Question
a. How much funds will I receive from issuing in Australia a 90 day commercial bill of $50 000 at a yield of 6.6% (assuming
a. How much funds will I receive from issuing in Australia a 90 day commercial bill of $50 000 at a yield of 6.6% (assuming no fees)?
b. If you invest $20 000 today for five years at 8% pa compounded quarterly how much will you have at the end of five years?
c. What is the present value of $10 000 to be received in 5 years if the annual discount rate is 10% and compounding frequency is annual?
d. What is the present value of an ordinary annuity of $1000 per month for 20 years discounted at 9% per annum (assuming monthly compounding)?
e. What is the present value of an annuity due of $1000 per month for 20 years discounted at 9% per annum (assuming monthly compounding)?
f. A 3-year ordinary annuity with weekly compounding, a present value of $2412.96 and making weekly payments of $19.23 is trading at an annual interest rate of
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