Question 1. There are 3 sub-questions in the calculation with time value of money, please write...
Time Value Of Money Show the details of your calculations. Type your answers and supporting calculations on the sheet, and attach this in Blackboard on or before the due date. Time Value of Money Calculations A. Mike won the lottery and has the following options for his winnings: A1. $100,000 at the beginning of the year (today) A2. A lump sum payment of $160,000 at the end of the ninth year A3. $13,000 at the end of each year for...
Time Value of Money Calculation How much do you have to deposit today so that beginning 11 years from now you can withdraw $10,000 a year for the next 5 years (periods 11 through 15) plus an additional amount of $15,000 in that last year (period 15)? Assume an interest rate of 9%. Please show steps on how to work on calculator
I need help on question 3. Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 7. Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 8. Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 10. Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
question 3 & 4 3. You plan to invest $300 at the beginning of each month, starting on October 1, 2012, and the last investment will be made on September 1, 2014. The payments will be invested at 3.0% APR compounded monthly (a)"What is the value of this annuity on October 1, 20147 (b) What is the value of this annuity on October 1, 20127 4. You won the lottery! The jackpot is $120 million. You have the option to...
Inflow Value QUESTION 5: The Time Value of Money alue Make use of the relevant interest and discount values provided below to determine: i) the future value (FV) of a principal of N$10 000 which you invest at 12% interest, compounded for five (5) years. ii) the present value (PV) of an amount of N$10 000, which is receivable in five (5) years from now, when the cost of capital is 12%. III) the annual deposit which is required to...
I need help on question 9. 20 Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at a 6 percent annual rate, compounded quarterly. How much will you have at the end of 20 years? Question 2 You borrow a five-year $13,000 loan with monthly payments of $250. What is the annual percentage rate (APR) on the loan? Question 3: How much would you have to invest today to receive $50,000 in 10 years at...
1) Cheryl wants to have $3500 in spending money to take on a trip to Disney World in three years. How much must she deposit now in a savings account that pays 5% per year to have the money she needs in three years? To have $3500 in three years, Cheryl would need to deposit $ ? 2)How much will you have in 36 months if you invest $77 a month at 12% annual interest? In 36 months, you will...