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Problem 5-4: FUTURE VALUE OF A SINGLE AMOUNT: A B C D E Present Value 200.00 4,500.00 10,000.00 25,000.00 37,000.00 Interest Rate Per Year 5%
| Problem 5-4: | ||||||
| FUTURE VALUE OF A SINGLE AMOUNT: | ||||||
| A | B | C | D | E | ||
| Present Value | 200.00 | 4,500.00 | 10,000.00 | 25,000.00 | 37,000.00 | |
| Interest Rate Per Year | 5% | 8% | 9% | 10% | 11% | |
| Number of Years | 20 | 7 | 10 | 12 | 5 | |
| Future Value | ||||||
| Problem 5-11: | ||||||
| PRESENT VALUE OF A SINGLE AMOUNT: | ||||||
| A | B | C | D | E | ||
| Future Value | 7,000.00 | 28,000.00 | 10,000.00 | 150,000.00 | 45,000.00 | |
| Interest Rate Per Year | 12% | 8% | 14% | 11% | 20% | |
| Number of Years | 4 | 20 | 12 | 6 | 8 | |
| Present Value | ||||||
| Problem 5-20: | ||||||
| 1. Annuity | ||||||
| PRESENT VALUE OF AN ANNUITY | ||||||
| A | B | C | D | E | ||
| Annuity Amount | 12,000 | 55,000 | 700 | 140,000 | 22,500 | |
| Interest Rate Per Year | 7% | 12% | 20% | 5% | 10% | |
| Number of Years | 3 | 15 | 9 | 7 | 5 | |
| Present Value | ||||||
| PRESENT VALUE OF AN ANNUITY DUE | ||||||
| 2. Annuity due | ||||||
| PRESENT VALUE OF AN ANNUITY DUE | ||||||
| A | B | C | D | E | ||
| Annuity Amount | 12,000 | 55,000 | 700 | 140,000 | 22,500 | |
| Interest Rate Per Year | 7% | 12% | 20% | 5% | 10% | |
| Number of Years | 3 | 15 | 9 | 7 | 5 | |
| Present Value | ||||||
| Problem 5-22: | ||||||
| Part a. and b. | ||||||
| a | b | |||||
| Annual payment | 2,000 | 2,000 | ||||
| Interest Rate Per Year | 10% | 10% | ||||
| Number of Years | 40 | 30 | ||||
| Future value | ||||||
| Part c. (Essay) | ||||||
| Part d. | ||||||
| a | b | |||||
| Annual payment | 2,000 | 2,000 | ||||
| Interest Rate Per Year | 10% | 10% | ||||
| Number of Years | 40 | 30 | ||||
| Future value | ||||||
| Problem 5-37: | ||||||
| Part a: Future value of a single amount compounded: | ||||||
| A | B | C | D | |||
| Present Value | 2,500 | 50,000 | 1,000 | 20,000 | ||
| Interest Rate | 6% | 12% | 5% | 16% | ||
| Number of years | 5 | 3 | 10 | 6 | ||
| Compounding Frequency | 2 | 6 | 1 | 4 | ||
| Future value | ||||||
| Part b: Effective Annual Rate | ||||||
| A | B | C | D | |||
| Present Value | 2,500 | 50,000 | 1,000 | 20,000 | ||
| Interest Rate | 6% | 12% | 5% | 16% | ||
| Number of years | 5 | 3 | 10 | 6 | ||
| Compounding Frequency | 2 | 6 | 1 | 4 | ||
| Effective Annual Rate = | ||||||
| Part c: (Essay Answer) | ||||||
| P5-53: | ||||||
| Part a (use table method): | ||||||
| Single | Single | Life of | Approximate | |||
| Investment | Investment | Return | Investment | Interest Rate | ||
| A | 5,000 | 8,400 | 6 | |||
| B | 5,000 | 15,900 | 15 | |||
| C | 5,000 | 7,600 | 4 | |||
| D | 5,000 | 13,000 | 10 | |||
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
7th Edition
978-0136111474, 0136111475
