PV=7210 PMT=490 N=5 FV=7000 How would i calculate the market rate, please show work

PV=7210

PMT=490

N=5

FV=7000

How would i calculate the market rate, please show work

Expert Solution

ekkarill92 answered 3 years ago

PV=7210 PMT=490 N=5 FV=7000 How would i calculate the market rate, please show work

There are five time value of money components – FV, PV, N, I, and PMT. Briefly...

There are five time value of money components – FV, PV, N, I, and PMT. Briefly describe each and create a hypothetical and realistic calculation word problem to find one of the components

With respect to $3888.38 = FV (I, N, PMT, PV) in Excel, what does the $3888.38...

With respect to $3888.38 = FV (I, N, PMT, PV) in Excel, what does the $3888.38 represent? (Note: The third element is a payment.) How do I explain the $3338.38 to a colleague?

n = 35 yrs PV = 50,000 PMT = 15,000 I = 8% FV in 35...

n = 35 yrs PV = 50,000 PMT = 15,000 I = 8% FV in 35 years = ? FV if I is 3% = ?

Please explain the variables- PV, FV, N, PMT, I/Y, C/Y, and P/Y. Can you please write...

Please explain the variables- PV, FV, N, PMT, I/Y, C/Y, and P/Y. Can you please write equations that connect these variables? Can you please write equation for the arithmetic progression annuity?

For both questions, please show what you typed into the TVM solver. N: I: PV: PMT:...

For both questions, please show what you typed into the TVM solver. N: I: PV: PMT: FV: Time of month: End or beginning 1. Rachel, who just turned 18, deposits a $15,000 gift into an interest-bearing account earning a 7.5% annual rate of interest. How much will she have in the account when she retires at age 60, assuming all interest is reinvested at the 7.5% rate? If Rachel decided she only needed $300,000 at retirement, could she retire at...

Derivation of FV of Ordinary Annuity (FV=PMT[(1+i)^n -1)]/i)

Please use PV, FV, R, PMT, N when answering. 1. Your best friend Frank just celebrated...

Please use PV, FV, R, PMT, N when answering. 1. Your best friend Frank just celebrated his 30th birthday and wants to start saving for his anticipated retirement. Frank plans to retire in 35 years and believes that he will have 20 good years of retirement and believes that if he can withdraw $90,000 at the end of each year, he can enjoy his retirement. Assume that a reasonable rate of interest for Frank for all scenarios presented below is...

#The numpy function np.pv(rate, nper, pmt, fv=0, when='end') works like the Excel pv() function to calculate...

#The numpy function np.pv(rate, nper, pmt, fv=0, when='end') works like the Excel pv() function to calculate the present value of an annuity. The last two inputs (fv and when) are optional. -Assuming that the annualized percentage interest rate is 4%. An annuity investment offers monthly payments of $30,000 per month for 5 years. a. Calculate the present value this investment using the np.pv() function and print the answer. b. Keeping the size and number of payments the same, graph the...

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PV=7210 PMT=490 N=5 FV=7000 How would i calculate the market rate, please show work

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PV=7210 PMT=490 N=5 FV=7000 How would i calculate the market rate, please show work

PV=7210 PMT=490 N=5 FV=7000 How would i calculate the market rate, please show work

There are five time value of money components – FV, PV, N, I, and PMT. Briefly...

With respect to $3888.38 = FV (I, N, PMT, PV) in Excel, what does the $3888.38...

n = 35 yrs PV = 50,000 PMT = 15,000 I = 8% FV in 35...

Please explain the variables- PV, FV, N, PMT, I/Y, C/Y, and P/Y. Can you please write...

For both questions, please show what you typed into the TVM solver. N: I: PV: PMT:...

Derivation of FV of Ordinary Annuity (FV=PMT[(1+i)^n -1)]/i)

Please use PV, FV, R, PMT, N when answering. 1. Your best friend Frank just celebrated...

#The numpy function np.pv(rate, nper, pmt, fv=0, when='end') works like the Excel pv() function to calculate...