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Hi, can you please complete these problems with answer guide like you did last time please? Most of them are one answer questions. I will

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Hi, can you please complete these problems with answer guide like you did last time please? Most of them are one answer questions. I will give you a good tip at the end. Please and Thank you.

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{Related to Checkpoint 5.2} [Future value] To what amount will $4,900 invested for 9 years at 9 percent compounded annually accumulate? $4,900 invested for 9 years at 9 percent compounded annually will accumulate to $ _ (Round to the nearest cent.) {Related to Checkpoint 5.6} (Solving for i} Lance Murdock purchased a wooden statue of a Conquistador for $7,600 to put in his home ofce 7 years ago. Lance has recently marriedr and his home ofce is being converted into a sewing room. His new wife, who has far better taste than Lance, thinks the Conquistador is hideous and must go immediately. Lance decided to sell it on eBa}.r and only received $4,800 for itr and so he took a loss on the investment. What was his late of return, that is, the value of i\"? What was Lance Murdock's rate 01 return, that is, the value of f? Enter a negative percentage for a loss. % (Round to two decimal places.) {Related to Checkpoint 5.4) [Present-value comparison) You are oered $100,000 today or $360,000 in 14 years, Assuming that you can earn 14 percent on your money, which should you choose? If you are offered $360,000 in 14 years and you can earn 14 percent on your moneyr what is the present value of $360,000? $ (Round to 1he nearest cent) {Related to Checkpoint 5.?) (Calculating an EAR) Your grandmother asks for your help in choosing a certicate of deposit (CD) from a bank with a oneyear maturity and a xed interest rate. The rst certicate of deposit, CD #1, pays 3.95 percent APR compounded monthly, while the second certicate of deposit, CD #2, pays 4.00 percent APR compounded semiannually. What is the eective annual rate (the EAR) of each CD, and which CD do you recommend to your grandmother? {Related to Checkpoint 5.2} [Future value) Leslie Mosallam, who recently sold her Porsche, placed $8,600 in a savings account paying annual compound interest of ? percent. a. Calculate the amount of money that will accumulate if Leslie leaves the money in the bank for 2r 6, and 16 year(s). b. Suppose Leslie moves her money into an account that pays 9 percent or one that pays 11 percent. Rework part (3) using 9 percent and 11 percent. c. What conclusions can you draw about the relationship between interest ratesr time, and future sums from the calculations you just did? {Related to The Business of Life: Saving for Your First House) [Future value] You are hoping to buy a house in the future and recently received an inheritance of $16,000, You intend to use your inheritance as a down payment on your house, a. If you put your inheritance in an account that earns 8 percent interest compounded annually, how many years will it be before your inheritance grows to $34,000? I}. If you let your money grow for 10 years at 8 percent, how much will you have? c. How long will it take your money to grow to $34,000 if you move it into an account that pays 4 percent compounded annually? How long will it take your money to grow to $34,000 if you move it into an account that pays 11 percent? d. What does all this tell you about the relationship among interest rates, time, and future sums? {Related to Checkpoint 5.2} [Compound interest with non-annual periods) You just received a bonus of $2,000. Calculate the future value of $2,000, given that it will be held in the bank for 9 years and earn an annual interest rate of 8 percent. Recalculate part (3) using a compounding period that is (1} semiannual and (2} bimonthly. Recalculate parts {a) and (b) using an annual interest rate of 16 percent. Recalculate part (3) using a time horizon of 18 years at an annual interest rate of 3 percent. What conclusions can you draw when you compare the answers in parts (c) and (d) with the answers in parts {a} and (b)? shew-r! (Related to Checkpoint 5.2) [Future value] If you deposit $3,200 today into an account earning an annual rate of return of 9 percent, what would your account be worth in 35 years (assuming no further deposits}? In 40 years? a. If you deposit $3,200 today into an account earning an annual rate of return of 9 percent, what would your account be worth in 35 years? $ (Round to the nearest cent.) {Related to Checkpoint 5.4) [Present value) Sarah Wiggum would like to make a single investment and have $2.4 million at the time of her retirement in 28 years. She has found a mutual fund that will earn 8 percent annually. How much will Sarah have to invest today? If Sarah earned an annual retum of 16 percent, how soon could she then retire? a. If Sarah can earn 8 percent annually for the next 28 years, the amount of money she will have to invest today.r is $ . (Round to the nearest cent.) {Related to Checkpoint 5.5) {Solving for :1) How many years will it take for $500 to grow to $1,094.56 if it's invested a1 6 percent compounded annually? The number of years it will take for $500 to grow to $1 ,09456 a1 6 percent compounded annually is years. (Round to one decimal place.) {Related to Checkpoint 5.4) [Present value) Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $375,000 due in 30 years. In other words, they will need $375,000 in 30 years. Toni Flanders, the company's CEO, is scrambling to discount the liability to the present to assist in valuing the finn's stock. If the appropriate disoount rate is 9 percent, what is the present value of the liability? If the appropriate discount rate is 9 percent, the present value of the $3?5,000 liability due in 30 years is $ . (Round to the nearest cent.)

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