Q1. Suppose a man receives an initial annual salary of 60,000Php, increasing at the rate of 5,000Php a year. If money is worth 10%, determine his equivalent salary for a period of 8 years. Answer: A = 75,022.39Php
Q: Based off the solution provided below. I am not sure how to process this problem
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A: Hi student Since there are multiple questions, we will answer only first question.
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- Suppose you earned a $445,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years? Select the correct answer. a. $46,164.70 b. $46,170.70 c. $46,161.70 d. $46,167.70 e. $46,173.70An investor is considering two investment projects. Project A requires an initial payment of £16,000. In return, the investor will receive a payment of £19,200 after one year. Project B requires an initial payment of £10,000. In return, the investor will receive a payment of £1,010 at the end of every month for one year. Calculate the cross-over rate of the projects 数字 Enter a percentage correct to 1 decimal place. % What is the payback period of each project? Project A: 12 Project B: 10 months monthsAn investor is considering two investment projects. Project A requires an initial payment of £19,000. In return, the investor will receive a payment of £27,100 after one year. Project B requires an initial payment of £10,800. In return, the investor will receive a payment of £1,490 at the end of every month for one year. Calculate the cross-over rate of the projects 数字 Enter a percentage correct to 1 decimal place. %
- Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent. $11,000 for 7 months; money earns 5% A. $10,688.26 B. $10,731.71 C. $311.74 D. $10,476.1923. A person wins Euro Dreams, a lottery that pays 20.000 € per month for 30 years. If the current annual effective rate is 6%, what is the present value of his winnings? (consider the payments at the end of each period)How much would you invest today in order to receive $30,000 in each of the following (for further Instructions on present value In Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at 15% D. 19 years at 18%
- Assume you make $86,000 a year. The rate of inflation is currently 4%. What would your salary need to be in order to compensate for inflation? Question 1 options: a) $102,000 b) $89,440 c) 80,000 d) $3440Need answer.Q4. You are saving for a new house and you put $10,000 per year in an account paying 8%. The first payment is made today. How much will you have at the end of 3 years? A) S66.326 B) S65.593 C) $63.452 D) S63.359
- Suppose you earned a $273,000 bonus this year and invested it at 8.20% per year. How much could you withdraw at the end of each of the next 20 years? Group of answer choices $29,648 $32,703 $31,146 $34,370 $28,221pm.3 You have S81, 455.75 in a brokerage account, and you plan to deposit an additional $22,000 at the end of each future year until your account reaches $500,000 . You expect to earn 9% annually on the account. How long will ittake to reach your goal?Q1. You have been told that you need $x today in order to have $100,000 when you retire 20 years from now. The annual interest rate is 5% on average. Computex. Answer Q2. You plan to make a $40,000 contribution to your individual retirement account, at 3.5 percent per year on average. Compute how much it will be worth if you deposit it for 25 years. Answer Q3. Repeat Q1-Q2, when the interest rate is being componded every SIX MONTHS (or SEMIANNUALLY). Answer Q4. Erica is purchasing a financial instrument that will pay $5,000 a year for seven years, at the end of every year. How much should she pay for this investment today if she wishes to earn a 12 percent rate of return? Answer Q5. Repeat Q5, when you are committed to making contributions at the beginning of every year. Answer Q6. Solve for x: Jane recently purchased a new home with a mortgage of $x. She financed it at 6.6 percent interest with annual installments of $36,000 for thirty years. Answer Q7. Solve for x: Jane recently…
