If money is worth 10% yearly, compounded quarterly, what monthly savings is required monthly in order to have P200, 000 at the end of 10 years?

Foundations of Financial Management (Block, Hirt, Danielsen, 16th Ed.) Chap. 10 - Problem 13 Effect of yield to maturity on bond price Tom Cruise Lines Inc. issued bonds five years ago at $1,000 per bond. These bonds had a 25-year life when issued and the annual interest payment was then 15 percent. This return was in line with the required returns by bondholders at that point as described next: Real rate of return 4% Inflation premium 6 Risk premium 5 Total return 15% Assume that five years later the inflation premium is only 3 percent and is appropriately reflected in the required return (or yield to maturity) of the bonds. The bonds have 20 years remaining until maturity. Compute the new price of the bond.

You are making ​$200 monthly deposits into a savings account that pays interest at a nominal rate of 3​% per​ year, compounded monthly. What is the future equivalent value of this account after five years?

If Finley wants to set aside money in a savings account that earns 3.72% APR in interest, compounded monthly, how much will they have to invest now for the savings account to be worth $24,000 in fifteen years?