FV = PV*(1+i)^10
6000 = 5000*(1+i)^10
1.2^(1/10) = 1+i
1.0184 = 1 + i
i = 1.8399%
Please show work and explain Question 19 (1 point) Ten years ago, an account was opened...
Ten years ago, an account was opened with an investment of $5000. Its balance is now $8000. If interest was compounded annually, what interest rate was earned on the account? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%)
Pei's savings account balance is $12,000 today. Pei opened the account exactly 7 years ago with a $10,000 deposit. Pei has made no other deposits or withdrawals. What annual interest rate (compounded annually) has the account earned? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%)
5.7 An account was opened with $1,000 ten years ago. Today, the account balance is $1500. If the account paid interes compounded annually, how much interest on interest was camed? A $86.20 - 10 B. $93.10 1500 - 1000 (1 + r)' C. $102.39 1000 1500 D. $130.28 PNO =Fvio ( a)' = 1 + 1.04138-Jar =>r = 4.14% $500.00 = ?
Question 1 (0.2 points) You want to buy a house in 10 years and expect to need $40000 for a down payment. If you have $11000 to invest, how much interest do you have to earn (compounded annually) to reach your goal? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Your Answer: Answer
An account was opened with $1,000 three years ago. Today, the account balance is $1,150. If the interest is compounded annually, how much longer will it take for the account to have earned a total of $300 in interest?
Question 4 (1 point) Stock 1 2 3 $ Invested S300 S400 $400 Expected Return 6% 12% 17% Given the above exhibit, what is the expected return on the portfolio? (Enter your answers as a decimal rounded to 2 decimal places, not a percentage. For example, enter 8.43% instead of 0.0843) Your Answer: Answer units
Question 4 (1 point) Assume that a stocks had an expected return of 11.50 percent and a standard deviation of 4.00 percent. What is the low end of returns would you expect to see 95 percent of the time? (Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43% instead of 0.0843) Your Answer: Answer units
need 22,23,&24 please Question 22 1 pts 9 years ago you deposited 1,861 into an account. Today that account has a balance of 15,771. If the account offers quarterly compounding, what rate of return did you earn? (enter your response as a percentage with 2 decimal places.ex: 12.34 instead of 0.1234) Question 23 1 pts 12th National bank offers an account paying 11.5% interest compounded 7 times per year. What is the effective interest rate paid by this account? (Enter...
Twenty years ago, you deposited $5,000 into an account. You earned 12 percent, compounded annually. How much money do you have in your account today? $25,167.14 $34,826.82 $48,231.47 $16,471.46 10 points QUESTION 4 Jesus deposits $3,000 into an account paying 4 percent interest, compounded annually. At the same time, Jorge deposits $3,000 into an account paying 2 percent interest, compounded annually. At the end of five years: Both Jesus and Jorge will have earned the same amount of interest....
Question 2 (1 point) Bavarian Sausage just issued a 5-year 6% coupon bond. The face value of the bond is $1,000 and the bond makes annual coupon payments. If the bond is trading at $979.42, what is the bond's yield to maturity?(Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%)