Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i need answers of these questions ..kindly help me 7:30 85% PQs - TVOM - IBF.txt IBF - Spring 2020 - Indus University 1. a.
i need answers of these questions ..kindly help me
7:30 85% PQs - TVOM - IBF.txt IBF - Spring 2020 - Indus University 1. a. You invest $12,000 today at 9 percent per year. How much will you have after 15 years? b. What is the current value of $100,000 after 10 years if the discount rate is 12 percent? G. You invest $2.000 a year for 20 years at 11 percent. How much will you have after 20 years? 2. a. How much must Katie Wilson set aside cach year to accumulate $80,000 after 15 years? The interest rate is 10 percent. b. How much must Josh Thompson repay each year for five years to pay off a $20,000 loan that he just took out? The interest rate is 8 percent. 6. Your aunt offers you a choice of $20,100 in 20 years or $870 today. If money is discounted at 17 percent, which should you choose? 7. Your uncle offers you a choice of $105,000 in 10 years or $47,000 today. If money is discounted at nine (9) percent, which should you choose? 8. Your father offers you a choice of $105,000 in 12 years or $47.000 today. a. If money is discounted at 8 percent, which should you choose? b. If money is still discounted at 8 percent. but your choice is between $105,000 in 9 years or $47.000 today, which should you choose? 9. You are going to receive $205,000 in 18 years. What is the difference in present value between using a discount rate of 12 percent versus 9 percent? 10. How much would you have to invest today to receive a $15.000 in 8 years at 10 percent? b. $20.000 in 12 years at 13 percent? 6$6.000 each year for 10 years at 9 percent? d. $50,000 each year for 50 years at 7 percent? 11. If you invest $8,500 per period for the following number of periods, how much would you have? a. 12 years at 10 percent, b. 50 years at 9 percent. 12. You invest a single amount of $10,000 for 5 years at 10 percent. At the end of 5 years you take the proceeds and invest them for 12 years at 15 percent. How much will you have after 17 yearsStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started