you intend to buy a house five years from now the price of your ideal house at present is $400,000 and will increase at a rate of 3% per year

(a) what would be the price of the house in five years?

(b) if you can earn 5% per year in your deposit account, how much money do you need to deposit in your account each month in order to buy the house in five years? (you will be paying fully in cash)

company xyz just paid a dividend of $5 per share to its common stockholders, and is expected that its dividends payments would increase at a rate of 6% per year if the investors require a return of 20% from this stock what price would you be willing to pay for each share?

the stated annual rate of interest is 6% if interest is compounded semi-annually what would be the effective annual rate?