Thank you so much! Nelson invested $100 at 5% interest compounded annually. Which of thefollowing data tables describes Nelson's investment?Table ATable BTable CTimeAmountTimeAmountTimeAmount(years)(dollars)(years)(dollars)(years)(dollars)0.10010010011051105.051105110110.102110.2531153115.153.115.7641204120.204121.55 Nelson invested $100 at 5% interest compounded annually. Which of thefollowing data tables describes Nelson's investment?Table ATable BTable CTimeAmountTimeAmountTimeAmount(years)(dollars)(years)(dollars)(years)(dollars)0.10010010011051105.051105110110.102110.2531153115.153.115.7641204120.204121.55

Future Value = Present Value * (1+r)^n Where,r = rate of interest per periodn = no. of compounding periodThe correct answer is TABLE C

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Nelson invested $100 at 5% interest compounded annually. Which of the following data tables describes Nelson's investment? Table A Table B Table C Time Amount Time Amount Time Amount (years) (dollars) (years) (dollars) (years) (dollars) 100 100 100 1 105 1 105.05 105 2. 110 110.10 2 110.25 3 115 115.15 3 115.76 4 120 120.20 4 121.55 2 3 4

Nelson invested $100 at 5% interest compounded annually. Which of the following data tables describes Nelson's investment? Table A Table B Table C Time Amount Time Amount Time Amount (years) (dollars) (years) (dollars) (years) (dollars) 100 100 100 1 105 1 105.05 105 2. 110 110.10 2 110.25 3 115 115.15 3 115.76 4 120 120.20 4 121.55 2 3 4

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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Required information Important Note! Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. [The following information applies to the questions displayed below.] ** Ramer and Knox began a partnership by investing $68,000 and $102,000, respectively. During its first year, the partnership earned $205,000. Prepare calculations showing how the $205,000 income is allocated under each separate plan for sharing Income and loss. Important Notel Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. 1. The partners did not agree on a plan, and therefore share Income equally Ramer Knox Show Transcribed Text
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II. Instead of buying insurance for retirement, you decided to set aside some savings in the bank. You believe that saving money in the bank is safer and more convenient than buying insurance. A)IfyouinvestOMR15,000nowat10%compoundedannually,howmuchwillbeinyouraccount after 20 years? B)IfyouinvestOMR15,000nowat10%compoundedquarterly,howmuchwillbeinyouraccount after 20 years? C)Discussthefactorswhatwillincreasethefuturevalueoftheamount.

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