If the effective rate is 15%. What is the nominal rate if compounding is daily.

If you can triple your money in 23 years, what is the implied rate of interest?

If you receive $329 at the end of each year for the first three years and $803 at the end of each year for the next three years. What is the present value? Assume interest rate is 10%

How much do you need to invest today in order to have $14,770 at the end of 16 years if you are sure to earn an interest at the rate of 9%?

What is the future value of $931 invested for 13 years at 19% if interest is compounded quarterly?

Kelly starting setting aside funds 3 years ago to buy some new equipment for her firm. She has saved $4,490 each quarter and earned an average rate of return of 8 percent. How much money does she currently have saved for this purpose?

How much do you need to invest today in order to have $3,395 at the end of 16 years if you are sure to earn an interest at the rate of 14%, if interest is compounded quarterly?

Say, you deposit $2,808 in a bank for 16 years. What is the amount you will have in the bank at the end of 16 years if interest of 6 % for first 7 years and interest of 9 % for the remaining years?

If the effective rate is 15%. What is the nominal rate if compounding is daily

How many months it will take to grow your money from $4,736 to $6,924 if you can earn an interest of 11% compounded monthly?

Today, you are purchasing a $3,087 6-year car loan at 10 percent. You will pay annually at the end of each year. What is the amount of each payment?

Assume interest rate of 7%. Suppose that you receive $73,343 at the end of each year for 4 years. Suppose that this cash flow starts at the end of the fourth year. Compute the present value.

How many years it will take to grow your money from $4,118 to $6,536 if you can earn an interest of 6% compounded monthly?

Gertrude Carter and Co. has an outstanding loan that calls for equal annual payments of $14,903 over the 10-year life of the loan. The original loan amount was $100,000 at an APR of 8 percent. How much of the third payment is interest?

Say, you deposit $3,662 in a bank for 18 years. What is the amount you will have in the bank at the end of 18 years if interest of 8 % compounded monthly for first 6 years and interest of 8 % compounded quarterly for the remaining years?

The ABC Company is considering a new project which will require an initial cash investment of $15,870. The projected cash flows for years 1 through 4 are $5,630, $6,434, $8,928, and $4,501, respectively. If the appropriate discount rate is 9%, compute the NPV of the project.

Consider a 10-year loan with monthly payments at 10%. If the loan amount is $250,000, compute the Interest paid during the 6^th year.

In order to buy a house, you take a loan of 100,000 at 7.5% for a period of 13 years. Compute the balance remaining at the end of 5 years.

What is the future value of $1,094 invested for 4 years at 16% if interest is compounded semi-annually?

If you can double your money in 9 years, what is the implied annual rate of interest, given that compounded in quarterly?

What is the future value of annual payments of $1,535 for 11 years at 7 percent?

If you can double your money in 9 years, what is the implied annual rate of interest, given that compounded semi-annually?

What is the future value of quarterly payments of $962 for 10 years at 6 percent?

What is the future value of $8,820 for 15 years at 5 percent if interest is compounded semi-annually?

How many years it will take you to quadruple (means 4 times) your money if you can earn 4.14% each year?

How many years it will take you to double your money if you can earn 11% each year, given that compounding is quarterly?

Assume interest rate of 8%. A company receives cash flows of $113,138 at the end of years 4, 5, 6, 7, and 8, and cash flows of $211,282 at the end of year 10. Compute the future value of this cash flow stream

How much do you need to invest today in order to have $6,979 at the end of 25 years if you are sure to earn an interest at the rate of 5%, if interest is compounded monthly?

What should you be willing to pay in order to receive $984 annually forever, if you require 5% per year on the investment?

Barrett Pharmaceuticals is considering a drug project that costs $191,892 today and is expected to generate end-of-year annual cash flows of $10,224, forever. At what discount rate would Barrett be indifferent between accepting and rejecting the project?

How many years it will take to grow your money from $3,613 to $7,162 if you can earn an interest of 12% compounded quarterly?

The ABC Company is considering a new project which will require an initial cash investment of $5,474. The project will produce no cash flows for the first 5 years. The projected cash flows for years 6 through 9 are $3,514, $3,809, $2,905, and $5,345, respectively. If the appropriate discount rate is 13%, compute the NPV of the project.

What is the future value of $4,918 invested for 18 years at 9% if interest is compounded semi-annually (twice a year)?