help plz 1) (20 pts) A single investment of $8,000 is made today at the We...
Please show all work in legible writing, thank you A single investment of $5,000 is made today at the Western Traders Credit Union account and 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 Draw the cash flow diagram a) b) Find the future value after five 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 3) (30 pts) A Mother wanted to provide her daughter with a college education so every monthly paycheck she put $200 into the bank. If the bank was giving her 6% annual interest, how much money will the daughter have towards college after 18 years of working? a) (10 pts). Draw the cash flow diagram. Negative money is out of your pocket. b) (20 pts) What will be the future amount of money in her college account?
help plz 2) (30 pts) A couple wants to have $1,200,000 for retirement in 30 years from now. How much money should they put in the bank monthly, if they are getting 4% annual interest compounded monthly? a) (10 pts) Draw the cash flow diagram. Negative money is out of your pocket. b) (20 pts) What should be the amount of uniform deposit done monthly?
help plz 4) (20 pts) A man decides to put a lump sum of money into a certified deposit for 5 years earning a monthly interest rate of 0.50%. He wants to have $4,000 to go on a vacation to Spain. How much money does he need to put into the certified deposit? (10 pts) Draw the cash flow diagram. Negative money is out of your pocket. a) b) (10 pts) What is the amount of money deposited initially?
Question 2 1 pts You invested $11,000, 11 years ago, and today the investment is worth $26,000. At what annual interest rate was the money invested, assuming the interest was compounded annually? Express your answer in % to the nearest 1/10%.
Given below are the future value factors for 1 at 8% for one to five periods. Interest compounded annually is 8%. What amount will be in a bank account three years from now if $8,000 is invested each year for four years with the first investment to be made today?
5. The future value of a single sum investment made today and held for ten years will increase if: A. the annual interest rate decreases B. number of compounding periods increases C. deferring the original investment by one or more periods D. investing at the end of a period, rather than at the beginning of a period
deposit today 25,000 value 10 years from today 50,000 r please help with nuimber 6, but only in EXCEL CHAPTER 2 The Time Value of Money 47 5. (PV single cash flow) Your friend comes to you with a $2,000 post-dated check. The check is due 2 years from today. If the interest rate is 5%, what is the value of the check today? 6. (PV single cash flow, finding r) If you deposit $25,000 today, Union Bank offers to...
Present value concept Answer each of the following questions. a. What single investment made today, earning 8% annual interest, will be worth $5,700 at the end of 10 years? b. What is the present value of $5,700 to be received at the end of 10 years if the discount rate is 8%? c. What is the most you would pay today for a promise to repay you $5.700 at the end of 10 years if your opportunity cost is 8%?...