Complete the four cases using your individually assigned values for the variables. Be very careful to...

Complete the four cases using your individually assigned values for the variables. Be very careful to use your individually assigned variables. Your answers will be graded as wrong, if you use the wrong variables.

Use the time value tables found in your textbook when required to show your work (use the same method as I did in class). Do NOT use finance calculators, excel formulas, etc. to calculate values. You can round to the nearest dollar.

Case #1 ( 20 points)

Calculate the following: Determine the present value of an investment in equipment if it is expected to provide annual savings of $_($34,300)_ for _(18 years and has a resale value of $_(10300)_ at the end of that period. Assume an interest rate of 5 % and the savings are realized at year-end.

Show your final answer and show all the work to support your answer.

Case # 2 ( 40 points)

On January 1, 2020 the Kiner Co. issued three-year bonds with a face value of $17500 and a stated interest rate of 6.5 %. Interest is payable quarterly. The bonds were sold to yield(market rate) of 16%

Calculate the issues price of the bonds. Show your final answer and show all the work to support your answer.

Prepare the bond amortization table using the format covered in class.

Case # 3 ( 20 points)

On January 1, 2020, ABC Corp. borrowed $93900 by signing an installment loan. The loan will be repaid in 17 equal payments, one at the beginning of each year. The first payment is made on January 1, 2020. The interest rate for the loan is 11 %.

Calculate the annual payment required. Show your final answer and show all the work to support your answer.

Prepare the amortization table for the loan using the format covered in class.

Case # 4 ( 20 points)

Assume the payments will be made at the end of each year (the first payment is made on December 31, 2020.); recalculate your answer for case # 3.

Calculate the annual payment required. Show your final answer and show all the work to support your answer.

Prepare the amortization table for the loan using the format covered in class.

Solutions

Expert Solution

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

An analyst wanted to predict the time required to complete a construction project using four variables...

An analyst wanted to predict the time required to complete a construction project using four variables - size of the contract ?1x1 (in $1000 units), number of workdays adversely affected by the weather ?2x2, number of subcontractors involved in the project ?4x4, and a variable ?3x3 that measured the presence ( ?3=1x3=1) or absence ( ?3=0x3=0) of a workers' strike during the construction. Fifteen construction projects were randomly chosen, and each of the four variables as well as the time...

Complete this table of values for four aqueous solutions at 25

sodium hydroxide dissolves very easily, and exothermically, in water. Using values from the appendix in your...

sodium hydroxide dissolves very easily, and exothermically, in water. Using values from the appendix in your text, calculate the Ksp for this salt, as well as the temperature at which this reaction becomes spontaneous. Does the temperature need to be above or below this value in order for the process to proceed without outside intervention? Na0H(s): -379.4 kJ/mol

By Day 4 Individually, complete the following tasks: Post to the group discussion board your thoughts...

By Day 4 Individually, complete the following tasks: Post to the group discussion board your thoughts on the Add a seller and Record a book order use cases. Use the Violet UML editor (or any other design editor that allows you to post the design to the group discussion board) to create a three-layer SSD for either the Add a Seller or Record a Book Order use case. Save the SSD and label it appropriately to avoid confusion. Take a...

Complete the following problems in a word document. Please show values for all variables and circle...

Complete the following problems in a word document. Please show values for all variables and circle the correct answer. Failure to do so will result in lost points. You borrow $15,000 for your tuition costs. You agree to make payments at the end of each month for the next 10 years. If the interest rate on this loan is 6%, how much is your monthly payment? How much do you still owe after 20 payments? Jill would like to plan...

given the very recent cases of crimes being solved using a relative's DNA and constructing a...

given the very recent cases of crimes being solved using a relative's DNA and constructing a "family tree", does and should this use of DNA cause any concern in the public health profession?

Complete the table using the ACGIH TLV-TWAs and the assigned protection factors for each type of...

Complete the table using the ACGIH TLV-TWAs and the assigned protection factors for each type of respirator indicated Chemical TLV Type of Respirator Assigned Protection Factor MUC Acetone Half-Face APR (Half Mask) 2-Butoxyethanol Half-Face APR (Half Mask) Toluene Full Facepiece APR Calcium Oxide Loose-fitting PAPR Gasoline Full Facepiece APR Methyl Ethyl Ketone SCBA Pressure-Demand Mode Full Facepiece Stoddard Solvent Supplied-Air Pressure-Demand Full Facepiece

SOLVE USING R: Twenty four rug rats were randomly assigned to four groups of six each....

SOLVE USING R: Twenty four rug rats were randomly assigned to four groups of six each. The groups were subjected to different levels of stress (high, moderate, low, and none) induced by occasional, unexpected loud noises. After one week, density of blood lym- phocytes (cells ×106/ml) were measured. Prior studies indicated that the homogeneity assumption was violated and could not be remedied. High: 2.9, 1.8, 2.1, 1.5, 0.9, 2.8 Moderate: 3.7, 4.6, 4.2, 2.8, 3.2, 4.5 Low: 5.2, 6.2, 5.7,...

Complete all of your lesson materials and assigned readings. Make sure that you are focusing on:...

Complete all of your lesson materials and assigned readings. Make sure that you are focusing on: Communication techniques that can be used to promote safety within the healthcare facility. How communication can assist in providing optimal patient care. You should be using complete sentences to answer the questions. Ensure that you are using correct grammar. In addition, support your answers using your textbook, course materials, credible internet resources, and scholarly journals. SkyScape is a great suggestion for assistance in completion...

Draw and display a histogram for each of the two variables using appropriate BIN values from...

Draw and display a histogram for each of the two variables using appropriate BIN values from part (b) and comment on the shape of the two distributions. Hours Per Week Yearly Income ('000's) 18 43.8 13 44.5 18 44.8 25.5 46.0 11.3 41.1 18 43.3 16 43.6 27 46.2 27.5 46.8 30.5 48.2 24.5 49.3 32.5 53.8 25 53.9 23.5 54.2 30.5 50.5 27.5 51.2 28 51.5 26 52.6 25.5 52.8 26.5 52.9 33 49.5 15 49.8 27.5 50.3 36...

Subjects