THE MARKUP ON A NEW DIAMOND RING SHOULD BE 25% BASED ON THE SELLING PRICE. IF THE SELLER PAID $4,525.00 FOR ONE, THEN HOW MUCH SHOULD IT BE SOLD FOR TO ACHIEVE THE DESIRED MARKUP? A. $6,033.33 B. $4,550.00 C. $5,756.25 D. $5,000.00
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- Investment X offers to pay you $5,800 per year for eight years, whereas Investment Y offers to pay you $7,900 per year for five years. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.) Calculate the present value for Investment X and Y If the discount rate is 5%. Investment X Investment Y Present value Investment X Investment Y 14 Calculate the present value for Investment X and Y If the discount rate is 15%. Present value M PADevashi15.
- You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%? a. $1,245.61 Ob. $1,067.95 Oc$1,311.17 d. $1,124.16 Oe. $1,183.33What is the value today of $1,200 per year, at a discount rate of 9 percent, if the first payment is received 9 years from now and the last payment is received 25 years from today? Multiple Choice O O $5,006.15 $5,042.41 $5,145.31 $10,352.36 $2,805.56A buyer just made a $5,000 purchase that is payable in 50 days. Assuming the buyer’s opportunity cost of funds is 3.65%, calculate the present value cost of the purchase. PVcredit = $________
- If you invest $15,000 today, how much will you have in (for further instructions on future value in Excel, see Appendix C): A. 20 years at 22% B. 12 years at 10% C. 5 years at 14% D. 2 years at 7%15. You have some property for sale and have received two offers. The first offer is for $189,000 today in cash. The second offer is the payment of $100,000 today and an additional $100,000 two years from today. If the applicable discount rate is 8.75%, which offer should you accept and why? ● ● Notes: Interest rates are given as annual rates. If the payments are monthly, then the annual interest rate needs to be divided by 12 in order to get the rate per month. Use monthly rates in your calculations when the payments are monthly. Similarly, if the payments are monthly, then N is the number of months (not the number of years). Unless stated otherwise, assume that annuity payments occur at the end of the period (ordinary annuity) Upload an Excel, Word, or PDF file showing the answer and the supporting calculations. Clearly show your work with all steps included. If you are using mathematical formulas, write the formulas with all steps to get to the answer. If you are using a financial…The buyer of a certain machine may pay either P50k cash down payment & P10k annually for the next 6 years every beg’g of the year, or pay P60k cash & P10k annually for the next 5 years, 2 years after. If money is worth 12% compounded annually, what is the value of the 1st option? a). P69,047.762 b). P96,047.762 c). P66,047.762 d). P96,407.672
- Suppose you're offered the following two accounts to invest $10,000 for 5 years: 11% simple interest and 6% interest compounded monthly. Which is the best choice? Part: 0 / 3 Part 1 of 3 The future value of $10,000 using 11% simple interest is $ X Ś Round your answer to the nearest cent. Do not round any intermediate steps.The purchase of a new car requires P100,000 down payment and the balance to be paid at P300,000 after 2 years and P600,000 after 5 years. The rate of interest is 18% compounded monthly. a. Find the present worth of the car. b. Find the lump sum payment if the car is paid after 5 years. c. With a downpayment of P100,000 and monthly interest of 1.50%, find the monthly amortization for the 5 years.Lottery A pays $1,000 today and Lottery B pays $1,750 at the end of five years. If the discount rate is 5%, which lottery should you choose? ( Please show a detailed process) Lottery B, because its present value is $1,371 which is more than that of Lottery A. Lottery A, because its future value is $1,276. C.Lottery B, because it pays $1,750 which is more than $1,000 from Lottery A. Either option gives the same value over time.