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Please list inputs for calculator 14. What is the present value of a bond that pays $600 annually forever and annual market interest rates are
Please list inputs for calculator
14. What is the present value of a bond that pays $600 annually forever and annual market interest rates are 6%? 15. You are financing a new car with a loan of $30000 to be repaid with monthly payments of S699.5Sover 5 years. What is your annual interest rate calculated as 12 times the monthly rate? 16. What is the future value of a 10-year ordinary annuity of $500 per month year assuming an interest rate of 6% compounded monthly per year and then left for 5 more years to compound annually at 7%? 17, A retirement home now costs S220.000. Inflation is expected to run at 4% per year over the next 25 years when you plan to retire. If you can earn 6% per year but compounded monthly, how much will you have to deposit at the end of each month for the next 25 years, to have the money needed for to buy the home at retirement Step by Step Solution
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