What principal deposited 5 years ago will grow to $24,836.85 in 4 years and 5 months from now if money grows at 5.21% compounded quarterly? DO NOT ROUND INTERMEDIATE RESULTS. Report N accurate to at least 6 decimal places. Report PV and FV as positive values to the nearest cent. P/Y = C/Y = N = I/Y = PV = $ PMT = $ FV = $

What principal deposited 5 years ago will grow to $24,836.85 in 4 years and 5 months from now if money grows at 5.21% compounded quarterly? DO NOT ROUND INTERMEDIATE RESULTS. Report N accurate to at least 6 decimal places. Report PV and FV as positive values to the nearest cent. P/Y = C/Y = N = I/Y = PV = $ PMT = $ FV = $

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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Similar questions

If an investment of $1147.00 earned interest of $252.00 at 7.5% compounded quarterly, for how many years and months was the money invested? State youin years and months (from 0 to 11 months) Need only handwritten solution only (not typed one).
Complete the following using present value. (Use the Table 12.3.) Note: Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent. Amount desired at end of period $ 19,200 Length of time 4 years Rate Compounded 12% Quarterly On PV Table 12.3 Period used Rate used % PV factor used PV of amount desired at end of period
An investor deposits $100 into his credit union account that pays interest at the rate of 3.25% per year (payable at the end of each year). He leaves the money and all accrued interest in the account for 7 years. How much will he have at the end of the 7 years? What is the future value in SEVEN years if you receive $300 in two years and $500 at the end of five years? Assume an annual compound rate of 8.5%. What is the value of $2000after one year, if bank compounding half yearly and offered rate is 10%? What is the value of $2000 after one year if bank compounding quarterly and offered rate is 10%? What is the value of $2000after one year if bank compounding monthly and offered rate is 10%?
What payments must be made at the end of each quarter to an RRSP earning 7.5% compounded annually so that its value 8, years from now will be $15.000? (Do not round Intermedlate calculations and round your final answer to 2 declmal places.) PMT $. Prev 7 of 9 Next >
Consider the following asset with it's returns over the last 3 years. The arithmetic mean is 8% 1yr 2yr 3yr 8% 4% 6% What is the geometric mean? (Be sure to go out at least 4 decimal places.) Respuesta:
None
How much must be deposited at the beginning of each year in an account that pays 5%, compounded annually, so that the account will contain $32,000 at the end of 3 years? (Round your answer to the nearest cent.)
solution in excel
What amount of money invested today at 3.54% compounded monthly will have an accumulated value of $452,000 in 6 years from now. Round all answers to two decimal places if necessary. A P/Y = C/Y = N = I/Y = PMT = $ FV = $ PV = $
The past five monthly returns for Kohls are 3.80 percent, 4.27 percent, -1.94 percent, 9.38 percent, and -2.82 percent. What is the average monthly return? Note: Round your answer to 3 decimal places. Average return I%
Complete the table by finding the balance A when $18,000 is invested at rate r for t years, compounded continuously. (Round your answers to two decimal places.) r = 8% t 10 20 30 40 50 A $ $ $ $ $
Determine how much is in each account on the basis of the indicated compounding after the specified years have passed; P is the initial principal, and r is the annual rate given as a percent. (Round your answers to the nearest cent.) P = $7200 and r = 5.9%, compounded annually (a) after 6 years $ (b) after 9 years $ (c) after 14 years $ (d) after 35 years

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