Homework Answers
| Annual rate of interest | 8.92% | |||
| Quarterly rate of interest | 2.23% | |||
| Period | Receipts | PVf at 2.23% | Present value | |
| 1 | 20125 | 0.978186 | 19686 | |
| 2 | 20125 | 0.956849 | 19256.58 | |
| 3 | 20125 | 0.935976 | 18836.53 | |
| 4 | 20125 | 0.915559 | 18425.63 | |
| 5 | 25100 | 0.895588 | 22479.26 | |
| 6 | 25100 | 0.876052 | 21988.9 | |
| 7 | 25100 | 0.856942 | 21509.25 | |
| 8 | 25100 | 0.838249 | 21040.05 | |
| Present value of Amount received | 163222.2 | |||
Add Answer to:
CSePub Home Book Store Instructors Independent Authors About A new start-up company promises to pay an...
Dashboard Logout Help i Support CSePub Home Book Store Instructors Independent Authors About A young graduate...
Dashboard Logout Help i Support CSePub Home Book Store Instructors Independent Authors About A young graduate looks to save money to buy a house 7.00 years from today. He is somewhat conservative and will invest his money in a bond fund that pays 4 00% APR with quarterly compounding The graduate invests $11,480.00 today. How much will his account be worth in 7.00 years? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer ←Prev Problem tA표...
CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship...
CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay end of each month. She will also get a "signing bonus at the beginning of the internship for $400.00. If the student can invest this money in an accourt tat pays 8 40% APR wit, monthly compounding what she value ofher account at the end ofher internstig? her $2,342.00 at the...
CSePub Home Book Store Instructors Independent Authors A You have decided to save money for your...
CSePub Home Book Store Instructors Independent Authors A You have decided to save money for your son's college tuition. You will put away $1,148.00 every six months for the ned 14.00 years. If the account will pay 600% AR with semi-annual compounding, what is the future value of this investment? (treat as regular annuity) Answer Format: Currency: Round to: 2 decimal places Enter Answer Here Submit Answer +Prev Problem t All Problems Next Problem Copyright 2019 Conley Smith Publishing All...
CSePub Home Book Store Instructors Independent Authors Aba ou are considering two home security companies for...
CSePub Home Book Store Instructors Independent Authors Aba ou are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you $444.00 per year for the next five years. The second company charges $756,00 for installation, but will charge you $224.00 per year for the ned five years Assume that payments are atthe END ofthe year. Your personal interest rate is 5.00%. What is the PV of the paid installation?...
CSePub Home Book Store Instructors Independent Authors Abo You have saved $23,695.00 for a three-year vacation...
CSePub Home Book Store Instructors Independent Authors Abo You have saved $23,695.00 for a three-year vacation to Germany. You will monthly compounding while you live in Munich. You will make your withdrawals at the beginning of the month keep your money invested in an account paying 804% APR with What is the balance on the account after the first month? (This is the balance prior to the withdrawal for the second month) Answer Format: Currency: Round to: 2 decimal places....
CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for...
CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for your new house. The first company offers free instalilation and equipment, but will charge you $415,00 per year for the next tive years. The second company charges 5760.00 for installation, but will charge you $217.00 per year for the nexd five years. Assume that payments are at the END ofthe year. Your personal interest rate is 60% What is the PV of the free...
CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for...
CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you $480.00 per year for the next five years. The second company charges S781.00 for installation, but will charge you $271.00 per year for the next five years. Assume that payments are atthe END ofthe year Your personal nterest rate is 500% What is the PV of the free installation...
CSePub Home Book Store Instructors Independent Authors About A very careful new father wants to set...
CSePub Home Book Store Instructors Independent Authors About A very careful new father wants to set money aside for his batby daughter's wedding. If the wedding will take place in 21.00 years, he expects the wedding will cost $104,100.00. If the father can eam 11.00% APR with quarterly compounding on his investments, how much does he need to invest today to reach his goal? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer -Prev Problem t...
CSePub Home Book Store Instructors Independent Authors About A jet -setting lawyer plans on living large...
CSePub Home Book Store Instructors Independent Authors About A jet -setting lawyer plans on living large on the French Rivera in retirement The lawyer anticipates living for 22.00 more years after reirement and will need $297,000.00 per year to support her life in the South of France. While retired, she will keep her money in a tax-free account that pays 200% per year How much money wil the lawyer need when she retires? (assume begreng ofthe year withdrawals) Answer Format:...
CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship...
CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay her $2,264.00 at the end of each month. She will also get a "signing" bonus at the beginning of the intenship for $675.00. If the student can invest this money in an acount that pays 8 40% APR with monthly compounding, what is the value of her account at the end...
Dashboard Logout Help i Support CSePub Home Book Store Instructors Independent Authors About A young graduate looks to save money to buy a house 7.00 years from today. He is somewhat conservative and will invest his money in a bond fund that pays 4 00% APR with quarterly compounding The graduate invests $11,480.00 today. How much will his account be worth in 7.00 years? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer ←Prev Problem tA표...
CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay end of each month. She will also get a "signing bonus at the beginning of the internship for $400.00. If the student can invest this money in an accourt tat pays 8 40% APR wit, monthly compounding what she value ofher account at the end ofher internstig? her $2,342.00 at the...
CSePub Home Book Store Instructors Independent Authors A You have decided to save money for your son's college tuition. You will put away $1,148.00 every six months for the ned 14.00 years. If the account will pay 600% AR with semi-annual compounding, what is the future value of this investment? (treat as regular annuity) Answer Format: Currency: Round to: 2 decimal places Enter Answer Here Submit Answer +Prev Problem t All Problems Next Problem Copyright 2019 Conley Smith Publishing All...
CSePub Home Book Store Instructors Independent Authors Aba ou are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you $444.00 per year for the next five years. The second company charges $756,00 for installation, but will charge you $224.00 per year for the ned five years Assume that payments are atthe END ofthe year. Your personal interest rate is 5.00%. What is the PV of the paid installation?...
CSePub Home Book Store Instructors Independent Authors Abo You have saved $23,695.00 for a three-year vacation to Germany. You will monthly compounding while you live in Munich. You will make your withdrawals at the beginning of the month keep your money invested in an account paying 804% APR with What is the balance on the account after the first month? (This is the balance prior to the withdrawal for the second month) Answer Format: Currency: Round to: 2 decimal places....
CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for your new house. The first company offers free instalilation and equipment, but will charge you $415,00 per year for the next tive years. The second company charges 5760.00 for installation, but will charge you $217.00 per year for the nexd five years. Assume that payments are at the END ofthe year. Your personal interest rate is 60% What is the PV of the free...
CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you $480.00 per year for the next five years. The second company charges S781.00 for installation, but will charge you $271.00 per year for the next five years. Assume that payments are atthe END ofthe year Your personal nterest rate is 500% What is the PV of the free installation...
CSePub Home Book Store Instructors Independent Authors About A very careful new father wants to set money aside for his batby daughter's wedding. If the wedding will take place in 21.00 years, he expects the wedding will cost $104,100.00. If the father can eam 11.00% APR with quarterly compounding on his investments, how much does he need to invest today to reach his goal? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer -Prev Problem t...
CSePub Home Book Store Instructors Independent Authors About A jet -setting lawyer plans on living large on the French Rivera in retirement The lawyer anticipates living for 22.00 more years after reirement and will need $297,000.00 per year to support her life in the South of France. While retired, she will keep her money in a tax-free account that pays 200% per year How much money wil the lawyer need when she retires? (assume begreng ofthe year withdrawals) Answer Format:...
CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay her $2,264.00 at the end of each month. She will also get a "signing" bonus at the beginning of the intenship for $675.00. If the student can invest this money in an acount that pays 8 40% APR with monthly compounding, what is the value of her account at the end...
Most questions answered within 3 hours.
-
For this exercise, round all regression parameters to three
decimal places.
One of the two tables...
asked 8 minutes ago -
What is the 5% level of significance for mean = 3.60, standard
deviation = 0.94, and...
asked 12 minutes ago -
Prior to beginning work on this discussion, please read the
article by Hayley Peterson, 15 Companies...
asked 41 minutes ago -
Which pair of aqueous solutions, when mixed, will form a
precipitate?
A) NaNO3 and AgC2H3O2
B)...
asked 58 minutes ago -
1-Write an algorithm to get two numbers from the user (as
inputs) and calculate the sum...
asked 4 hours ago -
Define white-collar crime. What is the difference between
offender and offense-based definitions of white-collar crime? What...
asked 4 hours ago -
Consider a reaction which is 1st order with respect to A and 1st
order with respect...
asked 5 hours ago -
c++
The length of the hypotenuse of a right-angled triangle is the
square root of the...
asked 5 hours ago -
When a metal rod is heated, not only its resistance but also its
length and cross‐sectional...
asked 5 hours ago -
write a c++ program that computes the L^1 - Norm of a given
vector (L^1 norm...
asked 5 hours ago -
A manufacturer of banana chips would like to know whether its
bag filling machine works correctly...
asked 5 hours ago -
Complete the chapter case, "Turnover Analysis".
Chapter Case
Turnover Analysis
You recently completed your company’s new...
asked 5 hours ago