1. what does the term called if pay multiple methods for an item? 2.if you had...
1. what does the term called if pay multiple methods for an item?
2.if you had $1000 now and invested it at 6% , how much would it be worth 12 years from now ?. draw cashflow diagram for it
3. If you can earn 6% interest on your money, how much is $1000 paid to you 12 years in future worth to you now? draw cashflow diagram
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1. what does the term called if pay multiple methods for an
item?
2.if you had...
Instructions: Read each item below. Use the PVIF and FVIF tables and the simple interest formula...
Instructions: Read each item below. Use the PVIF and FVIF tables and the simple interest formula to help answer the items below. Joel is going to put $2500 in a savings account at a local bank. The savings account will earn Joel 8% annually, simple interest. How much will Joel have in his account if he leaves the money there for 5 years? 10 years? If Joel had put the $2500 in an account in which the interest compounded annually,...
4. If you had $2,000 now and invested it at 10% interest compounded annually, how much...
4. If you had $2,000 now and invested it at 10% interest compounded annually, how much would it be worth in eight years? Draw the cash flow diagram. ulou norintion on the hond theme for some investors. What
Karen has won $50,000 from a lawsuit. The money will be paid out in 8 equal-sized annual payments (payments are made a...
Karen has won $50,000 from a lawsuit. The money will be paid out in 8 equal-sized annual payments (payments are made at the end of each year). If Karen invests each payment in an account that earns 4.6% interest, compounded annually, how much will she have at the end of 8 years? Preview After Karen wins her lawsuit, she is approached by a structured settlement company. They offer her $48,500, paid immediately, in return for her annual lawsuit payments. How...
(1 point) Your rich uncle the bequest require that this income stream be paid continuously into a...
(1 point) Your rich uncle the bequest require that this income stream be paid continuously into a specific savings account that will not be available to you for 15 years. This account earns 4.8% interest, compounded continuously. to you a continuous, constant income stream of $2000 per year for the next 15 years. The terms of What is the present value of the bequest? 21385.322 How much money would the bequest be worth (including all interest accrued) after 15 years?...
5) Archaic Bank only offers Simple Interest Accounts at 2%. If you opened an account with...
5) Archaic Bank only offers Simple Interest Accounts at 2%. If you opened an account with $1000, how much would be in your account after 5 years? 6) You open an account at another bank paying compound interest. If you put $1000 in the account and the interest rate is 2%, how much will you have after 5 years if the money is a) Compounded annually b) Compounded quarterly 7) You found an old baseball card that increasing in value...
You have just deposited $6,000 into an account that promises to pay you an annual interest...
You have just deposited $6,000 into an account that promises to pay you an annual interest rate of 5.5 percent each year for the next 6 years. You will leave the money invested in the account and 10 years from today, you need to have $12,800 in the account. What annual interest rate must you earn over the last 4 years to accomplish this goal? Multiple Choice 10.64% 10.48% 9.22% 12.97% 11.53%
Decision making: Deal 1: An item can be purchased for $7850. Deal 2: The same item...
Decision making: Deal 1: An item can be purchased for $7850. Deal 2: The same item can be purchased for $2355.00 down and $84.11 at the end of each month for 7 years. If money is worth 6.25% compounded monthly to you... a. Deal 1 is better, by how much now?
How much do you pay for a zero coupon government bond that has a term of...
How much do you pay for a zero coupon government bond that has a term of 30 years, an interest rate of 10%, and a par value of $1000.
please solve all the problems Problem 1 On week one, a business spent $3000, and received...
please solve all the problems
Problem 1 On week one, a business spent $3000, and received $500 cash. On week two, the business spent $400, a customer paid $1000 on credit, so no cash will be received until week five. On week three, the business spent $400, and received $950 cash. On week four, the business spent $500, and received $1,100 cash. On week five, the business spent $500, received $1,100 cash, and also received the cash from the customer...
mobily 4G 8:33 PM 11%; Back Assignment 1 2. In 1790 Benjamin Franklin left $4,600 each...
mobily 4G 8:33 PM 11%; Back Assignment 1 2. In 1790 Benjamin Franklin left $4,600 each to the cities of Philadelphia and Boston. He stipulated that the money be invested and that the principal not be touched for 100 years a. If the money had been invested at 4%, compounded yearly, how much would each city have had in 1890? b. How much if it had been invested at 5%, compounded yearly? C. 3. Calculate the present value of $1,000...
4. If you had $2,000 now and invested it at 10% interest compounded annually, how much would it be worth in eight years? Draw the cash flow diagram. ulou norintion on the hond theme for some investors. What
Karen has won $50,000 from a lawsuit. The money will be paid out in 8 equal-sized annual payments (payments are made at the end of each year). If Karen invests each payment in an account that earns 4.6% interest, compounded annually, how much will she have at the end of 8 years? Preview After Karen wins her lawsuit, she is approached by a structured settlement company. They offer her $48,500, paid immediately, in return for her annual lawsuit payments. How...
(1 point) Your rich uncle the bequest require that this income stream be paid continuously into a specific savings account that will not be available to you for 15 years. This account earns 4.8% interest, compounded continuously. to you a continuous, constant income stream of $2000 per year for the next 15 years. The terms of What is the present value of the bequest? 21385.322 How much money would the bequest be worth (including all interest accrued) after 15 years?...
5) Archaic Bank only offers Simple Interest Accounts at 2%. If you opened an account with $1000, how much would be in your account after 5 years? 6) You open an account at another bank paying compound interest. If you put $1000 in the account and the interest rate is 2%, how much will you have after 5 years if the money is a) Compounded annually b) Compounded quarterly 7) You found an old baseball card that increasing in value...
please solve all the problems
Problem 1 On week one, a business spent $3000, and received $500 cash. On week two, the business spent $400, a customer paid $1000 on credit, so no cash will be received until week five. On week three, the business spent $400, and received $950 cash. On week four, the business spent $500, and received $1,100 cash. On week five, the business spent $500, received $1,100 cash, and also received the cash from the customer...
mobily 4G 8:33 PM 11%; Back Assignment 1 2. In 1790 Benjamin Franklin left $4,600 each to the cities of Philadelphia and Boston. He stipulated that the money be invested and that the principal not be touched for 100 years a. If the money had been invested at 4%, compounded yearly, how much would each city have had in 1890? b. How much if it had been invested at 5%, compounded yearly? C. 3. Calculate the present value of $1,000...
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