# ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENTS

## ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENTS

ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENTS
http://www.nerdypupil.com/product/acc-421-week-5-individual-assignments/

nerdypupil@gmail.com
ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENTS
Submit responses to the individual assignment for week 5 posted in the Course-Materials forum.

Problem 1

Compute the present value of each of the following periodic amounts.
Each amount is paid/received at the end of each period.

A: \$15,000 received at the end of each period for 9 periods compounded at 8%.

Present Value = \$93,703,30.

B: \$40,000 paid at the end of each period for 7 periods compounded at 4%.

C: \$15,000 paid at the end of the tenth, eleventh, twelfth, and thirteenth periods
compounded at 11%

ACC421

Compute the requested item for each of the following:

A: A bank account has a current balance of \$408,029. If the money is left in the account and
earns 9% compounded annually, how many years will it take for the...