How long will it take $10,000 to reach $50,000 if it earns 10%

  1. How long will it take $10,000 to reach $50,000 if it earns 10% interest compounded semiannually?

a.)    17 years

b.)    33 years

c.)    16.5 years

d.)   8.5 years

    

  1. You require an 8% annual return on all investments. You will receive $1,000,

$2,000, and $3,000 respectively for the next three years (end of year) on a particular investment. What is the most you be willing to pay for this investment?

a.)    $5,022

b.)    $2,577

c.)    $6,000

d.)   $4,763

 

  1. Your partners have promised to give you $25,000 on your wedding day if you

Wait 10 years to get married. Your sister is getting married today. What amount should she receive in today’s dollars to match you gift? The appropriate discount rate is rate 12%.

a.)    $8,049

b.)    $10,000

c.)    $22,321

d.)   $25,000

 

  1. You want to start saving for retirement. If you deposit$2,000 each year at the end

Of  the next 60 years and earn 11% on the investment, how much will you have when you retire?

a.)    $792,000

b.)    $1,048,114

c.)    $9,510,132

d.)   $10,556,246

 

  1. What is the present value of a semi-annual ordinary annuity payment of $7,000

made for 12 years with a required annual return of 5%?

a.)    $65,145

b.)    $128,325

c.)    $125,195

d.)   $62,043

 

  1. You get a 25-year loan of $150,000 with a 8% annual interest rate. What are the

annual payments?

a.)    $14,052

b.)    $2,052

c.)    $13,965

d.)   $13,427

 

  1. Your grandmother is offered a series of $6,000 starting one year from today. The

Payments will be made at the end of each of the next 10 years. Similar risk investments are yielding 7%. What should she pay for the investment?

a.)    $60,000

b.)    $45,091

c.)    $42,141

d.)   $30,501

 

  1. Company XYZ purchased some machinery and gave a five-year note with a

Maturity value of $20,000. The discount rate is 8% annually and the interest is discounted monthly. How much did the company borrow?

a.)    $13,612

b.)    $13,424

c.)    $19,346

d.)   $12,000

 

  1. Your father loans you $12,000 to make it through your senior year. His

Repayment schedule requires payments of $1401.95 at the end of year the next 15 years. What interest rate is he charging you?

a.)    7.0%

b.)    7.5%

c.)    8.0%

d.)   8.5%

 

  1.  What is the future value of an annuity due if your required return is 10%, and

 Payments are $1,000 for 10 years?

a.)    $15,937

b.)    $16,145

c.)    $17,531

d.)   $11,000

 

  1. You deposit $10,000 in a bank and plan to keep it there for five years. The bank

Pay 8% annual interest compounded continuously. Calculate the future value at the end of five years.

a.)    $14,693

b.)    $15,000

c.)    $14,918

d.)   $14,500

 

  1. Calculate the present value of $100,000 received in six months. Use an annual

discount rate of 10%. Do not adjust the discount rate to a semi-annual rate. Keep it annual and adjust to the appropriate value.

a.)    $95,346

b.)    $56,447

c.)    $90,909

d.)   $100,000

  1.  You get a twenty-year amortized loan of $100,000 with a 5% annual interest rate.

 what are the annual payments?

a.)    $8,718

b.)    $37,689

c.)    $4,762

d.)   $8,024

 

  1.  What is the present value of $100,000 received in fifteen years with an annual

  Discount rate of 5% discounted monthly?

a.)    $25,000

b.)    $48,102

c.)    $47,310

d.)   $207,893

 

  1.  A gallon of milk cost $3.59 today. How much will it cost you to buy a gallon of

 milk for your grandchildren in 35 years if inflation averages 5% per year?

a.)    $3.77

b.)    $6.28

c.)    $12.34

d.)   $19.80

 

  1. You borrow $95,000 for 12 years at an annual rate of 12%. What are the monthly

Payments required to amortize this loan?

a.)    $1,248

b.)    $15,336

c.)    $11,400

d.)   $3,936

 

  1. As a gift from your parents, you just received $50,000 for your education for the

Next four years. You can earn an annual rate of 8% on your investments. How much can you withdraw each year (end of year) just using up the $50,000?

a.)    $12,000

b.)    $11,096

c.)    $11,750

d.)   $15,096

 

  1. You would like to retire on $1,000,000. You plan on a 7% annual investment rate

(3.5% semi-annually) and will put away $7,500twice a year at the end of each semi-annual period. How long before you can retire? Round to the nearest figure.

      a.) 51years

      b.) 25 years

      c.) 35 years

      d.) 66 years

 

  1. What is the present value of an annual annuity payment of $7,000 made for 12

Years with a required return of 5% with the first payment starting today?

a.)    $3,898

b.)    $65,145

c.)    $62,043

d.)   $11,200

 

  1. What a deal! Your new car only cost $28,300 after rebates and trade. If you

Finance it for 60 months at 6% annual interest, what will be you rmonthly payments?

a.)    $471.67

b.)    $544.40

c.)    $547.12

d.)   $1,751.08

 

      Essay. Write your answer in the space provided or on a separate sheet of paper.

 

  1. Sum the present values of the following cashflows to be received at the end of

each of the next six years $1,500, $3,500, $$3,750, $4,250, $5,000 when the discount rate is 4%.

 

  1. How long it will take for $2,500 to become $8,865 if it is deposited and earns 5% per year compounded annually? (Calculate to the closet year.)

 

  1. Company XYZ purchased equipment and gave a three-year note with maturity value of $12,006. The annual discount rate for the note was 14% discounted semi-annually. Calculate how much they borrowed.

 

  1. Calculate the resent value of each of the alternatives below, if the discount rate is 12%.

a.)    $45,000 today in one lump sum.

b.)    $70,000 paid to you in seven equal payments of $10,000 at the end of each of the next seven years.

c.)    $80,000 paid in one lump sum 7 years from now.

 

  1. A bank agrees to give you a loan of $12,000,000 and you have t pay $1,309,908

Per year for 26 years. What is your rate of interest? What would the payments be if this were a monthly payment loan?

 

 

 

 

     

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, our Acme Homework has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At Essay Writing Help, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: support@acmehomework.com.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Essay Writing Help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Essay Writing Services

At Essay Writing Help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.

Admissions

Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.

Editing

Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.

Coursework

Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.