Reference no: EM132691074
1) If I deposit $11,000 in a bank account that pays interest of 2%, compounded annually, how much will I have in the account after 10 years?
2) If I deposit $11,000 in a bank account that pays simple interest of 2%, how much will I have in the account after 10 years?
3) How would you explain the difference in the answers to the previous two problems, given that both banks pay interest at the same rate? Be specific.
4) If you deposited $775 at 12% interest, what would you end up with at the end of 12 years if it was compounded annually?
5) What would the present value be of $1,000 to be received 8 years from now discounted back at 3%?
6) Craig, who recently sold his Porsche, placed $10,000 in a savings account paying annual compound interest of 6%
a) Calculate the amount of money that will have accrued if he leaves the money in the bank for 1, 5 and 15 years.
b) Calculate the amount of money that will have accrued if the interest rate changed to 7.5% and paid only simple interest for 1, 5 and 15 years.
c) After your calculations did compound or simple interest gain more money in years 1, 5, 15?
7) Nolan Arenado hit 37 homeruns for the Colorado Rockies in 2017. If his homerun output grew at a rate of 12% per year, what would it be over each of the following 5 years?
What is the value per share of firm b after the acquisition
: Firm B has 1,200 shares of stock outstanding at a price of $30 a share. What is the value per share of Firm B after the acquisition?
|
Actual cost of the acquisition using company stock
: Firm Y has 1,200 shares of stock outstanding at a price of $40 a share. What is the actual cost of the acquisition using company stock?
|
Compute the depletion and depreciation
: During 2018, five buildings were constructed near the mine site to house the mine workers and their families. Compute the depletion and depreciation
|
Explain information security standard or compliance law
: Decide on an Information Security Standard or Compliance Law that is applicable to your fictional organization that is just big enough to have a Chief.
|
Calculate the amount of money
: If I deposit $11,000 in a bank account that pays interest of 2%, compounded annually, how much will I have in the account after 10 years?
|
What are some of the advantages that oo databases offer
: A few weeks ago, many of you completed your research projects on NoSQL, open source, or OO databases. What are some of the advantages that OO Databases offer.
|
What is the price paid for the merger by krystal
: Krystal's is buying Carsen's Centre, Inc. and have recorded a goodwill of $1.57 million as a result of the acquisition. What is the price paid for the merger by
|
Make journal entries to record the initial sale transaction
: Make journal entries to record the initial sale transaction and each payment on the books of Omega, assuming that the market interest rate is 4%
|
What is the value of firm ab
: The incremental value of the proposed acquisition is estimated at $80,000. What is the value of firm AB if the merger is an all stock deal?
|