You deposit 500 in an account on January 1, 2003. Interest is credited each year on December 31, at a rate of 4% on the first 1000 in the account on January 1 of that year and 5% of any excess over 1000. ust after interest is credited on December 31, 2032, X is in the ccount. Calculate X.
Q: This morning a corporate bond of Carnival Corp Inc was being traded at par of $1,000. By midday, the…
A: To calculate the bond price we will use the below formula Bond price = FV/(1+r)n Where FV - Face…
Q: Your grandmother loves you and wants you to get a graduate degree. She promises to pay you $1,225…
A: Since payment is start at the beginning of the year, we need to use future value of annuity due…
Q: D’Leon Inc. is a snack food (bakery) company that underwent major expansion in 2018. Which of the…
A: A Company needs growth in long runs wishes expansion. Through expansion the company can grow fast…
Q: This is with excel. With a pen and paper, what is the equation to solve this problem. The visuals of…
A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…
Q: What is the Small Business Administration? Who created it?
A: Small Business Administration: The Small Business Administration (SBA) proposes significant…
Q: Complete the following: Note: Do not round intermediate calculations. Round your final answers to…
A: Trade credit occurs between two businesses in which the seller of the goods agrees to take the cash…
Q: Sambo Ltd is a levered firm with a debt ratio of 55% and its Net Income for next year is projected…
A: Select financials of the company are given. We have to find the EPS and DPS under different dividend…
Q: A bond offered by the Chicago Board of Education earns a 3.01% APR on bonds purchased in 2020 that…
A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…
Q: Use the following information for Smith Brothers, Inc: EBIT / Revenue 15.00% Government Tax Rate…
A: Return on Asset: A sort of return on investment indicator called return on assets (ROA) gauges a…
Q: If you invest $10,000 per year at the end of each year for 3 years at an 5.5% rate of return, you…
A: Future Value of anuity = P * [ { (1 + r )n -1 } /r ] where, P = periodic payment r = interest rate…
Q: Assume that the risk-free rate is 3.5% and the required return on the market is 10%. What is the…
A: Solution:- Capital Asset Pricing Model (CAPM) is a model which gives a formula to calculate the…
Q: Based on the calculated payback period, NPV, and IRR for each project: If these projects are…
A: 1) If projects are independent, then all projects are recommended for investing only if a) Net…
Q: Assume you have $9000 to invest; A stock is trading at $90.00. A call option that expires in one…
A: As the portfolio's investment is made in stocks only, return on portfolio is calculated as the…
Q: 1. Mr. Reyes borrows P600,000 at 12% compounded annually agreeing to repay the loan in 15 equal…
A: Annual Payment to be made = P * r * [(1+ r)n/({1 + r}n -1)Where, P = Principal borrowed = 600,000 r…
Q: Please include the excel formula Yan Yan Corp. has a $2,000 par value bond outstanding with a…
A: A Bond refers to a concept that is defined as an instrument that represents the loan being made by…
Q: Pirates Inc. just paid a $2.00 dividend. Their expected dividends are $1.75 in year 1, $1.50 in year…
A: The dividends are the distribution of profit to the shareholders, the company issue ordinary stock…
Q: Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following…
A: a) Continuing or Horizon value is the value of all cash flows 1 year from now and beyond in…
Q: for the below Cash flow, find the total Present value using 10% interest rate. QUESTION 2 years 0…
A: Solution:- Present value means value in today’s terms after discounting the future value. So, for a…
Q: Problem #2 Temporary Employee Time Card Name: Eugene Mueller Dept: Sales Note: No Overtime Rate…
A: Calculation of temporary employee total pay is given below.
Q: Company Miami just paid annual dividend of $25 today. The dividend is expected to grow at 8% for the…
A: Current dividend per share, D0 = $25 Short term growth rate, gs = 8% Dividend per share in year 1,…
Q: Find the compound amount if Php82,000 is invested at 11% compounded monthly for 3 years. 12…
A: Given: Amount = Php 82,000 Interest rate = 11% Years = 3 Compounding = monthly
Q: Calculate what $890 would grow to at 7.5% per year compounded daily for 6 years. (Use the Table…
A: To calculate the future value we will use the below formula Future value = PV*(1+(r/m))n*m Where…
Q: Janlea Co. had total net earnings of $158,600 this past year and paid out 60 percent of those…
A: Required return = (D1/ Current market price)+Growth rate D1 = Dividend per share Dividend per share…
Q: Town station is saving money to build a new loading platform. Three years ago they set aside 23,000…
A: Future Value = Present Value * ( 1 + Interest rate) n Interest rate = [ (Future Value/Present…
Q: Question 17 What is the amount of an annuity that is payable for 2 years at 6% compounded monthly if…
A: To calculate the amount of annuity we will use the below formula Amount of annuity =…
Q: Question 10 If the nominal rate in compound interest is 10% compounded semi-annually, what is the…
A: Interest rate = 10% Number of compounding per year = 2
Q: Bridgewater Associates invests $88 billion in each of Lucid Group, Inc. (LCID) and Tesla, Inc.…
A:
Q: Identify the specific entities in Barbaoos are tasked with regulating financial institutions. It may…
A: We have to identify the specific entities in Barbaoos that are tasked with regulating financial…
Q: 32. Most people in the United States have a thorough knowledge of finance as evidenced by their…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Ms. Brown purchases a house for $300,000. She borrows $200,000 from a mortgage company at the rate…
A: In a leveraged sale purchase transaction of a house, we have to find the average annual rate of…
Q: Jack owns a shop that sells furniture. He placed an advertisement in the Friday’s edition of the…
A: Brief summary 1. Jack owns a furniture shop and placed an advertisement in the Friday’s edition of…
Q: why do you think some of the p/e ratios are lower than the others?
A: P/e ratio means the price at which the investor is willing to buy the stock of that company.
Q: Canopy Growth Corporation (CGC) has $3,127,000 in assets that are currently financed with 100%…
A: Solution:- Return on Equity (ROE) refers to the percentage of earnings on its equity. So, ROE = (Net…
Q: Draiman Corporation has bonds on the market with 14.5 years to maturity, a YTM of 7.5 percent, a par…
A: Face value (FV) = $1000 Coupon rate = P Semi annual coupon amount = 1000*P/2 = 500P YTM = 7.5% Semi…
Q: If wages grew 5.00 percent, but inflation was 3.70 percent, what was the approximate real increase…
A: Given, Growth in wages 5% Inflation is 3.70%
Q: K A property was purchased for $9198.00 down and payments of $900 00 at the end of every three…
A: Numbers are illegible. Please check the numbers Data given: Down payment= $9198 Quarterly payment…
Q: You want to pay off your mortgage on something called an accelerated bi-weekly payment plan. You…
A: Amount of mortgage is $480,000 Time period is 16 years APR is of 2.5% Compounded semi annually To…
Q: Which is riskier lower IRR or a higher IRR? Please explain and incorporate differences in risk based…
A: According to the internal rate of return (IRR) rule, a project or investment should be undertaken if…
Q: Which of the following statements is correct? Financial institutions perform complex asset…
A: Asset transformation-It is a process of transforming bank liabilities, usually mobilized funds like…
Q: Casa Chica is considering replacing a piece of equipment. Alternative A costs $80,000, has an eight…
A: Given, Cost of Alternative A is $80,000 Cost of alternative B is $65,000
Q: Question TO Tomaso Aviation Corp. is considering a project that requires an initial investment of $1…
A: Initial investment = $1,000,000 Annual cash flow for 10 years = $0 Annual cash flow from 11th to…
Q: The maintenance on a machine is expected to be $155 at the end of the first year, and increasing $35…
A: Present Value = [ C1/(1+r)1 ] + [ C2/(1+r)2 ] + .....+ [ Cn/(1+r)n ] Where C1 = Cashflow for year 1…
Q: ABC Corporation plans to issue a 9%, 10-year, P5,000,000 face value bonds. It will incur P500,000 as…
A: Yield to maturity is rate of return realized on the bond when bond is held till the maturity period…
Q: Two years ago, KenCorp purchased an asset that is classified with a 3-year recovery depreciation…
A: Data given: Asset purchased 2 years ago classified with a 3-year recovery period. Depreciation…
Q: Find the amount due at the end of three years, if the proceeds is Php10,000 and the discount rate is…
A: Future value of a present amount With present value (PV), periodic interest rate (r) and period (n),…
Q: Kawesha Corporation has a premium bond making semiannual payments. The bond pays a 9 percent coupon,…
A:
Q: Based on the interest rates and cash flows shown in the cash flow diagram, determine the value of…
A: We have a stream of cash flows, but they are subjected to a different interest rates in different…
Q: When we use Excel to perform a regression analysis, the independent variable data must be contiguous…
A: The question states how data should be placed while conducting a regression analysis in excel. We…
Q: Bonds from XYZ Inc. offer an after-tax YTM of 5%. They have 15 years left to mature and offer a…
A: Price of bond is present value of coupon payment +Present value of par value of bonds based yield to…
Q: Break down step 2 properly 2. Rebound Tourism Inc. Share valuation: Last year price =…
A: Information Provided: Last year's price = $40 Dividend = $0.50 Required rate of return = 9%
Step by step
Solved in 4 steps with 1 images
- Suppose you deposit $1,016.00 into an account 4.00 years from today. Exactly 13.00 years from today the account is worth $1,741.00. What was the account's interest rate? Submit Answer format: Percentage Round to 3 decimal places (Example: 9.243%, % sign required. Will accept decimal format rounded to 5 decimal places (ex. 0.09243))Suppose you deposit $ 1296 today and your account will accumulate to $ 5637 in 9 years. What is the rate of interest? Input your answer in decimals, not percentages. Round your answer to four decimals places.Suppose you deposit $1,030.00 into an account 4.00 years from today. Exactly 13.00 years from today the account is worth $1,677.00. What was the account's interest rate? Submit Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required. Will accept decimal format rounded to 5 decimal places (ex: 0.09243)) Show Hint
- Suppose that you deposited $5,999 at the end of each year in a Roth IRA account earning an annual rate of 5.01% for the next 15 years. How much would be on deposit at the end of the 15th year? In the space below, please indicate what the following variables are (enter answers to four decimal places and be mindful as to whether the variable is a positive or negative number): 1. PV 2. FV 3. Rate % 4. Periods 5. PaymentEvery year you deposit $3,500 into an account that earns 19% interest per year, What will be the balance of your account immediately after the 40th deposit? Click the icon to view the interest and annuity table for discrete compounding when / 1% per year. Choose the correct answer below. O A. $165,837 O B. $123,795 OC. $171,102 OD. $172,813 OE. $140,000Suppose on January 1st you deposit $100 in an account that pays a nominal interest rate of 11.33463% with interest added (compounded) daily. How much will you have in your account on October 1st or 9 months later?
- Suppose that you opened a savings account on January 1st, 2010, and made a deposit of $1000. On January 1st, 2011, you began depositing $100 into the account at the end of each month. If the bank pays 2% interest compounded monthly, how much money will be in the account on January 1st, 2022? Round to two decimal places.Determine the interest rate earned on a $1,400 deposit when $1,800 is paid back in one year. (Round your answer to 2 decimal places.)Find the amount accumulated in an account where $25 is deposited monthly for 10 years at 2.5% interest compounded monthly. Assume the account currently has $450 in it. Round your answer to two decimal places if rounding is necessary. The $ sign is already listed next to the answer box, so do not type a $ sign in your answer.
- Suppose $1,000 is deposited in a bank account today (time 0), followed by $1,000 deposits in years 2, 4, 6, and 8. At 6% annual interest, how much will the future equivalent be at the end of year 12?Suppose that you opened a savings account on January 1st, 2010, and made a deposit of $1000. On January 1st, 2011, you began depositing $100 into the account at the end of each month. If the bank pays 2% interest compounded monthly, how much money will be in the account on January 1st, 2022?1) Let y be the balance in an account if you deposit $5000 for x years at 4% APR compounded monthly. USE ALL DECIMALS except in e and fand h! a) Write the formula for y = f(x) b) Then rewrite the formula as an annual compounding (APY) formula as shown in the Lecture 16 notes. y = (rewritten). c) The APY (clear from part b) is: d) Then use the 2âd version of y to write y ' - e) How much is the investment worth after 7 years? f) How fast is the investment growing after 7 years? g) What is the percentage rate of growth (PROC) after 7 years as a percent? USE ALL DECIMALS! h) Write a sentence translating into English your answer for f' (7) : i) Show the second way to find the derivative of your formula in a) using the chain rule (as found in the chain rule lecture): j) Find y'(7) from your answer in j and confirm it is the same (at least to 7 decimals) as using the formula in d.