abPayment andfrequency(PMT)$252.92 at thebeginning of thequarter$3,562.47 permonth (end)CSper beginning ofthe yeard $400 per quarter(end)$2,500 at thebeginning ofevery 6 monthsTime in years8 years5 years and 6months8 yearsInterest rate andcompound frequency25 payments(I/Y)5% compoundedquarterly6% compoundedquarterly12% compoundedsemi-annually8.75 % compoundedyears annuallycompounded monthlyPresent Value(PV)Not Applicable$16,536.38Not Applicable$47,083.38Future Value(FV)Not ApplicableNot Applicable$7,525.10Not Applicable

Present value is a financial concept used to determine the current worth of future cash flows or…

b d Payment and Time in years frequency (PMT) $252.92 at the beginning of the quarter $3,562.47 per month (end) S per beginning of the year $400 per quarter (end) $2,500 at the beginning of every 6 months 8 years 5 years and 6 months 8 years years 25 payments Interest rate and compound frequency (LY) 5% compounded quarterly 6% compounded quarterly 12 % compounded semi-annually 8.75 % compounded annually % compounded monthly Present Value (PV) Not Applicable $16,536.38 Not Applicable $47,083.38 Future Value (FV) Not Applicable Not Applicable $7,525.10 Not Applicable

b d Payment and Time in years frequency (PMT) $252.92 at the beginning of the quarter $3,562.47 per month (end) S per beginning of the year $400 per quarter (end) $2,500 at the beginning of every 6 months 8 years 5 years and 6 months 8 years years 25 payments Interest rate and compound frequency (LY) 5% compounded quarterly 6% compounded quarterly 12 % compounded semi-annually 8.75 % compounded annually % compounded monthly Present Value (PV) Not Applicable $16,536.38 Not Applicable $47,083.38 Future Value (FV) Not Applicable Not Applicable $7,525.10 Not Applicable

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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What is the principle invested at %4.75 compounded semi annually from which monthly withdrawals of $420 can be made a. At the end of each month for 25 years b. At the beginning of each month for 15 years c. At the beginning of each month for 15 years but deferred for 12 years d. At end of each month in perpetuity e. At beginning of each month in perpetuity
G CIBC issued a loan of $76,000 at 8.37% compounded semi-annually. The loan was repaid by payments of $1,000 at the end of every month. a. How many payments were required to pay off the loan? (Enter a whole number) b. What was the total principal repaid in the 5th year? (Enter starting and ending periods as P1 and P2 and the total principal repaid as a positive value to the nearest cent.) PL= P2 Total principal repaid in the 5th year $ c. What was the size of the final payment? (Enter a positive value to the nearest cent) Next Question
A total of $66,000 is borrowed and repaid with 48 monthly payments, with the first payment occurring one month after receipt of the $66.000. The stated interest rate is 5.00% compounded quarterly. Part a What is the intereste rate per cash flow period (month)? Round entry to six decimal places. Tolerance is +0.0005. B.) What monthly payment is required?
3. Complete an amortization schedule for a $38,000 loan to be repaid in equal installments at the end of each of the next 3 years. The interest rate is 7% compounded annually. If an amount is zero, enter "0". Do not round intermediate calculations. Round your answers to the nearest cent. Beginning Balance $ % Interest Year 1 2 3 ɔ. What percentage of the payment represents interest and what percentage represents principal for each of the 3 years? Do not round intermediate calculations. Round your answers to two decimal places. % Principal Payment $ % % % % Interest $ % Repayment. of Principal $ Year 1: Year 2: Year 3: % Why do these percentages change over time? I. These percentages change over time because even though the total payment is constant the amount of interest paid each year is declining as the remaining or outstanding balance declines. Remaining Balance $ II. These percentages change over time because even though the total payment is constant the amount of interest paid…
Which of the following give the highest amount of interest for depositing the same amount of money for 2 years? 5% annual interest rate, no compounding ○ 4.94% annual interest rate, compounding semi-annually 4.92% annual interest rate, compounding monthly 4.9% annual interest rate, compounding daily 4.88% annual interest rate, compounding continuously
A loan of $245,000 is to be repaid in equal quarterly payments over a perioa of 6years. the interest rate is13.5% compounded quarterly, what is the amount of unpaid principal at the beginning of the third year?Oa. $183,825 b.$182,939c. $145,493 d. $240,916 e. $146,579
Using this table as needed, calculate the required information for the mortgage. Number Table Monthly Payment (in $) Term Total Amount Interest of $1,000s Financed of Loan Factor Interest Financed Rate (years) (in $) (in $) $74,500 8.00% 30 %24
James has a mortgage of $84,500 at 8% for 30 years. The property taxes are $3,700 per year, and the hazard insurance premium is $754.50 per year. Find the monthly PITI payment (in $). (Round your answer to the nearest cent. Use this table as needed.) $ LA Need Help? Read It Watch It Master It
11. Semiannualand other compounding periods Monthly compounding implies that interest is compounded 12 You have deposited $96,780 into an account that will earn an interest rate of 15% compounded semiannually. How much will you have in this account at the end of seven years? $266,381.54 $199,786.15 $293,019.69 times per year. $173,148.00
Find the future value for each of the following scenarios, where m is the periodic deposit and r is the interest rate. Future Value $50,000 7.8% $225,000 6.9% $200,000 6.5% $275,000 3.9% $125,000 5.2% r compounding frequency annually semiannually quarterly monthly weekly time in years 6 15 10 $ 11 $ 13 $ periodic deposit (m) $ interest earned
compounding time frequency in years annually $225,000 3.9% semiannually $275,000 4.9% Future Value $125,000 2% r $200,000 5.7% $250,000 3.7% quarterly monthly weekly 11 $ 10 12 6 9 $ periodic deposit (m) S ज S S interest earned
A series of equal semi-annual payments of $1,000 for 3 years is equivalent to what present amount at an interest rate of 12% compounded annually A $4,944 B) $2,402 $4,804 $4,111

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