regular, fixed annual payments of $67,000.00 to Ralph with the first of these payments made to Ralph in 1 year from today and the last of these annu payments made to Ralph in 5 years from today. The expected return for the investment is 11 percent per year. What is X, the amount of the special p that will be made to Ralph in 2 years? O $16,664.22 (plus or minus 10 dollars) O $20,531.99 (plus or minus 10 dollars) O $12,184.74 (plus or minus 10 dollars) O $74,370.00 (plus or minus 10 dollars) O none of the answers are within 10 dollars of the correct answer

regular, fixed annual payments of $67,000.00 to Ralph with the first of these payments made to Ralph in 1 year from today and the last of these annu payments made to Ralph in 5 years from today. The expected return for the investment is 11 percent per year. What is X, the amount of the special p that will be made to Ralph in 2 years? O $16,664.22 (plus or minus 10 dollars) O $20,531.99 (plus or minus 10 dollars) O $12,184.74 (plus or minus 10 dollars) O $74,370.00 (plus or minus 10 dollars) O none of the answers are within 10 dollars of the correct answer

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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QID 204. 8 years from now you will need $750,000 to renovate a rental property. At an interest rate of 9% per year, compounded semiannually, what is the uniform amount you must deposit every 6 months so that $750,000 will be available 8 years from? (Round answer to nearest dollar.) I
You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) Matt agreed to make two payments - a payment of $2,000 due in nine months and a payment of $1,500 in a year.If Matt makes a payment of $1,800 now, when should he make a second payment of $1,700 if money is worth 8% compounded quarterly?
John takes out a loan for $9600 at 10% interest compounded monthly and is making payments of $136 a month. Calculate his remaining balance after 12 months. John's balance due after 12 months will be $ Time Value of Money Solver Enter the given values. N: = 0 Number of Payment Periods 1:%= 0 Annual Interest Rate as a Percent PV: = Present Value. 0 PMT: = 0 Payment FV: == Future Value P/Y: 12 O Payments per Year C/Y: 0 12 0 Compounding Periods per Year PMT: = END Solve Solve Solve Solve Solve
1.A person buys a piece of lot P300,000 downpayment and 8 deferred quarterly payments of P8,000 each, starting 3 years from now . What is the present value of the investment if the rate is 12% compounded quarterly? 2. Mr Dela Cruz is left with an inheritance from his father. He has an option to receive P2.5 M at the end of 10 years, however he wishes to receive the money at the end of each year for 6 years. If interest rate is 8% how much would he receive every year?
Answer the questions ASAP.
Vv. Mary will receive $12,000 per year for the next 10 years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent? Assume that payments come at the end of each year. O $235,855 O $75,939 O $210,585 O $67,803
Acouplewouldliketohave$150,000attheendof7 1/2 years. They can invest $25,000 now and make additional contributions at the end of each month over the 7 1/2 years. If the investment earns 7.2% compounded monthly, what size payments will enable them to reach their goal? Round your answer to the nearest cent.
Give me answer within 45 min please I will give you upvote its very urgent ....thankyou...
A) If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual payments of P1000 each, the first of which is due at the end of 4 ½ years? B) Jessica buys a piece of lot P200,000 downpayment and 8 deferred quarterly payments of P8,000 each, starting 3 years from now . What is the present value of the investment if the rate is 12% compounded quarterly ?
Live Forever Life Insurancce Co. is selling a perpetuity contract that pays $1,400 monthly. The contract currently sells for $215,000. What is the monthly return on this investment vehicle? What is the APR? The effective annual return?
Bill is considering investing $450 at the end of each month in a fixed incone instrument. He will receive $27,000 at the end of four years. If interest is compounded monthly, what is the effective annual rate of return on the investment. A. 22.3% B. 15.1 % C. 11.6 % D. 11.1 % E. 13.6 %
am. 113.

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