If you planning to invest some funds in the following manner; K20,000 at the end year 1,K30,000 at the end of year 2 and K10,000 at the end of year 3.How much would this account have at the end of year 4 assuming the funds earn interest of 12% compounded per annum You have inherited two endowment funds from your grandfather. One fund will pay K30, 000.00 annually indefinitely, while the other fund will pay K12, 000 annually for 20years.The insurance company has offered to buy this fund from you. Calculate the combined market value on such fund if interest were 18% in the market. An investment company offers an account which requires a one off investment of K18, 000.00 and grows to K237, 870.00 in 12 years time. Find the interest rate that the investment is offering
If you planning to invest some funds in the following manner; K20,000 at the end year 1,K30,000 at the end of year 2 and K10,000 at the end of year 3.How much would this account have at the end of year 4 assuming the funds earn interest of 12% compounded per annum You have inherited two endowment funds from your grandfather. One fund will pay K30, 000.00 annually indefinitely, while the other fund will pay K12, 000 annually for 20years.The insurance company has offered to buy this fund from you. Calculate the combined market value on such fund if interest were 18% in the market. An investment company offers an account which requires a one off investment of K18, 000.00 and grows to K237, 870.00 in 12 years time. Find the interest rate that the investment is offering
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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QUESTION 2
- If you planning to invest some funds in the following manner; K20,000 at the end year 1,K30,000 at the end of year 2 and K10,000 at the end of year 3.How much would this account have at the end of year 4 assuming the funds earn interest of 12% compounded per annum
- You have inherited two endowment funds from your grandfather. One fund will pay K30, 000.00 annually indefinitely, while the other fund will pay K12, 000 annually for 20years.The insurance company has offered to buy this fund from you. Calculate the combined market value on such fund if interest were 18% in the market.
- An investment company offers an account which requires a one off investment of K18, 000.00 and grows to K237, 870.00 in 12 years time. Find the interest rate that the investment is offering
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