The following graph shows the population of San Diego County from 1950 to 2000.+Population (1000)3000,250020001500100050050001940 1950 1960 1970 1980 1990 2000 2010Need Help?1000Read It13001800At what annual (simple interest) rater did the population of San Diego County increase from 1960 to 2000? (Round your answer to one decimal place.)%2500Watch It2800

A simple interest rate is an interest rate methodology that does not take into account the…

Answered: The following graph shows the…

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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Assume that you must estimate what the future value will be two years from today using the future value of 1 table. (PV of $1, EV of $1. PVA of $1, and FVA of $1) Which interest rate column and number-of-periods row do you use when working with the following rates? (Round percentage answers to 2 decimal places.) Answer is complete but not entirely correct. Number of Periods 1. 12% annual rate, compounded annually 2.8% annual rate, compounded semiannually 3. 12% annual rate, compounded quarterly 4. 12% annual rate, compounded monthly Interest Rate 12.00 2.00 3.00 1.00 % % % % 2 80 24
For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value $2,200 12 12 % 8,652 6 10 % 75,355 13 11 % 182,796 7 7 %
Use factors (from the tables) or a spreadsheet to determine the interest rate per period from the following equation: 0 = −40,000 + 8000(P/A,i*,8) + 8000(P/F,i*,10)
Use these present value tables to answer the question that follow. Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables above, what is the present value of $16,491.00 (rounded to the nearest dollar) to be received at the end of each of the next four years, assuming an earnings rate of 12%? a.$59,450 b.$16,491 c.$50,083 d.$39,611 Use these present value tables to answer the question that follow. Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a…
Attempt History Current Attempt in Progress Wildhorse Inc. is considering modernizing its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this investment: Cost Old Equipment Accumulated depreciation Remaining life Current salvage value Salvage value in 8 years Annual cash operating costs $80,240 $40,300 8 years $9,920 $0 $35,100 Cost New Equipment Estimated useful life Salvage value in 8 years Annual cash operating costs $38,000 8 years $4,800 $29,900 Depreciation is $10,030 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,800.
For each of the following, compute the present value: (Do not round Intermediate calculations and round your final answers to 2 decimal places.) 16 Present Value Years 3 Interest Rate 10 Future Value $ 14,451 41,557 876,073 540,164
For each of the following, compute the future value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g, 32.16.): Present Value Years Interest Rate Future Value 2,328 11 13 % 7.513 74,381 14 12 192.050 16
Find the rate percent for the following values. new amount $5; original amount $20 The rate percent is %. (Type an integer or a decimal.)
Complete the following table. Population Growth Rate, k Doubling Time, T Country A 1.5% per year Country B Population Growth Rate, k 58 years Doubling Time, T Country A 1.5% per year Country B % per year (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.) years 58 years

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