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future value/present value and annuity tables.

1. John started a paper route 1/1/95. Every three months, he deposit $500.00 in his bank account. The account earns 4% annually but is compounded quarterly. On 12/31/98, he used the entire balance in his account to invest in a contract that pays 9% annually. How much will he have on 12/31/01? 2. Joe invests $50,000 in a project that is expected to yield a return of 8% compounded semi-annually over the next 5 years. He will then take the proceeds & provide himself with a 10 year annuity. Assuming a 10% annual interest rate, how much will the annuity be? 3. Sue will receive 12,000 a year for the next 15 years as a result of her patent. Using a 9% rate, should she be will to sell her f... click for more

Subject:

Math

Topic:

Consumer Mathematics

Posting ID:

36826

OTA ID:

101733

View Details $1.99 Download Add to Cart

future value/present and annuity tables

1. You wish to retire in 18 years, at which time you want to have accumulated enough money to receive an annuity of $14,000 a year for 20 years of retirement. During the period before retirement , you can earn 11% annually and after retirement you can earn 8% annually. What annual contributions will allow you to receive $14,000 annually. 2. Mike has been depositing $2500 in a savings account each December starting in 1991. The account earns 5% compounded annually. How much will he have in December 2000. (assume a deposit is made in December 2000). 3. Joe will receive $19,500 a year for the next 20 years as a payment for a song he has written. If a 10% rate is applied, should h... click for more

Subject:

Math

Topic:

Consumer Mathematics

Posting ID:

36849

OTA ID:

101733

View Details $1.99 Download Add to Cart

Rate of return and interest problems are included

Calculate ROR.... (see attachment for full questions) I need to get some outline on a step by step method to solve the problem(s). Some of them involve optimisation.

Subject:

Math

Topic:

Consumer Mathematics

Posting ID:

36874

OTA ID:

104808

View Details $1.99 Download Add to Cart

future value/present vaule and annuity tables

1. If you borrow $15,618 and are required to pay the loan vack in 7 equal annual installments. of $300. What is the interest rate assocated with this loan? 2. your rich uncle has offered you a choice of one of the three following alternatives. a) $10,000 now b) $2000 a year for 8 years -equal investments have earned 11% c) $24, 000 at the end of 8 years - equal investments have earned 11%. 3. Joe will receive $175,000 in 50 years. What is his pot of gold worth today if the alternative investment rate is 14%. I would like Jiong Tu, Phd assistance and possible on-line tutor if possible. I was having a very difficult time reading the table and with your assistance I was... click for more

Subject:

Math

Topic:

Consumer Mathematics

Posting ID:

36917

OTA ID:

103642

View Details $1.99 Download Add to Cart

Constant stock value/growth and zero growth & time value

1. Common stock value-zero growth - The company's class A stock has paid a dividened of $5.00 per share for the last 15 years. Management expects to continue to pay at that rate for the forseeable future . Sally Talbout purchased 100 shares of common stock 10 years ago at a time when the required rate of return for the stock was 16%. She wants to sell her shares today. The current required rate of returnfor the stock is 12%. How much capital or loss will she have on her shares. 2. Common stock value-constant growth. McCracken company common stock paid a dividend of $1.20 per share last year. The company expects earnings and dividends to grow at a rate of 5% per year for the for... click for more

Subject:

Math

Topic:

Consumer Mathematics

Posting ID:

38722

OTA ID:

103477

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