Reference no: EM13752139
1. Trayne Rice has $3,000 to invest for three years. He wants to receive $5,000 at the end of the three years. What invest rate would his investment have to earn to achieve his goal? (Round to the nearest percent.)
a. 19%
b. 21%
c. 16%
d. 13%
2. Your mother is trying to choose one of the following bank CDs to deposit $10,000. Which one will have the highest future value if she plans to invest for three years?
a. 3.75% compounded annually.
b. 3.5% compounded daily
c. 3.4% compounded quarterly
d. 3.25% compounded monthly
3. Hassan Ali has made an investment that will pay him $11,455, $16,376, and $19,812 at the end of the next three years. His investment was to fetch him a return of 14 percent. What is the present value of these cash flows? (Round to the nearest dollar.)
a. $36,022
b. $41,675
c. $39,208
d. $33,124
4. Genaro needs to capture a return of 40 percent for his one-year investment in a property. He believes that he can sell the property at the end of the year for $150,000 and that the property will provide him with rental income of $25,000. What is the maximum amount that Genaro should be willing to pay for the property?
a. $112,500
b. $150,000
c. $125,000
d. $137,500
Prepare a schedule showing the cost of the land acquired
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Evaluate the factors that have affected women''s pay
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Present value of cash flows
: Hassan Ali has made an investment that will pay him $11,455, $16,376, and $19,812 at the end of the next three years. His investment was to fetch him a return of 14 percent. What is the present value of these cash flows? (Round to the nearest doll..
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