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What is the future value of $4,750 on deposit for 5 years at 2% compound interest? Your Answer: Answer Question 2 (Mandatory) (3 points) What
What is the future value of $4,750 on deposit for 5 years at 2% compound interest? Your Answer: Answer Question 2 (Mandatory) (3 points) What is the present value of the following payment stream, discounted at 6% annually: $300 at the end of year 1,$500 at the end of year 2 , and $300 at the end of year 3 ? Your Answer: Answer Question 3 (Mandatory) (3 points) How much more is a perpetuity of $1000 worth than an annuity of the same amount for 4 years? Assume an interest rate of 1% and cash flows at the end of each period. Your Answer: Question 4 (Mandatory) (3 points) How much interest is earned in just the third year on a $1,000 deposit that earns 3% interest compounded annually? Your Answer: Answer Question 5 (Mandatory) (3 points) What is the present value of $100 to be deposited today into an account paying 7%, compounded semiannually for 10 years? Your Answer: Answer Question 6 (Mandatory) (3 points) What is the present value of your trust fund if you have projected that it will provide you with $50,00016 years from today and it earns 14% compounded annually? Your Answer: Answer Question 7 (Mandatory) (3 points) What is the expected real rate of interest for an account that offers a 7% nominal rate of return when the rate of inflation is 1% annually? Your
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