You will deposit $5,000 today. It will grow for 9 years at 12% interest compounded semiannually. You will then withdraw the funds annually over the next 7 years. The annual interest rate is 10%. Your annual withdrawal will be: Use Appendix A and Appendix D. (Round "PV Factor" and "FV Factor" to 3 decimal places.) Multiple Choice O O $6,178 $1,504 $4,186 $2,931

You will deposit $5,000 today. It will grow for 9 years at 12% interest compounded semiannually. You will then withdraw the funds annually over the next 7 years. The annual interest rate is 10%. Your annual withdrawal will be: Use Appendix A and Appendix D. (Round "PV Factor" and "FV Factor" to 3 decimal places.) Multiple Choice O O $6,178 $1,504 $4,186 $2,931

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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Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded vwith the same frequency as the deposits. (Round your answer to the nearest cent.) Amount of Deposit Frequency Rate Time $100 monthly 6 yr Need Help? Read it Master Talk toa Tutor Watch t
You purchased an annuity in which you deposit $100 a week at a fixed rate of 4% interest. What formula would you use to calculate its value at the end of 10 years? a = PMT(04/12, 12 120, 100) b. = FV * (04/12, 520, 100) c. = FV (.04/12, 10 * 52, -100) d = PMT(04/12, 12 120,,100)
Please answer fast i give you upvote.
K a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit $? at the end of every three months Rate 2.5% compounded quarterly Click the icon to view some finance formulas. Time 4 years Financial Goal $20,000 a. The periodic deposit is $18119 (Do not round until the final answer. Then round up to the nearest dollar as needed.) b. $18119 of the $20,000 comes from deposits and comes from interest. (Use the answer from part (a) to find these answers. Round to the nearest dollar as needed.)
Economics You deposit $2,000 one year and $1000 next year starting year 1 until year 30 with an interest rate of 5% one year and 7% other year. How much money will you have at the end of year thirty if there are different interest rates after year 30 as shown in the diagram below? 1 2 3 26 27 28 29 30 5% 7% 5% 7% 5% 7% 5% %7 F? 2000 1000 2000 1000 1000 2000 1000 2000 1000 Select one: O a. 117724 O b. 90000 O c. 120408 O d. 106141 O e. 18050
If you put up $28,000 today in exchange for a 8.75 percent, 19-year annuity, what will the annual cash flow be? Multiple Choice O O O о $3,292.06 $1,473.68 $3,074.66 $6,805.29 $2,863.34
Assume you plan to borrow $400,000 from your bank to buy a home. The bank offers: a 5-year fixed rate of 6.05 %, compounded monthly. a 3-year fixed rate of 5.75 %, compounded monthly. If you choose to repay the borrowing in equal installments monthly over a 20 years, what would be the difference between your monthly payments at the two different APRs? a. $68.94 b. $154.58 c. $26.98 d. $89.32
Its one question only ple do both parts
Give me right solution according to the question options also given A person deposits $150 per month into a savings account for 2 years. if $75 is withdrawn in months 5,7 and 8 (in addition to the deposits), construct the cash flow diagram to determine how much will be in the account after 2 years at i=8% per year, compound quarterly. Assume there is no interperiod interest. A. $ 2,045 B. $3609 C. $3090 D. $4050
You are to make monthly deposits of $825 into a retirement account that pays an APR of9.7 percent compounded monthly.If your first deposit will be made one month from now, how large will your retirementaccount be in 32 years? (Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)
You are evaluating two different machines. - Machine A costs $1,000,000, has a three-year life with expected salvage value in three years of $448,000, and has pre-tax operating costs of $150,000 per year. - Machine B costs $1,200,000, has a five-year life with expected salvage value in five years of $344,064, and has pre -tax operating costs of $200,000 per year. - Both machines are in Class 8 (CCA rate of 20 percent per year). - If your tax rate is 40 percent and your discount rate is 10 percent, compute the EAC (equivalent annual cost) for both machines. Which do you prefer?

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