We will assume that we saved $1,700. We can earn 7%. We will say that we will set aside the $1,700 for eight years. What is the future value? FV = PV (1+r)^n =$1,700 x (1+0.07)^8 =$1,700 x (1.07)^8 How do we solve for 1.07^8? We multiply 1.07 eight times. Or, we use the power key on the calculator. FV = PV (1+r)^n =$1,700 x (1+0.07)^8 =$1,700 x (1.07)^8 =$1,700 x 1.72 =$2,924 In eight years, our $1,700 becomes $2,924. What is the future in 20 years and 30 years? Based on your answer, would you be willing to set aside $1,700 for 20 years or 30 years? Why?

After graduation, you plan to work for Asia Corporation for 12 years and then start your own business. You expect to save and deposit Php7,500 a year for the first 6 years (n = 1 through     n = 6) and Php15,000 annually for the following 6 years (n = 7 through n = 12).  The first deposit will be made a year from today. In addition, your grandfather just gave you a Php25,000 graduation gift which you will deposit immediately (n = 0).  If the account earns 8% compounded annually, how much will you have when you start your business 12 years from now? A.Php228,145 B. Php250,712 C. Php260,302 D. Php263,907 E. Php277,797

Can I have an answer and solution for this one, please?

using computation solution (not excel)

You have $12789 to invest and want to save up $28191.  You hope to earn a return of 10.1%.  How long until you reach your goal?   Answer:

222b. Suppose you were considering purchasing a $6300 machine today that would generate additional net profit of $2500 booked at the end of each year. Assuming you need a 10 percent annual return to justify the investment, would the investment be worth doing if you had only three years of payouts? Would your answer change if you only needed a 9 percent annual return on your investment ? Why or why not? You must use present value to demonstrate your answer, and show your work.

You will have $100,000 exactly 7 years from now. You began with an investment of $50,000 at Time Zero.  What rate of interest did you earn?

How much invested now at i= 7% would be enough to provide three payments, with the first payment in the amount of $8400 occurring two years hence (count from time zero), then $6800 five years hence (count from time zero), $5000 seven years hence (count from time zero)? (Please keep the integer)

Please show working Someone promises to pay you $1,000 in years 5, 10 and 15 for a total of $3,000.  Assume your required return is 8%. a. what is the duration of this promise to pay you $3,000 over 15 years? b. what's the convexity?  c. using the duration estimate alone, what is the estimated percentage price change in t=0 value if rates are expected to increase 2%?