can someone please help me with this question? I just can't get the math right especially for the percentage and the year. Do I time the percent by the year or divide? can this be done in excel? does it have a special function like PV, FV PMT does?
can someone please help me with this question? I just can't get the math right especially...
Can someone please help me with this? I have been trying to solve it and I am now on my last attempt and I don't know what I am doing wrong Home Read, Study & Practice Gradebook ORION Downloadable eTextbook Assignment> Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Ch. 6.Homework Your answer is incorrect. Try again Practice Exercise 6- What is the future value of $29,000 at the end of 5 periods at 11% compounded interest?...
Exercise 6-7 What would you pay for a $160,000 debenture bond that matures in 15 years and pays $8,000 a year in interest if you wanted to earn a yield of: Click here to view factor tables 3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay $enter a dollar amount to pay rounded to 0 decimal places LINK TO TEXT 4%? (Round factor values to 5 decimal...
What would you pay for a $170,000 debenture bond that matures in 15 years and pays $8,500 a year in interest if you wanted to earn a yield of: Click here to view factor tables 3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay $ e Textbook and Media 4%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g....
RCES Exercise 6-7 What would you pay for a $105,000 debenture bond that matures in 15 years and pays $5,250 a year in interest if you wanted to earn a yield of: Click here to view factor tables 2%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay Study $ 145475 3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places,...
CALCULATOR FULL S Exercise 6-7 What would you pay for a $225,000 debenture bond that matures in 15 years and pays $11,250 a year in interest if you wanted to earn a yield of Click here to view factor tables 2%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to decimal places, eg. 458.581.) Amount to Pay 3%7 (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to decimal places, e.g. 458,581.) Amount...
6-7 What would you pay for a $145,000 debenture bond that matures in 15 years and pays $7,250 a year in interest if you wanted to earn a yield of: Click here to view factor tables 3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay $enter a dollar amount to pay rounded to 0 decimal places 4%? (Round factor values to 5 decimal places, e.g. 1.25124 and...
Exercise 6-2 Chris Jackson invests $53,400 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Chris withdraws the accumulated amount of money. Compute the amount Chris would withdraw assuming the investment earns simple interest. (Round answers to decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO TEXT Click here to view factor tables Compute the amount Chris would withdraw assuming the investment earns...
Question 3 View Policies Current Attempt in Progress What would you pay for a $175,000 debenture bond that matures in 15 years and pays $8,750 a year in interest if you wanted to earn a yield of: Click here to view factor tables. 2%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Amount to Pay $ e Textbook and Media 3%? (Round factor values to 5 decimal places, e.g. 1.25124...
Exercise 6-2 Leon Jackson invests $44,300 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Leon withdraws the accumulated amount of money. Compute the amount Leon would withdraw assuming the investment earns simple interest. (Round answers to 0 decimal places, e.g. 458,581.) Total withdrawn $enter total withdrawn in dollars rounded to 0 decimal places LINK TO TEXT LINK TO TEXT LINK TO VIDEO Click here...
Exercise 6-3 Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) Click here to view factor tables What is the future value of $8,160 at the end of 7 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The future value $enter the future value in dollars rounded to 0 decimal places LINK TO TEXT LINK TO...