Question
In: Finance
You just deposited $1,605 in an account. What is the future value in 10 years? Use a nominal rate (monthly compounding) of 14.00%.
1. You just deposited $1,605 in an account. What is the future value in 10 years? Use a nominal rate (monthly compounding) of 14.00%.
2. Consider the following returns and states of the economy for TZ.Com.:
Economy Probability Return:
Weak 15% -6%
Normal 50% 3%
Strong 35% 8%
What is the standard deviation of TZ's returns?
Solutions
jeff jeffy answered 2 years agoRelated Solutions
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Group of answer choices
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Show all your work
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Face Value 375,000.00 Market Rate 10.00% Face Rate 14.00% Compounding 2 Semiannual Years 5 Total Periods...
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for period # 2. Interest Expense Entry (Period # 2) DR CR
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