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- PV Years Percent Compound FV $9,817.30 27 Weekly 14.59% O a. $288,108.80 O b. $501,663.75 O c. $439,829.35 O d. $48,490.59 thousand is:EOY 1 3 4 Cash $8,000 $15,000 $22,000| $29,000 $36,000 Flow What is the uniform annual equivalent if the interest rate is [ Select ] 12% per year? What is the future equivalent if the interest rate is 12% per [ Select ] year? What is the present equivalent if the interest rate is 12% per year? [ Select ]$7.60 fer harx 40 hours
- D Question 21 Based on your answer from question 20, how much life insurance do you need to purchase under desired income method? O $1,080,981.2 O $1,549,145.6 $2,400,912.4 O $2,040,816.3 2.5 ptsAllegience Insurance Company's management is considering an advertising program that would require an initial expenditure of $172,120 and bring in additional sales over the next five years. The projected additional sales revenue in year 1 is $79,000, with associated expenses of $27,000. The additional sales revenue and expenses from the advertising program are projected to increase by 10 percent each year. Allegience's tax rate is 30 percent. (Hint: The $172,120 advertising cost is an expense.) Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Required: 1. Compute the payback period for the advertising program. 2. Calculate the advertising program's net present value, assuming an after-tax hurdle rate of 10 percent. (Round your intermediate calculations and final answer to the nearest whole dollar.) 1. Payback period 2. Net present value yearsQuestion 5 Consider the following annual cash flows: 1 2 3 4 0 I------- -I----- ---I----- ----I-----------I-- 20k 20k 20k 25k Using a 8% interest rate, calculate a) Total future value. b) Total present value. 5 -I 30k
- Donald Simmons purchased a leather living room set for $5250, paying $750 down. The balance was financed for 19 equal monthly payments, and Donald agreed to pay a $612 finance charge. Using the annual percentage rate (APR) table, calculate the following. (Round all answers to the nearest hundredth.) 1. Amount financed: 2. Annual percentage rate (APR): $0 % ŚA 1 Credit Card Balance 2 3 4 Prime Rate APR 5 6 7 8 9 10 11 12 14.75% 15.24% 16.33% 17.24% 17.99% 18.25% 19.77% 20.22% $ B 15,000.00 VBA Function to Calculate Monthly Interest Payment CBha
- $120 $90 $60 $30 2- Assuming a 10% interest rate, find the value of E that makes the disbursements equivalent to the receipts (the overall worth sums to "Zero") in the following cash flow diagram. 0-1 E E E EE40 7 520,000 25 98,700 13 LO 1 8. Calculating Annuity Values For each of the following annuities, calculate the future value. Annual Payment Years Interest Rate $2,100 10 8% 6,500 40 1,100 9. 6 5,000 30 10Question 7 ✔) Listen You have just deposited X dollars in your bank account that pays interest of 22 percent p.a.You discover that at the end of one year you have $ 21,859 in the account. What was X, that is, the amount of money that you deposited today? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85). Your Answer: Answer Question 8 Listen You want to withdraw $ 23,714 from your account at the end of one year and $ 57,667 at the end of the second year. How much should you deposit in your account today so that you can make these withdrawals? Your account pays 5 percent p.a. (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85).
