finance
you expect to receive $1,000 at the end of each of the next 3 years. you will deposit these payments into an account which pays 10 percent compounded semiannually. what is the future value of these payments, that is, the value at the end of the third year?
Homework Answers
Request Answer!
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
You expect to receive $1,000 at the end of each of the next 3 years. You...
You expect to receive $1,000 at the end of each of the next 3 years. You will deposit these payments into an account that pays 12 percent compounded annually. What is the future value of these payments, that is, the value at the end of the third year? a. $3,000.00 b. $3,310.00 c. $3,374.40 d. $3,400.96 e. $3,438.27
4. Future value: Kate Eden received a graduation present of $2,000 that she is planning on...
4. Future value: Kate Eden received a graduation present of $2,000 that she is planning on investing in a mutual fund that earns 8.5 percent each year. How much money will she have in three years? 5. Future value: Your bank pays 5 percent annual interest compounded semiannually on your savings account. You don't expect to add to the current balance of -,700 over the next four years. How much money can you expect to have at the end of...
1. Calculate the accumulated value of an ordinary annuity of $4,200 a year for 6 years...
1. Calculate the accumulated value of an ordinary annuity of $4,200 a year for 6 years if the money is worth 71 2 %. 2. Find the future value of the cash flow of $600 a month for 5 years at 9% interest compounded monthly. 3. If Gabe makes a $450 deposit into his savings fund at the end of each quarter for 6 years, how much will he be able to collect at the end of the sixth year...
Assignment (Time Value of Money) 1. What is the selling price today of a bond with...
Assignment (Time Value of Money) 1. What is the selling price today of a bond with a face value of $100,000,4% coupon paid annually and maturity of 10 years if market interest rates are: b. 6% c. 2% 2. In exchange for a $20,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table, your opportunity cost is 11% Alternative Single Amount $28,000 at the end of 3 years $54,000 at...
Muffin Megabucks is considering two different savings plans. The first plan would have her deposit $500...
Muffin Megabucks is considering two different savings plans. The first plan would have her deposit $500 every six months, and she would receive interest at a 7 percent annual rate, compounded semiannually. Under the second plan she would deposit $1,000 every year with a rate of interest of 7.5 percent, compounded annually. The initial deposit with Plan I would be made six months from now and, with Plan 2, one year hence. (a) What is the future (terminal) value of...
give you $1,000 per year for the next 10 1. Your grandmother has offered to give...
give you $1,000 per year for the next 10 1. Your grandmother has offered to give you $1,000 per year to what is the present value of this 10-year. $1.000 annuity discounted back to the present at 5 percent? What will be the present value if you received the $1,000 payment at the beginning of each year? 2. You are graduating from college at the end of this semester, and you have decided to invest $5000 a year for the...
I need help on question 3. Time Value of Money Exercise: Question 1: Assume you deposit...
I need help on question 3.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 10. Time Value of Money Exercise: Question 1: Assume you deposit...
I need help on question 10.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 7. Time Value of Money Exercise: Question 1: Assume you deposit...
I need help on question 7.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 8. Time Value of Money Exercise: Question 1: Assume you deposit...
I need help on question 8.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
4. Future value: Kate Eden received a graduation present of $2,000 that she is planning on investing in a mutual fund that earns 8.5 percent each year. How much money will she have in three years? 5. Future value: Your bank pays 5 percent annual interest compounded semiannually on your savings account. You don't expect to add to the current balance of -,700 over the next four years. How much money can you expect to have at the end of...
Assignment (Time Value of Money) 1. What is the selling price today of a bond with a face value of $100,000,4% coupon paid annually and maturity of 10 years if market interest rates are: b. 6% c. 2% 2. In exchange for a $20,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table, your opportunity cost is 11% Alternative Single Amount $28,000 at the end of 3 years $54,000 at...
Muffin Megabucks is considering two different savings plans. The first plan would have her deposit $500 every six months, and she would receive interest at a 7 percent annual rate, compounded semiannually. Under the second plan she would deposit $1,000 every year with a rate of interest of 7.5 percent, compounded annually. The initial deposit with Plan I would be made six months from now and, with Plan 2, one year hence. (a) What is the future (terminal) value of...
give you $1,000 per year for the next 10 1. Your grandmother has offered to give you $1,000 per year to what is the present value of this 10-year. $1.000 annuity discounted back to the present at 5 percent? What will be the present value if you received the $1,000 payment at the beginning of each year? 2. You are graduating from college at the end of this semester, and you have decided to invest $5000 a year for the...
I need help on question 3.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 10.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 7.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
I need help on question 8.
Time Value of Money Exercise: Question 1: Assume you deposit $700 every three months at ercent annual rate, compounded $700 every three months at a 6 percent am much will you have at the end of 20 years? Question 2: You borrow a five-year $13.000 loan with monthly percentage rate (APR) on the loan? 3,000 loan with monthly payments of $250. What is the annual Question 3: How much would you have to invest...
Most questions answered within 3 hours.
-
I was looking for help with a computer science c programming
class. not c++
This program...
asked 17 minutes ago -
Albinism is an autosomal recessive condition characterized by
absence of melanin pigment from the skin, eye...
asked 7 minutes ago -
Suppose you're looking at a physics example online, and come
across this expression in the middle...
asked 15 minutes ago -
Compile a list (7 or more) of other commands useful for
navigating or manipulating the UNIX/Linux...
asked 25 minutes ago -
How many grams of PbBr2 will precipitate when excess CrBr3
solution is added to 61.0 mL...
asked 27 minutes ago -
If I was given the address of 134.15.0.0/16 from my ISP and I
wanted to use...
asked 32 minutes ago -
What is the pH of the solution that results of dissolving 1.74g
of sodium hydroxide in...
asked 36 minutes ago -
Given a standardized normal distribution (with μ = 0 and a σ =
1), what is...
asked 1 hour ago -
Given the following information:
acetic acid
CH3COOH
Ka = 1.8×10-5
triethylamine
(C2H5)3N
Kb = 5.2×10-4
(1)...
asked 59 minutes ago -
Potassium permanganate(KMNO4)is has a solubility of 6.4 g/ 100 g
of water at 20ºC, and 250...
asked 56 minutes ago -
51.
As the marginal propensity to expend rises, the multiplier:
decreases.
is impossible to determine.
increases....
asked 1 hour ago -
The Baldwin Company currently has the following balances on their
balance sheet:
Total
Liabilities
$69,309
Common...
asked 1 hour ago