Hi, Could you solve/fill the blank? Thanks
a lot
Homework Answers
rate positively.
| Ans 1 | We have to use finanical calculator to solve this | |||||
| put in calculator - (Set the calculator in BEGIN mode) | ||||||
| PV | 0 | |||||
| PMT | -16000 | |||||
| I | 10% | |||||
| N | 15 | |||||
| Compute FV | $508,359.71 | |||||
| ans = | $508,359.71 | |||||
| Ans 2 | Computation of future value | |||||
| Year | Investment | Future value | ||||
| 6 | 10000 | 19,487.17 | =10000*(1+10%)^7 | |||
| 7 | 10000 | 17,715.61 | =10000*(1+10%)^6 | |||
| 8 | 10000 | 16,105.10 | =10000*(1+10%)^5 | |||
| 9 | 10000 | 14,641.00 | =10000*(1+10%)^4 | |||
| 10 | 10000 | 13,310.00 | =10000*(1+10%)^3 | |||
| Total | 81,258.88 | |||||
| Answer = | 81,258.88 | |||||
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Hi, Could you solve/fill the blank? Thanks
a lot
Lifetime savings accounts, known as LSAs, allow...
rk 3 Help Save Lifetime savings accounts, known as LSAs, allow people to invest after-tax money...
rk 3 Help Save Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $16,000 now and $16,000 each year for the next 13 years, how much will be in the account immediately after the last deposit, provided the account grows by 11% per year? After the last deposit, the balance in the account will be $ < Prey 5 of 10 Next > a o...
Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on...
Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $12,000 now and $12,000 each year for the next 15 years, how much will be in the account immediately after the last deposit, provided the account grows by 8% per year? After the last deposit, the balance in the account will be $
Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on...
Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $18,000 now and $18,000 each year for the next 15 years, how much will be in the account immediately after the last deposit, provided the account grows by 12% per year? After the last deposit, the balance in the account will be $
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Hi, Could you solve/fill the blank? Thanks
a lot
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Joe Smith makes 5 annual deposits of $5,000 in a savings account
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can you show your work for 13-15 please 776 amuay For problems 10-15 use i:5% 10....
can you show your work for 13-15 please
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O You skipped this question in the previous attempt. Check my work How much money would...
O You skipped this question in the previous attempt. Check my work How much money would be accumulated 14 years from now from deposits of $17,000 per year for 5 consecutive years, starting 2 years from now, if the interest rate is 9% per year. The amount that would be accumulated is determined to be $ Saved 0 You skipped this question in the previous attempt. For the cash flows shown, calculate the future worth in year 15 using /=...
rk 3 Help Save Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $16,000 now and $16,000 each year for the next 13 years, how much will be in the account immediately after the last deposit, provided the account grows by 11% per year? After the last deposit, the balance in the account will be $ < Prey 5 of 10 Next > a o...
Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $18,000 now and $18,000 each year for the next 15 years, how much will be in the account immediately after the last deposit, provided the account grows by 12% per year? After the last deposit, the balance in the account will be $
Hi, Could you solve/fill the blank? Thanks
a lot
A commercial real estate developer plans to borrow money to finance an upscale mall in an exclusive area of the city. The developer plans to get a loan that will be repaid with uniform payments of $350,000 beginning in year 2 and ending in year 16. How much will a bank be willing to loan at an interest rate of 8% per year? The bank will be willing to loan the...
8-One year from now, you deposit $300 in a savings account. You deposit $1,800 the next year. Then you wait two more years (until 4 years from now) and deposit $1,000. If your account always earns 6% annual interest and you make no withdrawals, how much will be in the account 11 years from now? 9-You deposit $5000 for 5 years at 4% annual interest. In 5 years, you add $15,000 to your account, but the rate on your account...
Joe Smith makes 5 annual deposits of $5,000 in a savings account
with and interest rate of 5% per year. One year after making the
last deposit, the interest changes to 6%. If the money is withdrawn
five years after the last deposit, how much money is withdrawn?
QUESTION 6 Joe Smith makes 5 annual deposits of $5,000 in a savings account with and interest rate of 5% per year. One year after making the last deposit, the interest changes...
can you show your work for 13-15 please
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O You skipped this question in the previous attempt. Check my work How much money would be accumulated 14 years from now from deposits of $17,000 per year for 5 consecutive years, starting 2 years from now, if the interest rate is 9% per year. The amount that would be accumulated is determined to be $ Saved 0 You skipped this question in the previous attempt. For the cash flows shown, calculate the future worth in year 15 using /=...
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