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Question 1 Each year, you invest 100 in a saving account that earn 10%/year. How much will you have at the end of 20 years?
Question 1 | Each year, you invest 100 in a saving account that earn 10%/year. How much will you have at the end of 20 years? | ||||||||
Question 2 | Today you deposit 1500 in a savings account that earns 5%/year. How much will you have after 20 years? | ||||||||
Question 3 | What is the present value of 20000 to be received 20 years from today if interest rate is 5.5%/year | ||||||||
Question 4 | Today you deposit 1500 in a savings account that earns 5%/year. How many years will it take for you to have 10,560 in your account? | ||||||||
Question 5 | At the end of each year, you deposit 300 in a saving account that earns 5.67%/year. How many years will it take for you to have 45,473.27 in your account | ||||||||
Question 6 | What is the present value of the following cash flow (all CF realized at the end of the year). Discount rate is 5% | ||||||||
year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | ||
CF | 100 | 200 | 300 | 400 | 500 | 600 | 700 | ||
Question 7 | What is the future value (at the end of year 7) of the following cash flow (all CF realized at the end of the year). Interst rate is 5% | ||||||||
year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | ||
CF | 100 | 200 | 300 | 400 | 500 | 600 | 700 | ||
Question 8 | Today you deposit 1500 in a savings account and you would like to have 6081.87 in this account after 20 years. What should be the interest rate? | ||||||||
Question 9 | Each year, you invest 100 in a saving account and you would like to have 2,823.23 in this account after 15 years. What should be the interest rate? | ||||||||
Question 10 | You borrow 30,000 from a bank to finance for your new car purchase with an interest rate per month of 0.5%. | ||||||||
You will pay off the loan after making 36 monthly equal payments. | |||||||||
build the amortization schedule and calculate the Total interest payment you made. | |||||||||
Question 11 | You borrow 100,000 from a bank to finance for your new condo with an interest rate per month of 0.5%. | ||||||||
You will pay off the loan after making 72 monthly equal payments. | |||||||||
build the amortization schedule and calculate the Total interest payment you made. | |||||||||
Question 12 | In question 10, what must be the monthly interest rate so that the Total interest payment is 2562.88 |
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