a) Assume that you deposit 1,000 TL in an account earning 13% annual interest for 3 months.What is the interest earned at the end of the 3rd month?b) Assume that you deposit 1,000 TL in an account earning 20% annual interest for 2 years.What is the accumulated interest at the end of the 2nd year?c) Please calculate how large deposit of 10,000 TL today will become at a compound annualinterest rate of 10% for 5 years?d) Assume that you need 1,000 TL in 2 years. How much would you need to deposit today ata interest rate of 7% compounded annually?e) You can make an investment that will pay you 50 TL every year starting at the end of thisyear for the next five years and 1,000 TL at the end of the five years. If you require a 12%return, how much should you be willing to pay for this investment?

Future value is the amount of deposit made and the amount of interest accumulated over the period of…

Assume that you deposit 1,000 in an account earning 13% annual interest for 3 m What is the interest earned at the end of the 3rd month? Assume that you deposit 1,000 TL in an account earning 20% annual interest for 2 y What is the accumulated interest at the end of the 2nd year? Please calculate how large deposit of 10,000 TL today will become at a compound a interest rate of 10% for 5 years? Assume that you need 1,000 TL in 2 years. How much would you need to deposit to a interest rate of 7% compounded annually? You can make an investment that will pay you 50 TL every year starting at the end o year for the next five years and 1,000 TL at the end of the five years. If you require a return, how much should you be willing to pay for this investment?

Assume that you deposit 1,000 in an account earning 13% annual interest for 3 m What is the interest earned at the end of the 3rd month? Assume that you deposit 1,000 TL in an account earning 20% annual interest for 2 y What is the accumulated interest at the end of the 2nd year? Please calculate how large deposit of 10,000 TL today will become at a compound a interest rate of 10% for 5 years? Assume that you need 1,000 TL in 2 years. How much would you need to deposit to a interest rate of 7% compounded annually? You can make an investment that will pay you 50 TL every year starting at the end o year for the next five years and 1,000 TL at the end of the five years. If you require a return, how much should you be willing to pay for this investment?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 3PA: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...

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