You have obtained a seven year 8 percent loan with a bank

Reference no: EM13396752

1.Calculate future value of $5,600 received today and deposited at 9 percent for three years.

2.Calculate the present value of $90,000 to be received in 15 years, assuming an opportunity cost of 14%.

3.Calculate the present value of a $10,000 perpetuity at a 8% discount rate.

4.You have obtained a seven year, 8 percent loan with a bank requiring annual end of year payments of $960.43. Calculate the original principal amount.

5.Calculate the future value of an annuity of $5,000 each year for eight years, deposited at 6 percent.

6.Calculate the future value of an annuity of $5,000 each year for eight years, deposited at 6%.

7.A deep discount bond can be purchased for $312 and in 20 years it will be worth $1,000. What is the rate of interest on the bond?

8.You have borrowed $25,000 from the bank at 15 percent to be repaid in 10 equal annual installments. Calculate the end of year payment.

Reference no: EM13396752

Questions Cloud

The dialysis tubing employed in this experiment represents : the dialysis tubing used in this experiment represents a cellular membrane. knowing this discuss what properties of the

Wal-mart stirs a lot of emotions from many people : wal-mart stirs a lot of emotions from many people. peopleeither love or hate the store and its influence has

Part of the business strategy you are considering involves : part of a business strategy you are considering involves the reduction of labor and material costs. your cfo suggested

Explain how does your original dna molecule compare with : 1. in your own words describe dna replication.2. how does your original dna molecule compare with the replicated

You have obtained a seven year 8 percent loan with a bank : 1.calculate future value of 5600 received today and deposited at 9 percent for three years.2.calculate the present

You should specify the degree of complexity of this process : 1- after having defined the typical consumer profile of this product qualify and outline its decision-making process to

What factors might lead to the development of gastritis : a 50-year-old man has been suffering from substernal pain for the last 5 months particularly on waking up in the

Give the example of creative destruction you have witnessed : economist joseph schumpeter who taught at harvard from 1932 until his death in 1950 popularized the term creative

Mr wilko states he is a social drinker and can stop at any : mr. wilko is a 40-year-old salesperson with a wife and three teenage children. he has recently begun to have a beer at

User Account

All Pages