Homework Answers
The annual rate of return is calculated using the RATE function;-
=RATE(nper,pmt,pv,fv)
=RATE(14,,-9990.58,17300)
=4.00%
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Brief Exercise G-19 Colleen Mooney invest $9.990 58 now and she will receive $17,300 at the...
Brief Exercise A-18 If Colleen Mooney invests $9,610.38 now and she will receive $18,000 at the...
Brief Exercise A-18 If Colleen Mooney invests $9,610.38 now and she will receive $18,000 at the end of 16 years, what annual rate of interest will Colleen earn on her investment? (Hint: Use Present value of 1 factor table.) (Round answer to 0 decimal places, e.g. 25%.) Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual rate of interest
If Colleen Mooney invests $3,400.25 now and she will receive $13,500 at the end of 16...
If Colleen Mooney invests $3,400.25 now and she will receive
$13,500 at the end of 16 years, what annual rate of interest will
Colleen earn on her investment? (Hint: Use Present value
of 1 factor table.) (Round answer to 0 decimal places,
e.g. 25%.)
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
Annual rate of interest
%
Click if you would like to
Show Work for this...
Annual rate of interest % nment CALCOLATOR IUL L SCREEN PRINTERVIRSİON 4BACK Question 4 If Colleen...
Annual rate of interest %
nment CALCOLATOR IUL L SCREEN PRINTERVIRSİON 4BACK Question 4 If Colleen Mooney invests $3,402.39 now and she will receive $11,500 at the end of 18 years, what annual rate of interest will Colleen earn on her investment? (Hint Use Present value of 1 factor table.) (Round answer to 0 decimal places, e.g. 25%.) Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual...
Having trouble trying to figure out how to solve these two, thanks Brief Exercise G-3 Crane...
Having trouble trying to figure out how to solve these two,
thanks
Brief Exercise G-3 Crane Company signed a lease for an office building for a period of 10 years. Under the lease agreement, a security deposit of $9,200 is made. The deposit will be returned at the expiration of the lease with interest compounded at 5% per year Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of...
Joanne Quick made an investment of $18,787.14. From this investment, she will receive $2,000 annually for...
Joanne Quick made an investment of $18,787.14. From this investment, she will receive $2,000 annually for the next 13 years starting one year from now. Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 Click here to view the factor table Present Value of an Annuity of 1 (For calculation purposes, use 5...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Exercise 59 DMV leases a building for 20 years. The lease requires 20 annual payments of...
Exercise 59 DMV leases a building for 20 years. The lease requires 20 annual payments of $12,000 each, with the first payment due immediately. The interest rate in the lease is 10%. What is the present value of the cost of leasing the building? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75.) le provide de seis 20% Click here to view the factor table Future Value...
Brief Exercise G-5 Andrew and Emma Garfleld invested $7,600 in a savings account paying 7% annual...
Brief Exercise G-5 Andrew and Emma Garfleld invested $7,600 in a savings account paying 7% annual interest when their daughter, Angela, was born. They also deposited $1,400 on each of her birthdays until she was 14 (including her 14th birthday) Click here to view the factor table Future Value of 1 Click here to view.the factor table Future Value of an Annuity of (For calculation purposes, use S decimal places as displayed in the factor table provided.) How much was...
Brief Exercise G-5 Andrew and Emma Garfield invested $7,900 in a savings account paying 4% annual...
Brief Exercise G-5 Andrew and Emma Garfield invested $7,900 in a savings account paying 4% annual interest when their daughter, Angela, was born. They also deposited $1,200 on each of her birthdays until she was 17 (including her 17th birthday). Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How...
Brief Exercise A-18 If Colleen Mooney invests $9,610.38 now and she will receive $18,000 at the end of 16 years, what annual rate of interest will Colleen earn on her investment? (Hint: Use Present value of 1 factor table.) (Round answer to 0 decimal places, e.g. 25%.) Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual rate of interest
If Colleen Mooney invests $3,400.25 now and she will receive
$13,500 at the end of 16 years, what annual rate of interest will
Colleen earn on her investment? (Hint: Use Present value
of 1 factor table.) (Round answer to 0 decimal places,
e.g. 25%.)
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
Annual rate of interest
%
Click if you would like to
Show Work for this...
Annual rate of interest %
nment CALCOLATOR IUL L SCREEN PRINTERVIRSİON 4BACK Question 4 If Colleen Mooney invests $3,402.39 now and she will receive $11,500 at the end of 18 years, what annual rate of interest will Colleen earn on her investment? (Hint Use Present value of 1 factor table.) (Round answer to 0 decimal places, e.g. 25%.) Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Annual...
Having trouble trying to figure out how to solve these two,
thanks
Brief Exercise G-3 Crane Company signed a lease for an office building for a period of 10 years. Under the lease agreement, a security deposit of $9,200 is made. The deposit will be returned at the expiration of the lease with interest compounded at 5% per year Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Exercise 59 DMV leases a building for 20 years. The lease requires 20 annual payments of $12,000 each, with the first payment due immediately. The interest rate in the lease is 10%. What is the present value of the cost of leasing the building? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75.) le provide de seis 20% Click here to view the factor table Future Value...
Brief Exercise G-5 Andrew and Emma Garfleld invested $7,600 in a savings account paying 7% annual interest when their daughter, Angela, was born. They also deposited $1,400 on each of her birthdays until she was 14 (including her 14th birthday) Click here to view the factor table Future Value of 1 Click here to view.the factor table Future Value of an Annuity of (For calculation purposes, use S decimal places as displayed in the factor table provided.) How much was...
Brief Exercise G-5 Andrew and Emma Garfield invested $7,900 in a savings account paying 4% annual interest when their daughter, Angela, was born. They also deposited $1,200 on each of her birthdays until she was 17 (including her 17th birthday). Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How...
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