Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you olease do cash flows valuation wuestion 1 and 2 poo will receive a 7% anmual interest compounded monthly on those funds. An the

can you olease do cash flows valuation wuestion 1 and 2
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
poo will receive a 7% anmual interest compounded monthly on those funds. An the beginning of which month will you have at least $10,000 in that account? How much maney exsctly will you have in that account at that time 2. How would your answer chance for the previous question if it was net a perpetultw, but an annulty, with 15 more yean to to and the initial payment ameunt a $2,000,000 ? (Hint: the inisial parment walbe tepaid at the end of 15 veart) Time Value of Money Yoo luat received a job offer for S6o,000,rear. for simplicity, let's assume you will cet pud 55,000 an the 1at of each month, starting luly 1st. The benk intormed vou that if yeu eriroll in an autamatic alocation of 10 s from eich parchack ineo a special intereit-pepine iccount, you will feceive a 75 annual imerest compounded manthly on those funts. At the beginniro of which manth will yeu here at leas $10.000 in that account? Haw much maney ranctiy was vau hare in that account at that time? poo will receive a 7% anmual interest compounded monthly on those funds. An the beginning of which month will you have at least $10,000 in that account? How much maney exsctly will you have in that account at that time 2. How would your answer chance for the previous question if it was net a perpetultw, but an annulty, with 15 more yean to to and the initial payment ameunt a $2,000,000 ? (Hint: the inisial parment walbe tepaid at the end of 15 veart) Time Value of Money Yoo luat received a job offer for S6o,000,rear. for simplicity, let's assume you will cet pud 55,000 an the 1at of each month, starting luly 1st. The benk intormed vou that if yeu eriroll in an autamatic alocation of 10 s from eich parchack ineo a special intereit-pepine iccount, you will feceive a 75 annual imerest compounded manthly on those funts. At the beginniro of which manth will yeu here at leas $10.000 in that account? Haw much maney ranctiy was vau hare in that account at that time

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sustainable Measures Evaluation And Reporting Of Environmental And Social Performance

Authors: Martin Bennett , Peter James , Leon Klinkers

1st Edition

1874719160,1351282980

More Books

Students also viewed these Finance questions

Question

What is the median interest rate?

Answered: 1 week ago

Question

Who is the largest customer in Iowa (IA)?

Answered: 1 week ago