Question
In: Finance
1. For the next 18 years, Maria will invest $ 1,500, at the end of each...
1.
For the next 18 years, Maria will invest $ 1,500, at the end of
each year, to pay for college expenses for her newborn son. The
interest rate that you will get is 9%. How much money will you have
saved by the time your child turns 18?
2. Valeria has $ 9,000 in her bank account. $ 2,900 in her 401
(k) retirement plan, a vehicle valued at $ 20,000, and the house
she bought for $ 79,000 whose current market value is $ 105,000.
Her current mortgage balance is $ 59,000, she has a credit card
with a $ 3,000 balance, and a student loan whose balance is $
4,000. What is Valeria's "net worth"?
Solutions
jeff jeffy answered 2 years agoRelated Solutions
you decide to save $2000 at the end of each year for the next 18 years...
you
decide to save $2000 at the end of each year for the next 18 years
if your savings earn an annual interest rate of 2% how much will
you have saved up by the end of 18 years round to the nearest
cent
1. An investment will pay $100 at the end of each of the next 3 years,...
1. An investment will pay $100 at the end of each of the next 3
years, $250 at the end of Year 4, $400 at the end of Year 5, and
$550 at the end of Year 6. If other investments of equal risk earn
12% annually, what is its present value? Its future value? Do not
round intermediate calculations. Round your answers to the nearest
cent.
2.You want to buy a car, and a local bank will lend you...
1. An investment will pay $100 at the end of each of the next 3 years,...
1. An investment will pay $100 at the end of each of the next 3
years, $250 at the end of Year 4, $400 at the end of Year 5, and
$550 at the end of Year 6. If other investments of equal risk earn
12% annually, what is its present value? Its future value? Do not
round intermediate calculations. Round your answers to the nearest
cent.
2. You want to buy a car, and a local bank will lend...
If you invest $8,717.24 at the end of every month for the next 8 years, what...
If you invest $8,717.24 at the end of every month for the next 8
years, what will be you account balance immediately after the last
payment is deposited? The interest rate you will earn on the
account is 15.75%
1. If the cost of investment is $1,500. The revenue earned during the next 6 years...
1.
If the cost of investment is $1,500. The revenue earned during
the next 6 years was $100, $200, $300, $400, $500 and $600.
Calculate the payback period?
(a)
5
(b)
5.5
(c)
4.5
(d)
5.01
2.
The effect of increase in volatility of price of stock on value
of ‘option’ (keeping other factors constant)?
(a)
Decrease in value of option.
(b)
Indeterminate from given information.
(c)
No effect.
(d)
Increase in value of option.
Aliza Ahora has decided to invest $1000 at the end of each year for the next...
Aliza Ahora has decided to invest $1000 at the end of each year for
the next 10 years, after which she will allow it to compound at 8%
for an additional 30 years. Manuel Mañana won’t save anything for 5
years, but will then invest $1000 annually for 35 years at 8%. What
will the two portfolios look like in 40 years?
If you deposit $5,000 at the end of each of the next 20 years into an...
If you deposit $5,000 at the end of each of the next 20 years
into an account paying 10.8 percent interest, how much money will
you have in the account in 20 years? How much will you have if you
make deposits for 40 years? Show Work.
If you deposit $9127 at the end of each of the next 28 years into an...
If you deposit $9127 at the end of each of the next 28 years
into an account paying 7.6 percent interest, how much money will
you have in the account in 28 years? (Round time value factors to 6
decimal places and final answer to the nearest dollar amount. Omit
the "$" sign and commas in your response. For example, $123,456
should be entered as 123456.)
A) An investment will pay $100 at the end of each of the next 3 years,...
A) An investment will pay $100 at the end of each of the next 3
years, $400 at the end of Year 4, $600 at the end of Year 5, and
$800 at the end of Year 6. If other investments of equal risk earn
5% annually, what is its present value? Round your answer to the
nearest cent.
B) What is its future value? Round your answer to the nearest
cent.
If you deposit $5,900 at the end of each of the next 20 years into an...
If you deposit $5,900 at the end of each of the next 20 years
into an account paying 10.8 percent interest, how much money will
you have in the account in 20 years?
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