DIN Dell La Links Li Bing SO * A defined-benefit retirement plan offers to pay $50,000 per year for 40 years and increase the annual p ayment by three-percent each year. What is the present value at retirement if the discount rate is 10 p ercent? $632,803.94 S642,803.94 $652,803 94 $662 803.94 The expected dividend next year is $4.30, and dividends are expected to grow at 5% forever. If the dis count rate is 10%, what is the value of this promised dividend stream? $86 $860 $500 $50 The dividend in current year is $2.30, and dividends are expected to grow at 5% forever. If the discoun trate is 10%, what is the value of this promised dividend stream? A $48.3 B $58 3 C. $110.3 D $120.3 You are looking at two savings accounts. One pays 5.5%, with daily compounding. The other pays 5. 6% with semiannual compounding. Which account should you use? Daily compounding account EAR-5.65% Semiannual compounding account EAR=5.68%. Choose thes emiannual compounding account Daily compounding account EAR=568% Semiannual compounding account EAR=5 65% Choose the d aily compounding account Dail.cmnundina arcnunt FAR: 60% Semiannual camoundinn Account EAR-5509 Chance the - SSPX te Dell Links Bing enland compoung accu - Suppose you want to earn an effective rate of 18% and you are looking at an account that compounds on a monthly basis. What APR must they pay? 16.67% 15.67% 13.67% 14.67% Suppose you want to buy a new computer system and the store is willing to allow you to make month! y payments. The entire computer system costs $3,500. The loan period is for 2 years, and the interest rate is 22.9% with monthly compounding. What is your monthly payment? S183.13 $163.13 S173.13 $193.13 Suppose you deposit $50 a month into an account that has an APR of 15%, based on monthly compo unding. How much will you have in the account in 35 years? $743,859 01 $763,859.01 $733 859.01 $753 859.01 - You need $15,000 in 3 years for a new car. If you can deposit money into an account that pays an APR of 11.5% based on daily compounding, how much would you need to deposit? A $13,623.88 B $12.623.88 O $11.623 88 aspx Dell Links Bing You need $15,000 in 3 years for a new car. If you can deposit money into an account that pays an APR of 11.5% based on daily compounding, how much would you need to deposit? CA $13 623.88 B. $12,623.88 C. S11 623 88 D. $10,623.88 $ What is the effective annual rate of 13% compounded continuously? 13,88% 12.88% 11.88% 10.88% Consider a 4 year loan with annual payments. The interest rate is 14%, and the principal amount is $5, 000. What is the annual payment? $1,716.02 $1,816.02 $1.916.02 $1,616 02 Service Master Company issues $100,000 in bonds, due in three years with 9 percent interest payable annually at year-end (ordinary annuity). At the time of issue, the market rate for such bonds is 11 perc ent. Calculate the bond's price. 595,112.67 $75 112.57 $65.112.57 $85, 112.57 Ben N Eth DIN Dell La Links Li Bing SO * A defined-benefit retirement plan offers to pay $50,000 per year for 40 years and increase the annual p ayment by three-percent each year. What is the present value at retirement if the discount rate is 10 p ercent? $632,803.94 S642,803.94 $652,803 94 $662 803.94 The expected dividend next year is $4.30, and dividends are expected to grow at 5% forever. If the dis count rate is 10%, what is the value of this promised dividend stream? $86 $860 $500 $50 The dividend in current year is $2.30, and dividends are expected to grow at 5% forever. If the discoun trate is 10%, what is the value of this promised dividend stream? A $48.3 B $58 3 C. $110.3 D $120.3 You are looking at two savings accounts. One pays 5.5%, with daily compounding. The other pays 5. 6% with semiannual compounding. Which account should you use? Daily compounding account EAR-5.65% Semiannual compounding account EAR=5.68%. Choose thes emiannual compounding account Daily compounding account EAR=568% Semiannual compounding account EAR=5 65% Choose the d aily compounding account Dail.cmnundina arcnunt FAR: 60% Semiannual camoundinn Account EAR-5509 Chance the - SSPX te Dell Links Bing enland compoung accu - Suppose you want to earn an effective rate of 18% and you are looking at an account that compounds on a monthly basis. What APR must they pay? 16.67% 15.67% 13.67% 14.67% Suppose you want to buy a new computer system and the store is willing to allow you to make month! y payments. The entire computer system costs $3,500. The loan period is for 2 years, and the interest rate is 22.9% with monthly compounding. What is your monthly payment? S183.13 $163.13 S173.13 $193.13 Suppose you deposit $50 a month into an account that has an APR of 15%, based on monthly compo unding. How much will you have in the account in 35 years? $743,859 01 $763,859.01 $733 859.01 $753 859.01 - You need $15,000 in 3 years for a new car. If you can deposit money into an account that pays an APR of 11.5% based on daily compounding, how much would you need to deposit? A $13,623.88 B $12.623.88 O $11.623 88 aspx Dell Links Bing You need $15,000 in 3 years for a new car. If you can deposit money into an account that pays an APR of 11.5% based on daily compounding, how much would you need to deposit? CA $13 623.88 B. $12,623.88 C. S11 623 88 D. $10,623.88 $ What is the effective annual rate of 13% compounded continuously? 13,88% 12.88% 11.88% 10.88% Consider a 4 year loan with annual payments. The interest rate is 14%, and the principal amount is $5, 000. What is the annual payment? $1,716.02 $1,816.02 $1.916.02 $1,616 02 Service Master Company issues $100,000 in bonds, due in three years with 9 percent interest payable annually at year-end (ordinary annuity). At the time of issue, the market rate for such bonds is 11 perc ent. Calculate the bond's price. 595,112.67 $75 112.57 $65.112.57 $85, 112.57 Ben N Eth