If you currently earn $50,000 and inflation continues at 4 percent for 10 years, how much must you make to maintain your purchasing power?
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- (Present-value comparison) You are offered $100,000 today or $340,000 in 15 years. Assuming that you can earn 14 percent on your money, which should you choose?three years ago, you purchased a $7000 bind with 3% annual cupon payments for $6769. If the current YTM is 3%, what price would you expect to sell it for today?If you are considering the purchase of a consol that pays $60 per year forever, and the rate of interest you want to earn is 10% per year, how much money should you pay for the consol?
- You are offered $90000 today or $380000 in 10 years. Assuming that you can earn 15 percent on your money, which should you choose? If you are offered $380000 in 10 years and you can earn 15 percent on your money, what is the present value of $380006?If a person spends $10 a week on coffee (assume $500 a year), what would be the future value of that amount over 10 years if the funds were deposited in an account earning 4 percent?1) The buyer of a lot pays ₽10,000 every month for 10 years. If the money is 8% compounded annually, how much is the cash value of the lot?
- Please solve asapThe annual income from an apartment house is $20,000. The annual expense is estimated to be $2000. If the apartment house can be sold for $100,000 at the end of 10 years, how much should you be willing to pay for it now, with a required return of 10%?Suppose you save $4,000 per year at the beginning of each year for 3 years and earn 5% interest per year. How much will you have at the end of 3 years? Suppose you save $4,000 per year at the beginning of each year for 10 years and earn 8.5% interest per year. How much will you have at the end of 10 years? NOTE:DONOT SOLOVE ON EXCEL
- you want to have $10,000 in 5 years and can earn 3.2% annually. How much must you deposit today to achieve your goal?You anticipate an improvement on your property will require replacement in 9 years. How should rent be increased each year to cover $45,000 which you expect to cost assuming 9.7% interest?When you retire, you plan to draw $50,000 per year from your retirement accounts, which will be earning 3% per year. (Include dollars and cents in your answers.) If you wish to do that for 10 years starting one year after you retire, what does the balance in your retirement account have to be when you retire? If the account will be earning 6% per year, and you wish to do that for 10 years starting one year after you retire, what does the balance in your retirement account have to be when you retire? If the account will be earning 3% per year, and you wish to do that for 20 years starting on the day you retire, what does the balance in your retirement account have to be when you retire?