QUESTION 1

1. The 2nd last balance on a loan is $292.44 and interest is 3% compounded monthly with monthly payments. What is the last payment?

1 points

QUESTION 2

1. What is the payment amount for a sinking fund of $1,733 if interest is 2% compounded semi-annually? Payments are semi-annual, made at the end of the periods, and will last for 10 years.

1 points

QUESTION 3

1. Payments are made monthly with interest of 2% compounded monthly. If there are 24 payments, what is the payment calculation for this amortization schedule based on a loan amount of $1,870?

1 points

QUESTION 4

1. A bond has a coupon rate of 1.2% (compounded semi-annually) and a yield to maturity of 1.5% (compounded semi-annually). What is the bond price for this 10-year $1000 face value bond?

1 points

QUESTION 5

1. How much is in a sinking fund after 20 quarterly payments (end of each quarter) of $662.52 if interest is 3% compounded quarterly?

1 points

QUESTION 6

1. A project has an initial cost of $10,000. This project is expected to bring in $2,932 per year for 4 years. If money can earn 2% compounded annually, what is the net present value of this project? If your NPV is less than 0, enter a negative for your answer.

1 points

QUESTION 7

1. A project is expected to bring the company $1,212 per year for 5 years and money can earn 1.5% compounded annually. What initial cost today would produce a NPV of $0?

1 points

QUESTION 8

1. 10 semi-annual payments of $936.57 are made towards a sinking fund that accumulates to $10,000. How much interest was gained on this sinking fund?

QUESTION 1

1. The 2nd last balance on a loan is $292.44 and interest is 3% compounded monthly with monthly payments. What is the last payment?

1 points

QUESTION 2

1. What is the payment amount for a sinking fund of $1,733 if interest is 2% compounded semi-annually? Payments are semi-annual, made at the end of the periods, and will last for 10 years.

1 points

QUESTION 3

1. Payments are made monthly with interest of 2% compounded monthly. If there are 24 payments, what is the payment calculation for this amortization schedule based on a loan amount of $1,870?

1 points

QUESTION 4

1. A bond has a coupon rate of 1.2% (compounded semi-annually) and a yield to maturity of 1.5% (compounded semi-annually). What is the bond price for this 10-year $1000 face value bond?

1 points

QUESTION 5

1. How much is in a sinking fund after 20 quarterly payments (end of each quarter) of $662.52 if interest is 3% compounded quarterly?

1 points

QUESTION 6

1. A project has an initial cost of $10,000. This project is expected to bring in $2,932 per year for 4 years. If money can earn 2% compounded annually, what is the net present value of this project? If your NPV is less than 0, enter a negative for your answer.

1 points

QUESTION 7

1. A project is expected to bring the company $1,212 per year for 5 years and money can earn 1.5% compounded annually. What initial cost today would produce a NPV of $0?

1 points

QUESTION 8

1. 10 semi-annual payments of $936.57 are made towards a sinking fund that accumulates to $10,000. How much interest was gained on this sinking fund?