Question

Pages File Edit Insert Format Arrange View Share Window Help e$ , 33% D Tue 8:18 PM Q圈 checkup_prerequisite-3312 exam practice Qs View Zoom Add Page Insert Table Chart Text Shape Media Comment Collaborate Format Document Text Normal (Web) L Your parents set up a trust fund for you 10 years apo that is now worth S19,671.51. If the find earned 7% per year how much did your parents invest? $10,000 Suppose you want to borrow $20000 for a new car. You can borow at 8% per year. If Style More you take a 4 year loan, what is your monthly paymem tf you on cam 1096 per year. how kng will i, take for an investment to double in value? Suppose you are offered an investment that will allow you to double your monay in 6 3. Font 4. years. What is the implied rate of interest? 5. Suppose you had a relative deposit $10 at 5.5% interest 200 years ago How much would the investrment be worth today Regular 12 pt 6. Suppose you barrow $10,000 fiom your pareats to buy a car. You agrce to pay S207 58 per month for 5 years. What is the annual percemage rate? 7. Suppose you begin sving for your retirement by depositing $2000 per yur in an IRA. Character StylesNone the interest rate is 12.3%, how much will you have in 35 years if each deposit occurs it the end of the year! How much if you make yerly deposits beginning today? Alignment 8. You realize that you have a S5000 balanee on your credit cand, Which is being assessed 18% yeuly interest. If you cut the eredit ead up and make $100 payments every month on it, how many years until you've paid it off? 9. 30-year, $100K loon @ 7% with mondly payments." How much intores aro, principal i first paymemt? In first year? 10, 10% APR, compounded monthly . What is the effective annual mite? 11-25-year bond has a $1,000 faco value, a 10% yield to maturity, and an 8% annual coupon Spacing1.0-Single rate, paid semi-annually. What is the market vaue of the bond? 12. Suppose a bond with a 10% coupon rate and semianual coupons, has a face value of 51000, 20 years to maturity and is selling for SI19793. What's the YTM? Bullets& Lists None 602 words 29

Answer 1