Homework Answers
b)
=FV(rate,nper,pmt)
=FV(7%,8,-7800)
=80026.46
No he has not made a wise investment
Add Answer to:
P4-7 (similar to) HW Score: 0%, 0 of 16 pts Question Help Present value of an...
A) What is the future value of the loan 8 years from now? B) Did he...
A) What is the future value of the loan 8 years from now?
B) Did he make a wise investment?
Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end-of-year payments of $7,200 for 8 years. The loan rate is 5%. At the end of 8 years, he believes that he can sell the land for $70,000. If he is correct on the future price, did he make a wise...
Score: 0 of 1 pt < 2 of 6 (5 complete) HW Score: 53.89%, 3.23 of...
Score: 0 of 1 pt < 2 of 6 (5 complete) HW Score: 53.89%, 3.23 of 6 pts X S12A-15 (similar to) Question Help Liam is entering high school and is determined to save money for college. Liam feels he can save $1,000 each year for the next four years from his part-time job. If Liam is able to invest at 4%, how much will he have when he starts college? (Click the icon to view Present Value of $1...
FINA 3001 - Finance Fundamentals Zichen Liu & Save Homework: HW - Chapter 4 Score: 0...
FINA 3001 - Finance Fundamentals Zichen Liu & Save Homework: HW - Chapter 4 Score: 0 of 1 pt 10 of 12 (8 complete) P4-36 (similar to) HW Score: 30,42%, 3.65 of 12 pts Question Help You are thinking about buying a piece of art that costs $30,000. The art dealer is proposing the following deal: He will lend you the money, and you will repay the loan by making the same payment every two years for the next 20...
Score: 0 of 1 pt 3 of 20 (2 complete) HW Sce Problem 5-5 (similar to)...
Score: 0 of 1 pt 3 of 20 (2 complete) HW Sce Problem 5-5 (similar to) (Present value) What is the present value of the following future amounts? a. $900 to be received 9 years from now discounted back to the present at 11 percent b. $200 to be received 6 years from now disc be received 6 years from now discounted back to the present at 9 percent c. $1,100 to be received 13 years from now discounted back...
- 2 piele HW Score: 81.58%, 31 pts P6-12 (similar to) Question Help (Future value of...
- 2 piele HW Score: 81.58%, 31 pts P6-12 (similar to) Question Help (Future value of an annuity) Upon graduating from college 35 years ago, Dr. Nick Riviera was already planning for his retirement. Since then, he has made deposits into a retirement fund on a weekly basis in the amount of $20. Nick has just completed his final payment and is at last ready to retire His retirement and has earned 8 percent compounded weekly. Use five decimal places...
Homework: Unit 7 Lab Assignment Save HW Score: 0%, 0 of 40 pts Score: 0 of...
Homework: Unit 7 Lab Assignment Save HW Score: 0%, 0 of 40 pts Score: 0 of 4 pts 2 of 10 (0 complete) Question Help Problem 4.LO4.14 You are considering the purchase of a BMW MS. You will borrow the money from BMW Financial Services. The terms of the deal are outlined below: BMW MS RWD, 500hp, 0-100 in 4.7s MSRP $110,000 Term 48 months APR 8% Down Payment-So Monthly Payments $2,685.42 The amortized loan payments are a blend of...
Score: 0 of 2 pts 3 of 18 (0 complete) Problem 5-4 (similar to) (Present value)...
Score: 0 of 2 pts 3 of 18 (0 complete) Problem 5-4 (similar to) (Present value) What is the present value of the following future amounts? a. $700 to be received 10 years from now discounted back to the present at 9 percent. b. $200 to be received 8 years from now discounted back to the present at 7 percent. c. $1,100 to be received 11 years from now discounted back to the present at 5 percent. d. $1,050 to...
( ороо) Hw Score: 51.4970, E Questio Present Value-1 (similar to) Find the amount that should...
( ороо) Hw Score: 51.4970, E Questio Present Value-1 (similar to) Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed $2,000 Interest Compounding Investment rate period time semiannually 4 years 3% Click here to view.rage 1 of the table. Click here to view page 2 of the table The amount that should be set aside today is $1 (Round to the nearest cent as needed.)
Present value of an ordinary annuity. Fill in the missing present values in the following table...
Present value of an ordinary annuity. Fill in the missing present values in the following table for an ordinary annuity. Number of Annual Payments or Interest Rate Future Value Annuity Present Value Years 10 16 27 360 10% 12% 4% 0.9% 0 $322.51 $3,178.79 $626.65 $2,474.96
Hi, I need help with this. Thank you Present value of an ordinary annuity. Fill in...
Hi, I need help with this. Thank you
Present value of an ordinary annuity. Fill in the missing present values in the following table for an ordinary annuity: :: Number of Annual Future Value Annuity Present Value Payments or Interest Rate Years 5 L 10% 0 $172.88 $ (Round to the nearest cent.) i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Number of Payments or Years Annual Interest Rate Future Value...
A) What is the future value of the loan 8 years from now?
B) Did he make a wise investment?
Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end-of-year payments of $7,200 for 8 years. The loan rate is 5%. At the end of 8 years, he believes that he can sell the land for $70,000. If he is correct on the future price, did he make a wise...
Score: 0 of 1 pt < 2 of 6 (5 complete) HW Score: 53.89%, 3.23 of 6 pts X S12A-15 (similar to) Question Help Liam is entering high school and is determined to save money for college. Liam feels he can save $1,000 each year for the next four years from his part-time job. If Liam is able to invest at 4%, how much will he have when he starts college? (Click the icon to view Present Value of $1...
FINA 3001 - Finance Fundamentals Zichen Liu & Save Homework: HW - Chapter 4 Score: 0 of 1 pt 10 of 12 (8 complete) P4-36 (similar to) HW Score: 30,42%, 3.65 of 12 pts Question Help You are thinking about buying a piece of art that costs $30,000. The art dealer is proposing the following deal: He will lend you the money, and you will repay the loan by making the same payment every two years for the next 20...
Score: 0 of 1 pt 3 of 20 (2 complete) HW Sce Problem 5-5 (similar to) (Present value) What is the present value of the following future amounts? a. $900 to be received 9 years from now discounted back to the present at 11 percent b. $200 to be received 6 years from now disc be received 6 years from now discounted back to the present at 9 percent c. $1,100 to be received 13 years from now discounted back...
- 2 piele HW Score: 81.58%, 31 pts P6-12 (similar to) Question Help (Future value of an annuity) Upon graduating from college 35 years ago, Dr. Nick Riviera was already planning for his retirement. Since then, he has made deposits into a retirement fund on a weekly basis in the amount of $20. Nick has just completed his final payment and is at last ready to retire His retirement and has earned 8 percent compounded weekly. Use five decimal places...
Homework: Unit 7 Lab Assignment Save HW Score: 0%, 0 of 40 pts Score: 0 of 4 pts 2 of 10 (0 complete) Question Help Problem 4.LO4.14 You are considering the purchase of a BMW MS. You will borrow the money from BMW Financial Services. The terms of the deal are outlined below: BMW MS RWD, 500hp, 0-100 in 4.7s MSRP $110,000 Term 48 months APR 8% Down Payment-So Monthly Payments $2,685.42 The amortized loan payments are a blend of...
Score: 0 of 2 pts 3 of 18 (0 complete) Problem 5-4 (similar to) (Present value) What is the present value of the following future amounts? a. $700 to be received 10 years from now discounted back to the present at 9 percent. b. $200 to be received 8 years from now discounted back to the present at 7 percent. c. $1,100 to be received 11 years from now discounted back to the present at 5 percent. d. $1,050 to...
( ороо) Hw Score: 51.4970, E Questio Present Value-1 (similar to) Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed $2,000 Interest Compounding Investment rate period time semiannually 4 years 3% Click here to view.rage 1 of the table. Click here to view page 2 of the table The amount that should be set aside today is $1 (Round to the nearest cent as needed.)
Present value of an ordinary annuity. Fill in the missing present values in the following table for an ordinary annuity. Number of Annual Payments or Interest Rate Future Value Annuity Present Value Years 10 16 27 360 10% 12% 4% 0.9% 0 $322.51 $3,178.79 $626.65 $2,474.96
Hi, I need help with this. Thank you
Present value of an ordinary annuity. Fill in the missing present values in the following table for an ordinary annuity: :: Number of Annual Future Value Annuity Present Value Payments or Interest Rate Years 5 L 10% 0 $172.88 $ (Round to the nearest cent.) i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Number of Payments or Years Annual Interest Rate Future Value...
Most questions answered within 3 hours.
-
Two identical flutes can play middle C (262 Hz) at 20◦C. How
many beats per second...
asked 3 minutes ago -
Sparky, Co. purchased land as a factory site for $600,000.
Sparky paid $42,000 to tear down...
asked 13 minutes ago -
A Chi-square distribution with 14 degrees of freedom is a
correct model for
Question 8 options:...
asked 42 minutes ago -
In a group of 45 mice, there are 10 that have a certain genetic
character. suppose...
asked 23 minutes ago -
Topic: Hydrogenic Atoms
The wavefunction of one of the d orbitals is proportional to sin
θ...
asked 23 minutes ago -
6. Suppose that the Bank of Canada conducts an open market
purchase of $2000 from a...
asked 38 minutes ago -
A) Suppose U=X∙Y3. Find X* and Y*.
B) Suppose U=X3∙Y. Find X* and Y*.
C) Suppose...
asked 47 minutes ago -
The only quantities of good 1 that Barbara can buy are 1 unit or
zero units....
asked 36 minutes ago -
c. Node Admittance matrix and its use in different calculations
of power transmission system. Display the...
asked 44 minutes ago -
Try to get the code down to less than 40 lines. (PYTHON)
import random
fave_number =...
asked 44 minutes ago -
2.
Regression analysis was applied between sales (in $1,000) and
advertising (in $100), and the following...
asked 52 minutes ago -
I just took a final for chemistry 2. There were alot of
questions on cell potential....
asked 1 hour ago