Homework Answers
| Present value | Years | Interest rate | Future value |
| 530 | 10.24 | 8% | 1166 |
| 780 | 8.20 | 12% | 1975 |
| 18100 | 17.26 | 18% | 314892 |
| 21200 | 21.14 | 14% | 338250 |
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Problem 5-5 Calculating the Number of Periods (L04) Solve for the unknown number of years in...
Problem 5-5 Calculating the Number of Periods [L04] Solve for the unknown number of years in...
Problem 5-5 Calculating the Number of Periods [L04] Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 630 880 19,100 22,200 12 18 14 8% $ 1,496 2,496 392,101 403,794
Problem 5-5 Calculating the Number of Periods [LO4] Solve for the unknown number of years in...
Problem 5-5 Calculating the Number of Periods [LO4] Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):Present Value Years Interest Rate Future Value $490 10 % $1,252 740 11 1,670 17,700 16 216,050 20,800 13 262,330
Problem 5-7 Calculating the Number of Periods (L04) At 6.7 percent interest, how long does it...
Problem 5-7 Calculating the Number of Periods (L04) At 6.7 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Length of time years At 6.7 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Length of time years
Problem 5-20 Calculating the Number of Periods (L04) You expect to receive $31,000 at graduation in...
Problem 5-20 Calculating the Number of Periods (L04) You expect to receive $31,000 at graduation in two years. You plan on investing it at 9.25 percent until you have $166,000. How long will you wait from now? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Period years
Problem 5-20 Calculating the Number of Periods (L04) You expect to receive $31,000 at graduation in...
Problem 5-20 Calculating the Number of Periods (L04) You expect to receive $31,000 at graduation in two years. You plan on investing it at 9.25 percent until you have $166,000. How long will you wait from now? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Period years
Problem 5-4 Calculating Interest Rates [L03] Solve for the unknown interest rate in each of the...
Problem 5-4 Calculating Interest Rates [L03] Solve for the unknown interest rate in each of the following (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 232 $ 200 % 320 17 847 35,000 8 34,26120 143,410 261,665
4.5 Calculating the Number of Periods Solve for the unknown number of years in each of...
4.5 Calculating the Number of Periods Solve for the unknown number of years in each of the following: Present Value Years Interest Rate Future Value $ 625 7% $ 1,104 810 12 5,275 16,500 17 245,830 21,500 8 215,000
Problem 5-4 Calculating Interest Rates [LO3] Solve for the unknown interest rate in each of the...
Problem 5-4 Calculating Interest Rates [LO3] Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Present Value Years Interest Rate Future Value $ 260 3 % $ 307 380 17 1,107 41,000 18 185,586 40,261 20 342,595
please show all work Calculating the Number of Periods Solve for the unknown number of years...
please show all work
Calculating the Number of Periods Solve for the unknown number of years in each of the following PRESENT VALUE YEARS INTEREST RATE FUTURE VALUE $ 625 810 18,400 21,500 $ 1,284 4,341 234,162 215,000 5% 10 lona does it take to double your
Solve for the unknown number of years in each of the following: (Do not round intermediate...
Solve for the unknown number of years in
each of the following: (Do not round intermediate calculations and
round your answers to 2 decimal places, e.g., 32.16.)
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value 745 4 1,441 935 1,778 18,000 16 144,832 73,300 19 318,815
Problem 5-5 Calculating the Number of Periods [L04] Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 630 880 19,100 22,200 12 18 14 8% $ 1,496 2,496 392,101 403,794
Problem 5-7 Calculating the Number of Periods (L04) At 6.7 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Length of time years At 6.7 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Length of time years
Problem 5-20 Calculating the Number of Periods (L04) You expect to receive $31,000 at graduation in two years. You plan on investing it at 9.25 percent until you have $166,000. How long will you wait from now? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Period years
Problem 5-20 Calculating the Number of Periods (L04) You expect to receive $31,000 at graduation in two years. You plan on investing it at 9.25 percent until you have $166,000. How long will you wait from now? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Period years
Problem 5-4 Calculating Interest Rates [L03] Solve for the unknown interest rate in each of the following (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 232 $ 200 % 320 17 847 35,000 8 34,26120 143,410 261,665
please show all work
Calculating the Number of Periods Solve for the unknown number of years in each of the following PRESENT VALUE YEARS INTEREST RATE FUTURE VALUE $ 625 810 18,400 21,500 $ 1,284 4,341 234,162 215,000 5% 10 lona does it take to double your
Solve for the unknown number of years in
each of the following: (Do not round intermediate calculations and
round your answers to 2 decimal places, e.g., 32.16.)
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value 745 4 1,441 935 1,778 18,000 16 144,832 73,300 19 318,815
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