Answered: Suppose you deposit $10,000 on March…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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B 2. Deposits of $6000 are made every 6 months into a fund starting today and continuing until 10 deposits have been made. Six months after the last deposit, there is $70 630 in the fund. What nominal rate of interest, j2, do the deposits earn?
You arc making $5.000 monthly deposits into a fund that pays inte rest at a rate of 6% compounded momhly. What would be the balance at the end of 15 years? Pls make a cashflow diagram. (a) $1,063,879 (b) $1.358.169 ( c) $ 1,452,053 (cl) $1.459,423
You invest $1500 today and another $2000 18-months from today in a fund earning j4 = 8% for the first 18 months followed by j2 = 6% thereafter. How much do you have at the end of 4 years? A. $4274.59 B. $4276.84 C. $4007.79 D. $4377.73
Assume you invest $1 000 at the end of this year, at the end of the second year, and at the end of the third year. How much will you have at the end of the fourth year if interest rates are 5% p.a.? Select one: a. $3,405.54 b. $3,310.12 c. $3,215.41 d. $3,100,21
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You deposit the following at the end of each year into a growth mutualfund that earns 11 percent per year:Year Deposit ($)1 4,0002 3,5003 2,5004 2,0005 1,700 ======== $13,700a. How much should the fund be worth at the end of 5 years?b. How much interest have you earned in total?
A fund is created by making equal monthly deposits of P4,000 at 9% converted monthly for half a year. Find the following: 1. the sum after half a year2. periodic depositChoices a. 0.75b. 0.0075c. 6d. 1/2e. P24, 454.53f. P16, 180.90g. P4,000.00
28. You plan to make 40-quarterly deposits into a fund in order to have $10,000 at the end of 10 years. Consider the following 3 cases: Deposit SR, starting today; earn j4 = x% Deposit $R starting 3-months from today; earn ja = x% Deposit $Rm starting 3-months from today; earn j12 = x% Which of the following is true? (1) (II) (III) (A) R₁ > Ru; Rn Ru Rn > Rm (D) R₁ Rm
What is the future value of a stream of $800 cash receipts, each to be received at the end of the next four years, with 10% annual compounding interest rate? Group of answer choices a. $4,084.08 b. $3,712.80c. $2,789.48 d. $2,535.89
Please find attached the Chap 2-Problem 177 in Principles of Engineering Economic Analysis, White, 6e
You invested $11,500 at the end of each quarter for 6 years in an investment fund. At the end of year 6, if the balance in the fund was $291,000, what was the nominal interest rate compounded quarterly? 0.00 % Round to two decimal places SUBMIT QUESTION SU SAVE PROGRESS F
You invest $1500 today and another $2000 18-months from today in a fund earning j4 = 8% for the first 18 months followed by j₂ = 6% thereafter. How much do you have at the end of 4 years? OA. $4007.79 OB. $4377.73 OC. $4274.59 OD. $4276.84 27

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Suppose you deposit​ $10,000 on March 21 in a fund earning simple interest at r​ = 13%. How much will you have exactly 6 months​ later? A. ​$10,655.34 B. ​$10,650.00 C. ​$10,664.44 D. ​$10,658.91

Suppose you deposit $10,000 on March 21 in a fund earning simple interest at r = 13%. How much will you have exactly 6 months later? A. $10,655.34 B. $10,650.00 C. $10,664.44 D. $10,658.91