HW 1 Finance

Hello, I need help with finance questions from book Fundamentals of corporate finance ( 11th Canadian Edition) Chapter 5 Q.7 Thank you,

ques 20

Practice Set 7 – The Mathematics of Finance (for CBAE, CHE, & CAE) Mathematics as a Tool (Part 2) H. Select the formula to be used in each problem below, then solve. nt A = P| 1+- A P = I = A-P, I = Prt nt 1+- 1. What is the compound amount and interest if Php 10,000 is invested at 3.6% compounded monthly for 2 years? 2. How much interest earned in 5 years on Php 20,000 deposited in an account paying 6.5% compounded semi-annually? 3. How much money should you invest at an interest rate of 4.5% compounded monthly, in order to have Php 300,000 in 4 years? ctice Set

Question E5-2

Abm (business math questions) can you help me?

From 4.1 to 4.9 use financial calculator

* 00 Problem Set 1: Finance Score: 19.8/50 8/20 answered Question 10 You deposit $3000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 20 years? no. Question Help: D Video 1 D Video 2 Submit Question MacBook Air 08 F3 DD F1 F2 F4 & i 1 # 2$ 2 4. 5. R A H

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MAA MATHEMATICAL ASSOCIATION OF AMERICA Simple and Compound Interest / 8 Previous Problem Problem List Next Problem HW 20 Simple and Compound Interest: Problem 8 (2 points) How much do you need to invest in an account earning an annual interest rate of 3.734% compounded weekly, so that your money will grow to $7,550.00 in 44 weeks? The amount you need to invest is (Note: Your answers should include a dollar sign and be accurate to two decimal places) Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining. Page generated at 05/04/2024 at 02:45pm EDT WeBWorK 1996-2022 | theme: math4-green | ww_version: 2.17 | pg.version 2.17 | The WaßWork Project

Give typing answer with explanation and conclusion

Activity 1.3 Complete the table below by finding the unknown. Principal Rate Time Interest Maturity Value 2.5 years 4 years P45,000 2% 1.2% 3% P4,560 P105,000 P114,450 Guide Questions: For the first set of values a. What unknown variable will you solve first? b. What formula will you use to find the missing values? For the second set of values a. Which among the missing components can be solved using the given? b. How will you solve the next missing component? For the third set of values a. What formula will you use to find the missing value? b. Which component can be solved first using the given?

H1. Account

Chapter 11, Question 2

QUESTION 5 You wish to have $4,000 in 2 years to purchase a new entertainment system. How much money (to the nearest dollar) should you deposit each quarter into an account paying 8% compounded quarterly? Summarize the information provided, stating the interest rate in a decimal form. PN = 4000 r = 0.08 N = 2 k = 4 Identify the formula you will to solve by writing the letter of the formula here: use A. A=P.(1+rt) В. P. = P.1+ rNk 1+ С. PN = D. P. -[1+ Solve the problem and give your answer here:

Need D and C please use IT-84 calculator  what is  N = I%= PV= PMT=FV= What are we solving for? Thank you

< CO T R E # 3 Problem Set 1: Finance Progr Score: 19.8/50 8/20 answered Question 15 You want to be able to withdraw $35,000 from your account each year for 25 years after you retire. You expect to retire in 15 years. If your account earns 6% interest, how much will you need to deposit each year until retirement to achieve your retirement goals? 24 Question Help: D Video Submit Question MacBook Air 08 F3 DD F2 F4 F5 F8 & $ 2 5. M

Q. 2

Question #1.18

Problem 8. What is the equivalent worth in year 5 of the following series of income and disbursements, if the interest rate is 10% per year? Year Income, S 0 0 1-5 6000 6-8 6000 9-14 8000 Answer: Equation: CFD: Expense, S 9000 6000 3000 5000

uo 5:57 O116% ",ll7& O 100 Jo E Expert Q&A What is the CW, when i=10% per year, of $1,500 per year starting in one year and continuing forever, and $10,000 at the end of year 5 repeating every 4 years thereafter, and continuing forever? a. Draw a cash flow diagram b. Explain in words how you would approach the problem c. When i =10%, what value of N, practically speaking, defines "forever"?

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2. If $14,000 had been invested in the Fictious Fund on June 30, 1995, then on June 30, 2005 the investment would have been worth $55,177.52. What interest rate compounded annually would this investment have earned? Round to the nearest hundredth of a percent. а. 14.70% b. 39.41% С. 29.41% d. 13.71% е. 29.41% 3. A credit card bill due on April 5 showed a balance of $263. The card holder forgot to pay the bill until the 20th of the month, but paid the full amount of $263 at that time. In the mean time, the card was used to make purchases of $138 on the 10th of the month and $74 on the 20th of the month. What was the average daily balance for the billing period? а. $362.50 b. $95.97 с. $166.07 d. $184.27

MAA MATHEMATICAL ASSOCIATION OF AMERICA 20 Simple and Compound Interest / 1 Previous Problem Problem List Next Problem HW 20 Simple and Compound Interest: Problem 1 (10 points) (a) A $420 loan is taken out with a 3% simple annual interest rate for 11 years. Interest owed at the end of the loan: $ Total amount to repay after 11 years: $ (b) Theo invested $7700 in a savings bond. When it matured after 13 years, Theo cashed out the bond and received a total of $11453.75. The simple annual interest rate for Theo's bond: % (round to 2 decimal places) (c) Roxy borrowed money from her aunt 4 years ago. They agreed to a simple annual interest rate of 6% on the loan. Roxy is ready to pay back the loan and she has determined that she owes a total of $998.2 to her aunt. The amount Roxy originally borrowed (round to the nearest dollar): $ The total amount of interest that Roxy's aunt earns on the loan: $ (d) A $1250 deposit was made in an account that pays 3.7% simple annual interest. If the…

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Subject: accounting