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4.You would like to have $14,857 in 14 years.. If the rate is 7.88%, how much do you have to invest each year? 5.You would
4.You would like to have $14,857 in 14 years.. If the rate is 7.88%, how much do you have to invest each year?
5.You would like to have $49,762 in 15 years. If the rate is 8.78%, how much do you have to invest each month?
6.you will invest $200 per year. If the rate is 8.83%, how much will you have in 13 years?
7.you bought a car and borrowed $22,650 for 48 months. If the rate is 4.27%, what is your monthly payment?
8.An investment that will give you monthly payments for 10 years costs $98,851. If your required return is 11.54%, what is the monthly payment?
9.A preferred stock will pay a dividend of $2 per year. If the annual return is 6.56%, what is the stock worth today?
10.A preferred stock will pay a dividend of $2 per quarter. If the annual return is 7.56%, what is the stock worth today?
Question: Please answer all the questions below. I do not need final answers. only need to tell me the form...
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Please answer all the questions below. I do not need final answers. only need to tell me the formulas . for example, PV=5/(1.055)...Thanks
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