posts: 89, Reputation: 3
    Junior Member
    		  
    #3

    May 13, 2006, 03:55 AM
    What kind of interest rate is used? Simple or Compound?
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