Question

In: Finance

1. Calculate the future value of these deposits. Remember to total your answer. Assume end of...

1. Calculate the future value of these deposits. Remember to total your answer. Assume end of year deposits.

Part a:

n          Deposit            Terms                          FVIF               $

1          $1000              5%, semi-annual

2          $1500              6%, monthly

3          $2000              8%, quarterly

4          $1000              12%, annual

5          $2000               8%, semi-annual

Solutions

Expert Solution


Related Solutions

Which is the future value of the following $5,000 equal payment deposits at the end of...
Which is the future value of the following $5,000 equal payment deposits at the end of each year in 6 years annually compounded at 6% rate?
Based on the following cash flows, find the future value in year 9. Assume deposits were...
Based on the following cash flows, find the future value in year 9. Assume deposits were made at the end of the year and the rate of return is 15%. Year 1 4 9 Cash Flows 9,000 4,000 1,000
1- What is the future value of 15 deposits of $3,190 each made at the beginning...
1- What is the future value of 15 deposits of $3,190 each made at the beginning of each period and compounded at 10%? (Future value as of the end of the 15th period.) The future value = 2- What is the present value of 6 receipts of $2,730 each received at the beginning of each period, discounted at 9% compounded interest? The present value = 3- What is the future value of 25 periodic payments of $5,440 each made at...
8. Calculate the Future Value of the following cash flow stream. Assume that 12.50% is the...
8. Calculate the Future Value of the following cash flow stream. Assume that 12.50% is the appropriate rate. Year Cash Flow 1-5 $2,000 6-12 4,000 13 10,000 14-20 13,000 21-25 16,000
What is the future value on the day of the last deposit of 25 annual deposits...
What is the future value on the day of the last deposit of 25 annual deposits of $750 per year (first deposit to be made today) given an interest rate of 5.5% p.a?
9. Choose the best answer Calculate the future value “due” of 8 payments of $ 8000...
9. Choose the best answer Calculate the future value “due” of 8 payments of $ 8000 if the interest rate is 8% Due 1-8th year 8000 Possible answers: $ 87,093.02 $ 85,093.02 $ 82,093.02 $ 88,093.02
What is the future value (in $) of cash flows 1-3 at the end ofyear...
What is the future value (in $) of cash flows 1-3 at the end of year 3, assuming a 6% interest rate (compounded annually)?End of yearCash flow1$600287138004  3,5005  1,2506  4,5307  2,350
1. What is the future value at the end of year 18 of $10,000deposited today...
1. What is the future value at the end of year 18 of $10,000 deposited today into an account that pays interest of 4.5% p.a., but with daily compounding (assume 365 days per year)? 2. Ellie is evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $11,500; year 2, $10,000; year 3, $7,500; year 4, $5,000; year 5, $2,500; year 6, $0; and year 7, $12,500. Ellie believes that...
** Remember, there are examples in your notes at the end of each section** The data...
** Remember, there are examples in your notes at the end of each section** The data set "cars" in R has 2 variables with 50 observations. speed: numeric Speed (mph) dist: numeric Stopping distance (ft) Fill in the missing boxes below in the R code and then the corresponding predictor table from R. Assume we want to test if dist a car travels can be determined by speed. dat.lm = lm( __ ~ __ , data = __ )summary( __...
Question 1 John made equal monthly (end-of-the-month) deposits into an account for 10 years (total of...
Question 1 John made equal monthly (end-of-the-month) deposits into an account for 10 years (total of 120 deposits). He then made equal monthly (end-of-month) withdrawals (the first withdrawal occurs one month after the last deposit) of $1,000 for the next 12 years (total of 144 withdrawals), reducing the balance to zero. The account pays 8.4 percent per year compounded monthly. What was the monthly deposit?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT