Question
49. You want to buy a new sports car in 10 years. You estimate that you will need $150,000. Your bank account earns 10% compounded
49.
You want to buy a new sports car in 10 years. You estimate that you will need $150,000. Your bank account earns 10% compounded annually. How much do you need to deposit today to have the amount you need available to you in 10 years (assuming no additional deposits or withdrawals)?
Question 49 options:
| 57,831 |
| 52,828 |
| 52,574 |
| 55,411
|
51.
The present value (at t=0) of the following cash flow stream is $6000 when discounted at 12% annually. That stream consists of payments made at the end of each of four periods. One of the payments, the second one, is missing. The others are $1,000 at t=1, $2,000 at t=3, and $2,000 at t=4. What is the value of the missing cash flow?
Question 51 options:
| 3587.45 |
| 3026.30 |
| 6000 |
| 2412.55 |
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