Homework Answers
Ans $ 1847.80
| Annuity PV Factor = | P [ 1 - ( 1 + r )-n ] |
| r | |
| 8000 = | P* ( 1 - ((1 / (1 + 5%)^5))) |
| 5% | |
| 8000 = | 0.216473833531541 * P |
| 0.05 | |
| P = | 8000 * 0.05 / 0.216473833531541 |
| P = | 1847.80 |
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today to be able to I wears from an accounLearn EAQ6U...
toda a person would have to de way to be able to take out $100 a...
toda a person would have to de way to be able to take out $100 a year years from an account earning 70- 14 Determine a Loan Payment Amount. If you borrow $8,000 with a 5% interest rate; to herepaidi e qual Yearly payments What would be the amount of eac e Usef Dolci al cacolator or the present lue of an alvity table in the Chapter Appendix)
please show all steps, I need help on part D. Thanks! row detailed and appropriate cash...
please show all steps, I need help on part D.
Thanks!
row detailed and appropriate cash flow diagrams for each problem, and use quations to solve each problem. Show and explain all work Facter Name ormula Converts to given P to P given F to A given F to A given fP to F given A to P given A Single Payment Compound Amount (F/P, ma, n) P/F, P%, n) AF.%, n) (AP, ins, n) Single Payment Present Worth Uniform...
hi I need detailed help please thank you hi here's the required infos BE 6-10 deferred...
hi
I need detailed help please thank you
hi
here's the required infos
BE 6-10 deferred annuity Refer to the situation described in BE 6-8. What amount did Canliss borrow assuming that the first of the five annual $10,000 payments was not due for three years? BE 6-10 deferred annuity Refer to the situation described in BE 6-8. What amount did Canliss borrow assuming that the first of the five annual $10,000 payments was not due for three years? BE...
please show all steps. Dupu U No Spac. Heading 1 Heading 2 A BLE ABLE Aabbed...
please show all steps.
Dupu U No Spac. Heading 1 Heading 2 A BLE ABLE Aabbed MORGET ABbccbr ARCABECEDAABEcco ABCD A Subtitle Subtlem. Emphasis intense . Strong Quote intense . Subtle Red Intense Re Book Title A Y A . . . Normal Title Font Paragraph 1. You have purchased a used car for $3000 with a loan at 6% APR, compounded monthly. You have agreed to repay the loan in 12 equal end-of-month payments. The payments are made at...
ya so how do I do this... thanks Example: Ordinary Annuity On Jan 1, 20x1 Sparky...
ya so how do I do this...
thanks
Example: Ordinary Annuity On Jan 1, 20x1 Sparky sold some new equipment to ABC Co. on an installment contract basis. The contract required five equal annual payments of principal & interest in the amount of $10,000, and the first payment is due on December 31, 20x1. The customer's normal cost to borrow is 6% APR. From PVOA table: the factor for 6%, 5n = 4.2124 Jan'x1 Dec 'x1 Dec 'x2 Dec 'x3...
Are my answers correct?? Beginning one year from today, Jesse will begin investing $8,000 at the...
Are my answers correct??
Beginning one year from today, Jesse will begin investing $8,000 at the end of each year for five years at 8% interest compounded annually Question #1: Rounded to the nearest whole dollar, how much will Jesse have in his account at the end of year five, immediately after his last payment? Note: You may use the factor tables located in the appendix of your textbook of use the factor table links located at the bottom of...
Please show all work, the directions is on the first pictures. Please show all steps, thanks! ...
Please show all work, the directions is on the first
pictures. Please show all steps, thanks!
Draw detailed and appropriate cash flow diagrams for each problem, and use the EE Equations to solve each problem. Show and explain all work. Factor Name Formula Converts to Fgiven P to P given F to A given F to A given F to F given A to P given A Symbol (F/P, i%, n) (P/F, i%, n) (A/F, i%, n) Single Payment Compound...
Hi! Would you be able to solve #6 problem using only a financial calculator ? Thanks in advance for your time. p...
Hi!
Would you be able to solve #6 problem using only a
financial calculator ?
Thanks in advance for your time.
pay SPUL VUV Wuvos this price, the bonds yield 5.9 percent. What must the coupon rate be on the bonds? 6. Bond Prices [LO2] Sqeekers Co. issued 15-year bonds a year ago at a coupon rate of 4.1 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 4.5...
deposit today 25,000 value 10 years from today 50,000 r please help with nuimber 6, but...
deposit today
25,000
value 10 years from today
50,000
r
please help with nuimber 6, but only in EXCEL
CHAPTER 2 The Time Value of Money 47 5. (PV single cash flow) Your friend comes to you with a $2,000 post-dated check. The check is due 2 years from today. If the interest rate is 5%, what is the value of the check today? 6. (PV single cash flow, finding r) If you deposit $25,000 today, Union Bank offers to...
Please complete what is being asked with the questions and show all steps, thanks! ial Estrmated...
Please complete what is being asked with the questions
and show all steps, thanks!
ial Estrmated Estimated capital required receipts disbursements annual annual Estimated life years) 12 Investment 300,000 130,000 140,000 175,000 120,000 56,000 25,000 62,000 126.000 Note: Assume equal replacement conditions for this problem. Approach 2. Assume equal replacement conditions (costs and incomes) for each alter- native and compute the discounted present worth on the basis of the least common multiple of lives for all alternatives. First, draw a...
toda a person would have to de way to be able to take out $100 a year years from an account earning 70- 14 Determine a Loan Payment Amount. If you borrow $8,000 with a 5% interest rate; to herepaidi e qual Yearly payments What would be the amount of eac e Usef Dolci al cacolator or the present lue of an alvity table in the Chapter Appendix)
please show all steps, I need help on part D.
Thanks!
row detailed and appropriate cash flow diagrams for each problem, and use quations to solve each problem. Show and explain all work Facter Name ormula Converts to given P to P given F to A given F to A given fP to F given A to P given A Single Payment Compound Amount (F/P, ma, n) P/F, P%, n) AF.%, n) (AP, ins, n) Single Payment Present Worth Uniform...
hi
I need detailed help please thank you
hi
here's the required infos
BE 6-10 deferred annuity Refer to the situation described in BE 6-8. What amount did Canliss borrow assuming that the first of the five annual $10,000 payments was not due for three years? BE 6-10 deferred annuity Refer to the situation described in BE 6-8. What amount did Canliss borrow assuming that the first of the five annual $10,000 payments was not due for three years? BE...
please show all steps.
Dupu U No Spac. Heading 1 Heading 2 A BLE ABLE Aabbed MORGET ABbccbr ARCABECEDAABEcco ABCD A Subtitle Subtlem. Emphasis intense . Strong Quote intense . Subtle Red Intense Re Book Title A Y A . . . Normal Title Font Paragraph 1. You have purchased a used car for $3000 with a loan at 6% APR, compounded monthly. You have agreed to repay the loan in 12 equal end-of-month payments. The payments are made at...
ya so how do I do this...
thanks
Example: Ordinary Annuity On Jan 1, 20x1 Sparky sold some new equipment to ABC Co. on an installment contract basis. The contract required five equal annual payments of principal & interest in the amount of $10,000, and the first payment is due on December 31, 20x1. The customer's normal cost to borrow is 6% APR. From PVOA table: the factor for 6%, 5n = 4.2124 Jan'x1 Dec 'x1 Dec 'x2 Dec 'x3...
Are my answers correct??
Beginning one year from today, Jesse will begin investing $8,000 at the end of each year for five years at 8% interest compounded annually Question #1: Rounded to the nearest whole dollar, how much will Jesse have in his account at the end of year five, immediately after his last payment? Note: You may use the factor tables located in the appendix of your textbook of use the factor table links located at the bottom of...
Please show all work, the directions is on the first
pictures. Please show all steps, thanks!
Draw detailed and appropriate cash flow diagrams for each problem, and use the EE Equations to solve each problem. Show and explain all work. Factor Name Formula Converts to Fgiven P to P given F to A given F to A given F to F given A to P given A Symbol (F/P, i%, n) (P/F, i%, n) (A/F, i%, n) Single Payment Compound...
Hi!
Would you be able to solve #6 problem using only a
financial calculator ?
Thanks in advance for your time.
pay SPUL VUV Wuvos this price, the bonds yield 5.9 percent. What must the coupon rate be on the bonds? 6. Bond Prices [LO2] Sqeekers Co. issued 15-year bonds a year ago at a coupon rate of 4.1 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 4.5...
deposit today
25,000
value 10 years from today
50,000
r
please help with nuimber 6, but only in EXCEL
CHAPTER 2 The Time Value of Money 47 5. (PV single cash flow) Your friend comes to you with a $2,000 post-dated check. The check is due 2 years from today. If the interest rate is 5%, what is the value of the check today? 6. (PV single cash flow, finding r) If you deposit $25,000 today, Union Bank offers to...
Please complete what is being asked with the questions
and show all steps, thanks!
ial Estrmated Estimated capital required receipts disbursements annual annual Estimated life years) 12 Investment 300,000 130,000 140,000 175,000 120,000 56,000 25,000 62,000 126.000 Note: Assume equal replacement conditions for this problem. Approach 2. Assume equal replacement conditions (costs and incomes) for each alter- native and compute the discounted present worth on the basis of the least common multiple of lives for all alternatives. First, draw a...
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