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Please answer question #10. EXAMPLE 1. What is the future value of $250 after 15 years when interest is 4%? Cell Column A 1 $250
Please answer question #10.
EXAMPLE 1. What is the future value of $250 after 15 years when interest is 4%? Cell Column A 1 $250 2 15 3 4 $450.24 4% 1. What is the future value of $. after 15 years when interest is 4%? See example. 2. What is the future value in the preceding problem if interest is compounded monthly? 3. What is the future value after 22 years of year-end deposits of $_ earning 3%? 4. What is the future value in the preceding problem if deposits are year beginning? 5. What is the most you should pay today for a piece of land which will be worth $500,000 in years if you want a 15% return? 6. What is the present value of an annuity due which pays $ per year for 10 years if a 12% discount rate is used? 7. How much would you have to pay today for a 25-year annuity paying $45,000 annually if it begins 15 years from now and you want a return? 8. If you want a % return, what is the most you should pay today for a stock that will trade at $75 in 5 years and pay a $2 annual dividend? 9. If you paid $750 for an investment years ago that is now worth $2000, what was your rate of return? 10. If you save $100 per month, what annual rate of interest must you earn in order to accumulate $10,000 after years? EXAMPLE 1. What is the future value of $250 after 15 years when interest is 4%? Cell Column A 1 $250 2 15 3 4 $450.24 4% 1. What is the future value of $. after 15 years when interest is 4%? See example. 2. What is the future value in the preceding problem if interest is compounded monthly? 3. What is the future value after 22 years of year-end deposits of $_ earning 3%? 4. What is the future value in the preceding problem if deposits are year beginning? 5. What is the most you should pay today for a piece of land which will be worth $500,000 in years if you want a 15% return? 6. What is the present value of an annuity due which pays $ per year for 10 years if a 12% discount rate is used? 7. How much would you have to pay today for a 25-year annuity paying $45,000 annually if it begins 15 years from now and you want a return? 8. If you want a % return, what is the most you should pay today for a stock that will trade at $75 in 5 years and pay a $2 annual dividend? 9. If you paid $750 for an investment years ago that is now worth $2000, what was your rate of return? 10. If you save $100 per month, what annual rate of interest must you earn in order to accumulate $10,000 after yearsStep by Step Solution
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