Please show all work in legible writing, thank you
Homework Answers
P = 5000, I = 8% = 0.08, t = 5 yrs
SI = P*R*T
Future worth = 5000 + 5000 * 0.08 * 5 = 5000 + 2000 = 7000
CFD
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A single investment of $5,000 is made...
L TIME UNLUE OF $ - chap 2 Greshe A single investment of $5,000 is made...
L TIME UNLUE OF $ - chap 2 Greshe A single investment of $5,000 is made to day at the western Traders Credit Union account a will remain invested for five years. At the end of the fifth year, What is the future value if it is simple interest of 8% annually (a) Draw the cash flow diagram :
help plz 1) (20 pts) A single investment of $8,000 is made today at the We...
help plz
1) (20 pts) A single investment of $8,000 is made today at the We Tief Your Money Bank account and will remain invested for twelve years. At the end of the twelfth year, what is the future value if it is simple interest of 5% annually. a) (10 pts) Draw the cash flow diagram. Negative money is out of your pocket. b) (10 pts) Find the future value after twelve years.
Please show all work in legible writing, thank you A young man followed the advice of...
Please show all work in legible writing, thank you
A young man followed the advice of his Dad and started saving some money directly from every monthly paycheck where he put $175 into the bank. If the bank was giving him 4% annual interest how much money will the young man have after 40 years of working? Draw the cash flow diagram a) b) What will be the future amount of money in his bank account?
Please show all work in legible writing, thank you A woman decides to put a lump...
Please show all work in legible writing, thank you
A woman decides to put a lump sum of money into a certified deposit for 3 years earning a monthly interest rate of 0.75%. She wants to have $2,800 to go on a cruise through the Mediterranean. How much money does she need to put into the certified deposit? b) Draw the cash flow diagram. b) What is the amount of money deposited initially?
Please show all work in legible writing, thank you A couple wants to have $80,000 for their daughter to go to college i...
Please show all work in legible writing, thank you
A couple wants to have $80,000 for their daughter to go to college in 15 years from now. How much money should they put in the bank monthly, if they are getting 6% annual interest compounded monthly? Draw the cash flow diagram a) b) What should be the amount of uniform deposit done monthly?
Can you please show ALL WORK in legible writing (NO CURSIVE PLEASE)! Thank you so much...
Can you please show ALL WORK in legible writing (NO CURSIVE
PLEASE)! Thank you so much for helping me!
4. What is the angle of incidence in air of a light ray whose angle of refraction in glass is half the angle of sin 20) 2SinOcoSCO
economic. asap Page 4 of 6 Problem 4 A capital investment of $25,000 is made in a project that will produce uniform...
economic. asap
Page 4 of 6 Problem 4 A capital investment of $25,000 is made in a project that will produce uniform annual revenues of $5,000 for 10 years, and then the project terminates. If the minimum attractive rate (MARR) is 10%. 1) Draw a cash flow diagram 2) What is the present worth of this project? 3) Find the internal rate of return (IRR) if a) Salvage value is zero. b) Salvage value is $8.000. 4) If the external...
The work is done. I just need my answers checked that are highlighted in yellow. Thank...
The work is done. I just need my answers checked that are
highlighted in yellow. Thank you.
Question 3 Marti's coin collection contains fifty 1937 silver dollars. Her grandparents purchased them at their face value (550) in 1937. These coins have appreciated by 8.2 percent annually. How much will the collection be worth in 2020? Present value 50.00 Years 83.00 Interest rate 8.20% Future value $34,660.33 Question 4 Five years ago, you invested $1,800. Today it is worth $2,215. What...
Please solve using financial calculator only and show work. Thank you. 28. Your brother has asked you to help him with c...
Please solve using financial calculator only and show work. Thank you. 28. Your brother has asked you to help him with choosing an investment. He has $5,200 to invest today for a period of five years. You identify a bank CD that pays an interest rate of 3.60 percent with the interest being paid quarterly. What will be the value of the investment in five years? 29. Tim has loaned money to his brother at an interest rate of 6...
Show the excel formulas used and answer all questions Ex. 1 You have $5,000 in your...
Show the excel formulas used and answer all questions
Ex. 1 You have $5,000 in your savings account that pays 4% interest. How much will you have in your account after 20 years, a) if your bank pays annually compounded interest? b) if your bank pays monthly compounded interest? c) if your bank pays daily compounded interest? Current balance Interest Years Compounding Annually Monthly Daily a) FV b) FV c) FV Ex. 2 If you need $10,000 in 7 years...
L TIME UNLUE OF $ - chap 2 Greshe A single investment of $5,000 is made to day at the western Traders Credit Union account a will remain invested for five years. At the end of the fifth year, What is the future value if it is simple interest of 8% annually (a) Draw the cash flow diagram :
help plz
1) (20 pts) A single investment of $8,000 is made today at the We Tief Your Money Bank account and will remain invested for twelve years. At the end of the twelfth year, what is the future value if it is simple interest of 5% annually. a) (10 pts) Draw the cash flow diagram. Negative money is out of your pocket. b) (10 pts) Find the future value after twelve years.
Please show all work in legible writing, thank you
A young man followed the advice of his Dad and started saving some money directly from every monthly paycheck where he put $175 into the bank. If the bank was giving him 4% annual interest how much money will the young man have after 40 years of working? Draw the cash flow diagram a) b) What will be the future amount of money in his bank account?
Please show all work in legible writing, thank you
A woman decides to put a lump sum of money into a certified deposit for 3 years earning a monthly interest rate of 0.75%. She wants to have $2,800 to go on a cruise through the Mediterranean. How much money does she need to put into the certified deposit? b) Draw the cash flow diagram. b) What is the amount of money deposited initially?
Please show all work in legible writing, thank you
A couple wants to have $80,000 for their daughter to go to college in 15 years from now. How much money should they put in the bank monthly, if they are getting 6% annual interest compounded monthly? Draw the cash flow diagram a) b) What should be the amount of uniform deposit done monthly?
Can you please show ALL WORK in legible writing (NO CURSIVE
PLEASE)! Thank you so much for helping me!
4. What is the angle of incidence in air of a light ray whose angle of refraction in glass is half the angle of sin 20) 2SinOcoSCO
economic. asap
Page 4 of 6 Problem 4 A capital investment of $25,000 is made in a project that will produce uniform annual revenues of $5,000 for 10 years, and then the project terminates. If the minimum attractive rate (MARR) is 10%. 1) Draw a cash flow diagram 2) What is the present worth of this project? 3) Find the internal rate of return (IRR) if a) Salvage value is zero. b) Salvage value is $8.000. 4) If the external...
The work is done. I just need my answers checked that are
highlighted in yellow. Thank you.
Question 3 Marti's coin collection contains fifty 1937 silver dollars. Her grandparents purchased them at their face value (550) in 1937. These coins have appreciated by 8.2 percent annually. How much will the collection be worth in 2020? Present value 50.00 Years 83.00 Interest rate 8.20% Future value $34,660.33 Question 4 Five years ago, you invested $1,800. Today it is worth $2,215. What...
Show the excel formulas used and answer all questions
Ex. 1 You have $5,000 in your savings account that pays 4% interest. How much will you have in your account after 20 years, a) if your bank pays annually compounded interest? b) if your bank pays monthly compounded interest? c) if your bank pays daily compounded interest? Current balance Interest Years Compounding Annually Monthly Daily a) FV b) FV c) FV Ex. 2 If you need $10,000 in 7 years...
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