uestion 1: Solve the following TVM problems using Excel formulas. You MUST use Excel formulas (FV or PV) to receive credit.ou can assume that all payments are made at the beginning of the period and use "1" for the "type" argument in the formula.A. Suppose you invest11,400 today. What is the future value of the investment in29 years, if interest at7% is compounded annually?B. Suppose you invest$ 11,400 today. What is the future value of the investment in29 years, if interest at7% is compounded quarterly?C. Suppose you invest$570 monthly. What is the future value of the investment in2929years, if interest at+5% is compounded monthly?56781920212223242526272829Question 1Question 2+Ready Accessibility: InvestigateMAR17A国WX

a. Future value$ 81,102.53b. Future value$ 85,289.85c. Future value$ 444,644.11Explanation:The above…

Answered: uestion 1: Solve the following TVM…

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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Using the image attached to answer the following questions. 4) Suppose you invest $14,500 some place with continuous compounding at a 6.5% interest rate for 10 years. How much money will you have? (2 decimal places) 5) Suppose you have $3800 that you invest at a 5% interest rate compounded continuously for 35 years. How much money will you have? (2 decimal places) 6) F(4) = 183.07 when r = 0.04 for the function f(t) = pe^rt, then what is the approximate value of P?
For question 1 parts a,b,c below, show all work that justifies your results. You will show how to use series to compare values of payments over time with a lump sum payment today. The value of future payments in terms of today's dollars is known as the present value of those payments. 1. a. What is the present value formula if annual payments of C dollars continue indefinitely, assuming an average annual interest rate r? Write the answer as a series using summation notation b. Rewrite the summation formula found in part a. as a geometric series, and then find the sum. The answer will be a fraction containing C and r. c. For annuities with a present value of $1 million, calculate the annual payouts given over 25 years assuming interest rates of 1%, 5%, and 10%. Use the formula you obtained in part b. There are three answers- one for each rate, measured in dollars. Round each answer to the nearest cent.
7. You borrow $100,000 for the purchase of an automation system in your company. The payments at 6% is $7,265 per year for 30 years. You decide that you can afford to pay $9,000 every year instead of $7,265. How long will it take to pay off this loan? Do not use excel, please work the problem out, and include cashflow diagram if possible.
This is a loan problem with multiple parts please read and answer questions carefully.
ind the future value of the following annuities. The first payment in these annuities is made at the end of Year 1, so they are ordinary annuities. (Notes: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in many situations, to see how changes in input variables affect the output variable. Also, note that you can leave values in the TVM register, switch to Begin Mode, press FV, and find the FV of the annuity due.) Do not round intermediate calculations. Round your answers to the nearest cent. $800 per year for 10 years at 12%. $ $400 per year for 5 years at 6%. $ $800 per year for 5 years at 0%. $ Now rework parts a, b, and c assuming that payments are made…
What is the excel function and formula for this question? Off-The-Books Investment Firm, LLC, has offered you an investment it says will return to you $20,000 in 2 years. To get in, you'll need to make a $10,000 deposit to their receivables account and promise not to tell anyone about it. What is the annual return on this investment?
Please solve very soon completely
How in the world do I solve this one with my HP 10bll calculator? Do I use IRR/YR? What do I use? I feel like I am missing information
Example : You want to buy a $18,500 car. The company is offering a 3% interest rate for 4 years. What will your monthly payments be? I will do this one for you and show you how I want you to describe your formula/inputs in excel if that is how you choose to go about solving problems 2 through 5 - which I strongly recommend. If you choose to perform the calculations by hand show the formula used with values. Excel: Formula used: PMT Rate input: .03/12 NPer input: 4*12 Pv input: 18500 Answer : $409.49 per month 2. You want to buy a $22,500 car. The company is offering a 4% interest rate for 5 years. a.What will your monthly payments be? Round to the nearest cent .b. Assuming you pay that monthly amount for the entire 5 years, what is the total amount of money you will pay during those 5 years for the car? c.How much interest will you pay during those 5 years?
These are TVM questions Answer the following questions and use the excel finance function to answer the questions. show the excel equation. 1. Payday loans are very short-term loans that charge very high interest rates. You can borrow $500 today and repay $575 in two weeks. What is the compound annual rate implied by this 15 percent rate charged for only two weeks? 2. Payday loans are very short-term loans that charge very high interest rates. You can borrow $200 today and repay $225 in two weeks. What is the compound annual rate implied by this 12.5 percent rate charged for only two weeks? 3. What is the interest rate of a 4-year, annual $1,000 annuity with present value of $3,500? 4. Mr. Jones decides to purchase a car for $10,000. The dealer offers to finance the car at 8% interest over a 4 year period. What is the payment amount that Mr. Jones would be expected to pay? 5. You wish to buy a $20,000 car. The dealer offers you a 5-year loan with a 5…
Waiting periods. Fill in the number of periods for the following table,, using one of the three methods below: In (FV/PV) In (1 + r) a. Use the waiting period formula, n = b. Use the TVM keys from a calculator. c. Use the TVM function in a spreadsheet. Present Value 760.13 Future Value $ 1,585.01 Interest Rate 3% Number of Periods years (Round to the nearest whole number.)
ou have discovered an investment opportunity that earns a 3% rate of interest compounded semiannually. What amount should you deposit today to have $7000 in three years? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary calculations, and round your final answer to the nearest dollar.) $6400 $6370 $6406 $6402

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