Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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the first question is using rule 72: If the value of land in an area is increasing 6% a year, how long will it take for property values to double?
my other question is computing
I do not understand how to figure these out with the tables or how to start solving them.
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- Answer the following questions in full sentences and clearly. Be sure to have answered with an explanation and answer each question separately. Question 1: Is long term financial planning worth the short term sacrifices? Question 2A: Would you rather receive a check for $1,000 today or $1,300 in 5 years from now? Explain. Question 2B: Which option would more likely yield you more money in five years? Question 2C: Why might it be hard for many of us to be able to think that far ahead into the future?arrow_forwardYou estimate that you can save $3,900 by selling your home yourself rather than using a real estate agent. What would be the future value of that amount if invested for seven years at 5 percent? Use Exhibit 1-A. (Round FV factor to 3 decimal places to 2 decimal places.). Better if you use your calculator. and final answer Future valuearrow_forwardHi, I'm looking for help with solving the answer for the following question. I've tried it myself several times, and I keep getting my answers marked as incorrect. If $15,000 is invested at 3.5% for 20 years, find the future value if the interest is compounded for every minute (n= 525,600).arrow_forward
- Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end-of-year payments of $7,600 for 10 years. The loan rate is 7%. At the end of 10 years, he believes that he can sell the land for $110,000. If he is correct on the future price, did he make a wise investment? ..... What is the future value of the loan 10 years from now? $ (Round to the nearest cent.)arrow_forwardI have both the final answer yet cannot figure it out what is the detail algorithmn of the equation. I need you to solve this question in a comprehensive way with step by syep solution by showing me how was the 0.0834 be calculated. . Don't want excel calculator's answer. Thanksarrow_forwardI already have the values I just need someone to explain the calculations, such as what numbers are used to get the future values in each problem. Specifically how to multiply the annuities and interest rates to get the future values and for the last one explain how it is calculated with the interest after the annuity due stopsarrow_forward
- Good morning, I was wondering if someone would be able to help me solve the following problem, as I've been stuck on it:Find the present value, using the present value formula and a calculator. Achieve $8,000 in three years at 3.5% simple interest.I've been working at this problem for a while now, and none of the answers that I've came up with were correct. Thank you!arrow_forward4(25). Some data is given about a project below: Life = 3 years Cost of Project now = 100 Cash inflows for next 2 years is 80 tl every year. However, at the end of the third year he has to spend 10 tl for the repairs. a. (15). What is the profitability of the Project? b. (10) . How will he decide on the Project?arrow_forward
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