Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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- Calculate the
future value for the following investment’s- Initial investment of $6,000, maturity 5 Years, interest paid annually at 4.5% Show your work
- Initial investment of $6,000, maturity 5 years, interest paid semi-annually at 4.5% Show your work
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- Given the following information, calculate the rate of return. price = $501.88time to maturity = 10 yearsannual payment = $100type = ordinary annuityarrow_forwardAn investor pays $275,000 for a mine that will produce level annual revenue for 18 years. What should the level annual revenue be (received at the end of each year) if the investor is to receive 4% annual return on the investment while recovering the principal in a sinking fund earning 2.5% per year?arrow_forwardYou have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts ofInvestment Rate Times Value at the Endof the Period $9,000 20% 16 years $fill in the blank 1 $13,000 15% 11 years $fill in the blank 2 $16,000 12% 6 years $fill in the blank 3 $35,000 10% 4 years $fill in the blank 4arrow_forward
- Which investment will give you the higher future value in 5 years? Investment 1: You deposit $100 every month into an investment savings account that has an interest rate of 2.5% compounded daily. Investment 2: You deposit $300 every three months into an investment savings account that has an interest rate of 2.6% compounded semi-annually.arrow_forwardFind the present value of an investment that will pay $9,000 at the end of Years 10, 11, and 12. Use a discount rate of 10 percent.arrow_forwardplease help with this questionarrow_forward
- You invest $17,000 at 18% interest, compounded monthly, for 2 years. Use the compound interest formula to calculate the compound amount (in $) for your investment. (Round your answer to the nearest cent.) 2$ Need Help? Master It Read It Watch Itarrow_forwardd. How much do you have to invest today and every six months thereafter for the next 10 years if you want to accumulate a total of $400,000, 10 years from today in an investment paying 10% semiannually? Do not answer in image formatarrow_forwardUsing the TVM calculator, compare the following if the investment pays 7%/a compound annually and payments are made until age 65. Calculate the future value of each investment and the total amount paid in. which would you choose? a) depositing $1500 every year starting at age 20. b) depositing $4500 every year starting at age 50.arrow_forward
- Complete the following using compound future value. Time 13 years, Principal $16,800, Rate 2%, Compounded annually. What is the amount? What is the interest?arrow_forwardWhat is the future value of an annual annuity of $10,400 invested at the beginning of each year for 6 years earning an interest rate of 15%, compounded annually? Group of answer choices $107,312 $91,039 $104,695 $115,164arrow_forwardYou have the option of four investments: 1. Investment A with an APR of 8% and compounds daily (assume 365 days in a year) 2. Investment B with an APR of 8% and compounds monthly 3. Investment C with an APR of 8.2% and compounds quarterly 4. Investment D with an APR of 8.4% and compounds annually If you want the investment with the highest return, which investment would you choose? Investment A O Investment D Investment C Investment Barrow_forward
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