Dell Links B Bing * Suppose you borrow $2,000 at 15%, and you are going to make annual payments of $734.42. How lon g before you pay off the loan? 5.76 years 3.76 years 06.76 years 4.76 years Suppose you borrow $10,000 from your parents to buy a car. You agree to pay $207.58 per month for 90 months. 3.56% 0.56% 1.56% 2.56% You want to receive $5,000 per month for the next 8 years. 1. How much would you need to deposit today if you can earn 0.75% per month? 2.What monthly rate would you need to earn if you only have $200,000 to deposit? Deposit today=$341,292.19, Monthly rate=2.19% Deposit today=$361 292 19. Monthly rate=2.39% Deposit today=$351 292 19, Monthly rate=2.29% Deposit today=$371 292 19 Monthly rate=2 49% Suppose you have $600.000 to deposit and can earn 0.75% per month. 1. How many months could you receive the $5,000 payment? 2. How much could you receive every month for 5 years? 1. You can receive the $5000 payment for 198.53 months 2 You can receive monthly payment of $12,37 9 18 every month for 5 years 195 DLL HER Dell Links Bing u pusst wuuy-00 CVETU, TURN TOLEVY Deposit today=$371 292.19, Monthly rate=249% - Suppose you have $500,000 to deposit and can earn 0.75% per month. 1. How many months could you receive the $5,000 payment? 2. How much could you receive every month for 5 years? 1. You can receive the $5000 payment for 198.53 months.2. You can receive monthly payment of $12,37 9.18 every month for 5 years. 1. You can receive the $5000 payment for 195.53 months. 2. You can receive monthly payment of $11,379 18 every month for 5 years. 1. You can receive the $5000 payment for 208.53 months. 2. You can receive monthly payment of $13,37 9.18 every month for 5 years 1. You can receive the $5000 payment for 185,53 months 2. You can receive monthly payment of $10,37 9.18 every month for 5 years Suppose you begin saving for your retirement by depositing $2,000 per year in an IRA. If the interest ate is 5.5%, how much will you have in 40 years? FV in 40 years=$293,211 23 FV in 40 years=$303,211.23 FV in 40 years=$273,211.23 FV in 40 years=S283,211 23 You are saving for a new house, and you put $25,000 per year in an account paying 8%. The first pay ment is made today. How much will you have at the end of 3 years? $82,160 $87 6528 $81,160 $88,6528 DELL Dell Links I Bing Suppose the Fellini Co. wants to sell preferred stock at $800 per share. A similar issue of preferred st ock already outstanding has a price of $40 per share and offers a dividend of $1 every quarter. What dividend will Fellini have to offer if the preferred stock is going to sell? $40 $160 $80 $20 You want to have $4 million to use for retirement in 35 years. 1. If you can earn 1% per month, how much do you need to deposit on a monthly basis if the first pay ment is made in one month? 2. What if the first payment is made today? If the first payment is made in one month, the monthly payment= $615.83, If first payment is made today, the monthly payment= 5621.99 If the first payment is made in one month the monthly payment= 5625.83, if first payment is made today the monthly payment= $631.99 If the first payment is made in one month, the monthly payment= $631.99. If first payment is made today the monthly payment= 5625.83 If the first payment is made in one month, the monthly payment= $621 99, If first payment is made today, the monthly payment= $615.83 You are considering preferred stock that pays a quarterly dividend of $12. If your desired return is 3% per quarter, how much would you be willing to pay? $360 S3600 $4000 S400 A defined benefit retirement plan offers to pay $50,000 per year for 40 years and increase the annual p Anthu thronnantara Whale the rocantua satiramanIf the Hennata len 0 BTU DLL
