Payment and frequency (PMT) # a $50.00 end of every quarter $6,566.60 per month (end) =$ per end of quarter 550.00 per Term (Time) (n) 6 years 9 years 9 years and 3 months Interest rate and compound frequency (I/Y) 5% compounded quarterly 7% compounded monthly 6.75% compounded semi-annually 15% Present Value (PV) Not Applicable $18,000 Future Value (FV) Not Applicable Not Applicable

Payment and frequency (PMT) # a $50.00 end of every quarter $6,566.60 per month (end) =$ per end of quarter 550.00 per Term (Time) (n) 6 years 9 years 9 years and 3 months Interest rate and compound frequency (I/Y) 5% compounded quarterly 7% compounded monthly 6.75% compounded semi-annually 15% Present Value (PV) Not Applicable $18,000 Future Value (FV) Not Applicable Not Applicable

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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FIRST ASSIGNMENT: The difference between Compound Interest and Q1 Simple Interest on a certain sum of money at 10 % per annum for 3 years is Rs. 930. Find the principal if it is known that the interest is compounded annually. What would $1000 become in a saving account Q2 at 3% per year for 3 years when the interest is not compounded (simple interest)? What would the same amount become after 3 years with the same rate but compounded annually? $1200 is placed in an account at 4% Q3 compounded annually for 2 years. It is then withdrawn at the end of the two years and placed in another bank at the rate of 5% compounded annually for 4 years. What is the balance in the second account after the 4 years. An amount of $1,500 is invested for 5 years Q4 at the rates of 2% for the first two years, 5% for the third year and 6% for the fourth and fifth years all compounded Annually. What is the total amount at the end of the 5 years? A principal of $2000 is placed in a savings Q5 account at 3% per…
What amount will be accumulated by Php 1,520 in 10 semi annuals at 6% compounded bi-monthly? What effective annual interest rate corresponds to the following situations? a. nominal interest rate of 4% compounded bi-monthly b. nominal interest rate of 5% compounded quarterly c. nominal interest rate of 6% compounded continuously
Payment and frequency (PMT) $1,200 end of quarter 4b $475.50 per month (end) # 4a 4c S per every six months (end) 4d $985.55 per quarter (end) 4e $2,000 at the beginning of every six months 4f $240 at the beginning of every 3 months Time in years (n) 6 years 190 payments 9 years years 12 years and 6 months 39 months Interest rate and compound frequency (I/Y) 5% compounded quarterly 64% compounded quarterly 4% compounded monthly 17.95% compounded monthly % yearly 2.95% compounded semi-annually Present Value (PV) Not Applicable $18,000 Not Applicable $39,000 Not Applicable Future Value (FV) Not Applicable Not Applicable $1,000,000 Not Applicable
Loan Amount Loan Term Fully Amortized Interest Rate Origination Fee Prepayment Penalty 7.5% 8.1% 9.6% Old Loan 4,000,000 30 years Yes 7% 3% 7% 10.1% New Loan What is the internal rate of return of refinancing the old loan at the end of Year 10? (choose the closest answer) 6.8% 20 years Yes 5.5% 4% 3%
1 You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal part interest) $992,000 17.4% 43 years January 1, 2021 Use the installment method - not straight line Do NOT round any interrmediate numbers. Do NOT turn this into a monthly problem. Do NOT put in minus signs, answer all positive numbers. Loan amount Interest Rate Life Date of Loan Required: 1. What is the annual payment (round to the nearest $)? $4 2. What are the total interest payments (round to the nearest $)? $. 3. After 16 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)? 1% 4. After 16 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage polint)? 1%
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find the future value and the compound interest. principal: $1,465 Rate 0.4% compund: semi-annually time: 11 years round answers to the nearest cent
Amortization Table A loan of $11,000 is to be repaid over a 2-year period through equal quarterly installments with an interest rate of 13% per year compounded quarterly. Determine the size of each installment. Part 1 of 2 Use a TVM solver to solve this problem. Fill in the information that you typed into the TVM solver. Round the final answer to two decimal places. N = 1% = PV = 8 ✔ 13 11000 PMT= alpha ✔ 8 13 Final Answer: $1583.59 11000 alpha FV = P/Y = C/Y = 1583.59 o PMT: (End/Begin) End✔ ✔ Part 2 of 2 Verify the installment amount by filling in the amortization table. X 1583.59 1583.59 ✓ 1583.59 1583.59 ✔ 1583.59 ✔ 1583.59 ✔ 1583.59 1583.59 0 End of Period Interest Charged Repayment Made Payment Toward Principal Outstanding Principal 0 11000 ✓ 1 x 2 X 3 X 4 X 5 6 7 8 ✓ 4 End X X X
urgent please
Which interest gives the lowest present value? (Compounding Monthly) a. 5,000 monthly, nominal interest of 8%, 5 years b. 15,000 quarterly, effective interest per period of 2.30%, 5 years c. 5,000 monthly, interest rate per period of 0.8%, 5 years

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