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Once you have completed the assignment below, you must submit your answers using the answer sheet provided in Canvas; not all answers will be turned
Once you have completed the assignment below, you must submit your answers using the answer sheet provided in
Canvas; not all answers will be turned in Once submitted, your answers cannot be changed, but where appropriate,
partial credit will be given. For future reference, you should keep a copy of your answers outside of Canvas as they
will not be available to view given the nature of the grading process.
For all time value of money calculations, use time value of money factors with at least four decimal places and then
round your final answer but not intermediate steps to the nearest whole dollar.
Required: answer each of the following questions, which are independent from each other.
CSW Real Estate, Inc. is considering two sites for its latest project, a mixeduse residential and retail shopping
development. The company's management has put together the following cash flow estimates and other data for
each project:
What is the cash payback period for each site rounded to two decimal places What is the net present value
NPV of each site and which site if any would be the preferred investment?
You recently received a birthday gift of $ and you decide to save it for later use. If you deposit it into an
investment account that pays six percent interest, how much will be in the account in two years?
You have recently opened a retirement account and decided to deposit $ a year in the account. If you want
to retire in fortyfive years and the account earns eight percent interest, how much will you have in your account
when you retire?
The Jackson Company borrowed $ from a local bank on January at an interest rate of eight
percent that will be repaid in full at the end of the threeyear term. Prepare all of the transactions the company
would record in a tabular analysis related to the loan.
If you are able to earn four percent interest, what amount would you need to invest to have $ two years from
now?
You plan to finance the purchase of a new house with a bank loan of $; the terms of the loande an
interest rate of four percent and a thirtyyear term. What would your annual mortgage payment be How much
interest will you pay over the life of the loan?
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