Fin week 4 assignment do 5-1, 5-2, 5-3, 5-4, 5-5, 5-6, 5-7, 5-8,


Fin week 4 assignment

Do  5-1, 5-2, 5-3, 5-4, 5-5, 5-6, 5-7, 5-8, 5-9, 5-10

Due date: On Saturday at 10:00a.m.

Easy Problem 1-8

5-1 PROBLEMS FUTURE VALUE if you certainty $10,000 in a bank recital that pays 10% curiosity-behalf per-annum, how plenteous procure be in your recital succeeding 5 years?

 

5-2 PRESENTS VALUE what is the give appreciate of a carelessness that procure pay $5,000 in 20 years if securities of resembling waste pay 7% per-annum?

5-3 FINDING THE REQUIRED INTEREST RATE Yourparents procure repair in 18 years. They currently bear $250,000, and they purpose they procure scarcity $1,000,000 at repairment. What annual curiosity-behalf objurgate must they obtain to stretch their end, coxcombical they don't reserve any attached funds?

5-4 TIME FOR A LUMP SUM TO DOUBLE If you certainty specie today in an recital that pays 6.5% annual curiosity-behalf, how hanker procure it follow to wrap your specie?

 

5-5 TIME TO REACH A FINANCIAL GOAL You bear $42,180.53 in a brokerage recital, and you contrivance to certainty an attached $5,000 at the end of complete coming year until your recital totals $250,000. You look-for to obtain 12% per-annum on the recital. How numerous years procure it follow to stretch your end?

 

 

5-6 FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE what’s the coming appreciate of a 7%, 5-year conventional annuity that pays $300 each year? If this was an annuity due, what would its coming appreciate be?

 

 5-7 PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM An cannonade procure pay $100 at the end of each of the instant 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6. If other cannonades of resembling waste obtain 8% per-annum, what is its give appreciate? Its coming appreciate?


 5-8 LOAN AMORTIZATION AND EAR you insufficiency to buy a car, and a topical bank procure bestow you $20,000. The hypothecation procure be abundantly amortized aggravate 5 years (60 months), and the suppositious curiosity-behalf objurgate procure be 12% delay curiosity-behalf compensated monthly. What procure be the monthly hypothecation liquidation? What procure be the hypothecation's EAR?

 

 

Intermediate

 

5-9 Problems PRESENT AND FUTURE VALUES FOR DIFFERENT PERIODS Find the aftercited appreciates using 9-26 the equations and then a financial calculator. Compounding/discounting occurs per-annum. a. An modescold $500 compounded for 1 year at 6% b. An modescold $500 compounded for 2 years at 6% c. The give appreciate of $500 due in 1 year at a abatement objurgate of 6%. d. The give appreciate of $500 due in 2 years at a abatement objurgate of 6%

 

5-10 PRESENT AND FUTURE VALUES FOR DIFFERENT INTEREST RATES I Ind the aftercited appreciates. Compounding/discounting occurs per-annum. a. An modescold $500 compounded for 10 years at 6% b. An modescold $500 compounded for 10 years at 12% c. The give appreciate of $500 due in 10 years at 6% d. The give appreciate of $1,552.90 due in 10 years at 12% and at 6% e. Define give appreciate and illustobjurgate it using a interval row delay postulates from Part d. How are give appreciates unnatural by curiosity-behalf objurgates?