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need the algebra and excel functions.
Suppose you invested $3,700 nine years ago into an investment...
Question 2 1 pts You invested $11,000, 11 years ago, and today the investment is worth...
Question 2 1 pts You invested $11,000, 11 years ago, and today the investment is worth $26,000. At what annual interest rate was the money invested, assuming the interest was compounded annually? Express your answer in % to the nearest 1/10%.
Suppose you invested $1,000 in stocks 5 years ago and your account is now worth $2,150....
Suppose you invested $1,000 in stocks 5 years ago and your account is now worth $2,150. Please calculate the annual rate of return on this investment
1. Fifteen years ago, you put away $7,500. Today, that investment is now worth $22,068. What...
1. Fifteen years ago, you put away $7,500. Today, that investment is now worth $22,068. What is the average annual rate of return you earned on your investment? 2. Your company takes out a 10-year term loan to borrow $1,325,000 to finance a building expansion. The annual interest rate on the loan is 4.75% and equal payments are made monthly. How much will the monthly payment be? 3. Referring back to question #2, how much...
You invested $1,000 two years ago, and the value of your investment has increased to $1,204....
You invested $1,000 two years ago, and the value of your investment has increased to $1,204. What is your compounded annual rate of return over this period? a. 6.82% b. 7.88% c. 9.73% d. 10.20% e. 11.76%
Need help, please show work for solutions. 1.) An investor just invested $10,000 in an investment that is expected to ea...
Need help, please show work for solutions. 1.) An investor just invested $10,000 in an investment that is expected to earn a 6% interest rate. Assuming the 6% annual return is realized, what will be the value of the investment at the end of 25 years? 2.) If you deposit $45,000 into a 5-year CD today earning 4% interest compounded quarterly, what would be the account balance be at the end of 5 years? 3.) A 22-year old college student...
1. Seven years ago, you put $500 in a bank account earning 6%/year. What is the...
1. Seven years ago, you put $500 in a bank account earning 6%/year. What is the bank account balance today? 2. You want to double your money in 5 years. What rate of return do your need to earn? 3. At 4% per year, how long does it take for $500 to grow to $750? 4. What is the present value of an annuity due that pays $1000 per month for two years if the interest rate is 6%/year compounded...
Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving...
Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving annual payments of $700 on the bond. You will continue to receive annual payments of this same amount for the next 3 years, after which time you will also receive a payment equal to your initial investment as your final payment. Suppose another investor is interested in purchasing the bond from you. What is the minimum price you should accept for the bond if...
Calculate all of the problems in the document below in an Excel spreadsheet or on a...
Calculate all of the problems in the document below in an Excel spreadsheet or on a financial calculator. Please show your work in order to get credit. For each problem, state the inputs given, what you are being asked to find (the missing input), and then use the Finance function to get the correct answer (if using Excel). 1. If you wish to accumulate $100,000 in 5 years, how much must you deposit today in an account that pays an...
10 Suppose that you invested $8,000 in a corporate bond 12 years ago and have been...
10 Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving annual payments of $680 on the bond. You will continue to receive annual payments of this same amount for the next 3 years, after which time you will also receive a payment equal to your initial investment as your final payment. Suppose another investor is interested in purchasing the bond from you. What is the minimum price you should accept for the bond...
39. You bought a painting 10 years ago as an investment. You originally paid for $484,050,...
39. You bought a painting 10 years ago as an investment. You originally paid for $484,050, what was your annual return on investment? A) 47% B) 47% C) 1996 D) 12.8% Answer: $85,000 for it. If you sold it 40. What is the present value of S12.500 to be received 10 years from today? Assume a discount rate of 8% compounded annually and round to the nearest $10. A) $5,790 B) $11,574 C) $9,210 D) $17,010 Answer il. You wish...
Question 2 1 pts You invested $11,000, 11 years ago, and today the investment is worth $26,000. At what annual interest rate was the money invested, assuming the interest was compounded annually? Express your answer in % to the nearest 1/10%.
Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving annual payments of $700 on the bond. You will continue to receive annual payments of this same amount for the next 3 years, after which time you will also receive a payment equal to your initial investment as your final payment. Suppose another investor is interested in purchasing the bond from you. What is the minimum price you should accept for the bond if...
10 Suppose that you invested $8,000 in a corporate bond 12 years ago and have been receiving annual payments of $680 on the bond. You will continue to receive annual payments of this same amount for the next 3 years, after which time you will also receive a payment equal to your initial investment as your final payment. Suppose another investor is interested in purchasing the bond from you. What is the minimum price you should accept for the bond...
39. You bought a painting 10 years ago as an investment. You originally paid for $484,050, what was your annual return on investment? A) 47% B) 47% C) 1996 D) 12.8% Answer: $85,000 for it. If you sold it 40. What is the present value of S12.500 to be received 10 years from today? Assume a discount rate of 8% compounded annually and round to the nearest $10. A) $5,790 B) $11,574 C) $9,210 D) $17,010 Answer il. You wish...
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