You deposit $1000 today, followed by $2000 one year from today and $3000 two years from...
You deposit $1000 today, followed by $2000 one year from today and $3000 two years from today. The interest rate in the account is 9.9% compounded quarterly. How much will you have in three years’ time (three years from today)? $7081.23 $7063.91 $6405.80 $7039.98 $6000.00
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.
Add Answer to:
You deposit $1000 today, followed by $2000 one year from today
and $3000 two years from...
1. The Shawness Company must pay $5,500 one year from today; $6,500 two years from today;...
1. The Shawness Company must pay $5,500 one year from today; $6,500 two years from today; $7,500 three years from today; $9,500 four years from today; and $15,000 five years from today to settle a liability. At an interest rate of 6.5%, what is the present value of these future cash flow payments? 2. You currently have $2,500 in your savings account. You would like to have $8,000 four years from today. How much must you deposit in equal amounts...
You deposit $1000 in an account today You will deposit $600 at the end of each...
You deposit $1000 in an account today You will deposit $600 at the end of each month for the next twelve months and $800 per month for the following twelve months. How much interest will you have earned in two years in the account pays 5.5% compounded monthly?
8. You deposit $1000 in an account today You will deposit $600 at the end of...
8. You deposit $1000 in an account today You will deposit $600 at the end of each month for the next twelve months and $800 per month for the following twelve months. How much interest will you have earned in two years in the account pays 5.5% compounded monthly?
Question 9 (10 points) Starting one year from today (t 1). you decide to deposit $1000...
Question 9 (10 points) Starting one year from today (t 1). you decide to deposit $1000 a year for next six years (six deposits in total). You will spend 1/2 of what you have at the end of the 8th year, and the rest at the end of the 10th year How much will you have at the end of the 10th year to spend? The interest rate is 10%, and the interest is compounded annually You have to show...
Question 1: (10 marks) 1. If you deposit $100 in one year, $200 in two years,...
Question 1: (10 marks) 1. If you deposit $100 in one year, $200 in two years, and $300 in three years, how much will you have in three years? How much of this is interest? How much will you have in five years if you do not add additional amounts? Assume a 7% interest rate throughout. (3 marks) Bond has a face value of $100 with coupon rate of 14% paid semi-annually, the yield to maturity is 16%. what is...
Question 4 (3 pts) 1. (1 pts) Suppose you plan to deposit $100 into an account...
Question 4 (3 pts) 1. (1 pts) Suppose you plan to deposit $100 into an account in one year and $300 into the account in three years. How much will be in the account in five years if the interest rate is 8%? 2. (1 pts) You are considering an investment that will pay you $1000 in one year, $2000 in two years and $3000 in three years. If you want to earn 10% on your money, how much would...
8-One year from now, you deposit $300 in a savings account. You deposit $1,800 the next...
8-One year from now, you deposit $300 in a savings account. You deposit $1,800 the next year. Then you wait two more years (until 4 years from now) and deposit $1,000. If your account always earns 6% annual interest and you make no withdrawals, how much will be in the account 11 years from now? 9-You deposit $5000 for 5 years at 4% annual interest. In 5 years, you add $15,000 to your account, but the rate on your account...
3. Two years ago, you invested $5,000 in a four-year certificate of deposit (CD). The annual...
3. Two years ago, you invested $5,000 in a four-year certificate of deposit (CD). The annual (stated) rate is 4% on the CD and it is compounded quarterly. Rates have increased and you are considering reinvesting in another certificate of deposit. However, if you withdraw the money from the original CD, you suffer a 10% penalty on the entire balance (interest and principal): a. If you make the withdrawal today, how much would you have remaining? (8 Points)
You receive $100 today, $200 in one year, and $300 in two years. If you deposit...
You receive $100 today, $200 in one year, and $300 in two years. If you deposit these cash flows into an account earning 12 percent, the value in the account three years from now is ___ _ **Please answer with formula and how to enter into calculator.**
You deposit $1,000 at the end of the year (k = 0) into an account that...
You deposit $1,000 at the end of the year (k = 0) into an account that pays interest at a rate of 6% compounded annually. Two years after your deposit, the savings account interest rate changes to 12% nominal interest compounded monthly. Five years after your deposit, the savings account again changes its interest rate, this time the interest rate becomes 8% nominal interest compounded quarterly. Eight years after your deposit, the saving account changes its rate once more to...
Question 9 (10 points) Starting one year from today (t 1). you decide to deposit $1000 a year for next six years (six deposits in total). You will spend 1/2 of what you have at the end of the 8th year, and the rest at the end of the 10th year How much will you have at the end of the 10th year to spend? The interest rate is 10%, and the interest is compounded annually You have to show...
Question 1: (10 marks) 1. If you deposit $100 in one year, $200 in two years, and $300 in three years, how much will you have in three years? How much of this is interest? How much will you have in five years if you do not add additional amounts? Assume a 7% interest rate throughout. (3 marks) Bond has a face value of $100 with coupon rate of 14% paid semi-annually, the yield to maturity is 16%. what is...
Question 4 (3 pts) 1. (1 pts) Suppose you plan to deposit $100 into an account in one year and $300 into the account in three years. How much will be in the account in five years if the interest rate is 8%? 2. (1 pts) You are considering an investment that will pay you $1000 in one year, $2000 in two years and $3000 in three years. If you want to earn 10% on your money, how much would...
8-One year from now, you deposit $300 in a savings account. You deposit $1,800 the next year. Then you wait two more years (until 4 years from now) and deposit $1,000. If your account always earns 6% annual interest and you make no withdrawals, how much will be in the account 11 years from now? 9-You deposit $5000 for 5 years at 4% annual interest. In 5 years, you add $15,000 to your account, but the rate on your account...
3. Two years ago, you invested $5,000 in a four-year certificate of deposit (CD). The annual (stated) rate is 4% on the CD and it is compounded quarterly. Rates have increased and you are considering reinvesting in another certificate of deposit. However, if you withdraw the money from the original CD, you suffer a 10% penalty on the entire balance (interest and principal): a. If you make the withdrawal today, how much would you have remaining? (8 Points)
You deposit $1,000 at the end of the year (k = 0) into an account that pays interest at a rate of 6% compounded annually. Two years after your deposit, the savings account interest rate changes to 12% nominal interest compounded monthly. Five years after your deposit, the savings account again changes its interest rate, this time the interest rate becomes 8% nominal interest compounded quarterly. Eight years after your deposit, the saving account changes its rate once more to...
Most questions answered within 3 hours.
-
What is the methodology that should be used when developing a
risk management plan for an...
asked 5 minutes ago -
The factory method and the abstract factory pattern use
different object oriented
mechanisms are used to...
asked 3 hours ago -
Given the data below for the monthly sales data at each branch in
your region for...
asked 4 hours ago -
Blossom Company owns 10000 of the 50000 outstanding shares of
Taylor, Inc. common stock. During 2018,...
asked 6 hours ago -
Calculate the following: ***SHOW ALL WORK!!!! Or
NO CREDIT*** Circle your answers. 8pts
each
In the...
asked 7 hours ago -
Bank Z is currently advertising interest rates on its checking
account. They claim to pay an...
asked 7 hours ago -
List two ways of transformation on the response variable that
can be used to deal with...
asked 8 hours ago -
If a 2000 ohm resistor has a -3.90 mA current going through it.
What is the...
asked 8 hours ago -
Please comment on the sentences.
Some types of jobs require more training than others. Some
companies...
asked 9 hours ago -
The )G01 for the hydrolysis of phosphorarginine
reaction depicted below is –32 kJ mol-1.
Phosphoarginine ...
asked 9 hours ago -
Cross a heterozygous blue-eyed goat with a homozygous brown-eyed
goat. Be sure to indicate which kids...
asked 10 hours ago -
Use the following information to answer the next two
questions.
Please refer to question 9-90. A...
asked 10 hours ago