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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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 $ 18,500 Length of time 5 years Rate Compounded 8 % Quarterly On PV Table 12.3 Period used Rate used % PV factor used PV of amount desired at end of period
Consider the problem below... Find the accumulated balance after 3 years when $6500 is deposited into an account that compounds monthly with an APR of 4% compounding monthly. Match the values given in the problem with the correct notation. Question 2 options: 1234 0.04 1234 3 1234 12 1234 6500 1. P 2. APR 3. n 4. Y
< A debt of $7931 23 is repaid by payments of $1129.24 in 7 months, $1229.85 in 15 months, and a final payment in 23 months. If interest was 9% compounded annually, what was the amount of the final payment? The final payment is $☐ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Nihad has $27,910 in his savings account and wants this to accumulate to $100,000 for a condominium down payment. Suppose he plans to make deposits of $1,250 at the beginning of every three months into this account which earns 3.57% compounded semi-annually. How long will it take to accumulate the $100,000? Choose calculator mode: BGN Enter the future value as a positive value in the FV box below. Enter PV and PMT as positive or negative values based on FV being positive. Report N as a whole number. P/Y = 4 C/Y = 2 N= I/Y = 3.57 PV = $ -27,910 PMT= $ -1,250 FV = $ 100,000 Report your answer in years and months as whole numbers below. Your answer must be consistent with the value of N you entered above whether correct or incorrect. This question will be marked
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
7) the math of interest. please indicate if you are unsure or totally sure about the answer
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 >
Scheduled payments of $890 due today, $525 due in 15 months, and $555 due in 33 months are to be replaced by a single equivalent amount paid at the focal date of 6 months from today. Money earns 11.1% compounded quarterly. Using P/Y=C/Y=4 and PMT=0, determine the economically equivalent value for each amount at the focal date and enter the values in the blanks. In your rough work, it may be helpful to draw a timeline with the appropriate focal date for the unknown amount. Round dollar values to 2 decimal places. Moving $890 due today to the focal date: A PV = N= A FV= Moving $525 due in 15 months to the focal date: N = A/ PV = Moving $555 due in 33 months to the focal date: N = A/ PV = The single amount at the focal date is = A FV= A FV = A/ A A/
None
An investments account offers a 12% annual return. If $35,000 is placed in the account for two years, by how much will the investment grow if interest is compounded (a) annually, (b) semiannually. (c) quarterly, or (d) monthly? Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. (FV of $1, PV of $1, FVA of $1, and PVA of $1) Initial Investment Annual Rate Interest Compounded Period Invested Future Value a. $ 35,000 12% Annually 2 years ped b. 35,000 12% Semiannually 2 years C. 35,000 12% Quarterly 2 years ook d. 35,000 12% Monthly 2 years nt
An estimate has the following cost and revenue cash flows. The cash flows are assumed to occur at the end of the year. (a) If interest is 10%, find the net present worth, net future worth, and net annual equivalentworth.(b) Find the rate of return. (Hint: The guessing range is 25 to 30%).(c) Present a summary of the four methods Year Cost Revenue 0 $800 $0 1 - $450 2 - $425 3 - $400
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 = $

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