Question
In: Finance
Calculate the college fund required to start a four year college program in 15 years time....
Calculate the college fund required to start a four year college program in 15 years time. The tuition fees are currently 12,000 and are first payable at the start of year 16. Inflation is 4% and the rate of return is 9%. Calculate the lump sum which needs to be invested today to provide the college fund.
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Solutions
jeff jeffy answered 1 year agoRelated Solutions
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Your
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You invest $12,500 in Fund VSML at the
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value in one year?
A. Under $12,250
B. Between $12,250
and $12,500
C. Between $12,500
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D. Between $12,750 and
$13,000
E. ...
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15) You are offered $1,100 after four years (Offer 1) or
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FV(Offer 1):? FV(Offer 2): ?
Which offer will you accept?
If you can earn 16 percent on your funds, calculate the
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dollar. FV(Offer 1):? FV(Offer 2): ?...
A fund has 100,000 at the start of the year. Six months later, the fund has...
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accumulated value in the fund at the end of 30 years is $1000.
Calculate d.
You wish to purchase a 15-year deferred annuity (payments start now) that will last 20 years...
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The time required to start a business, defined as the number of days needed to complete...
The time required to start a business, defined as the number of
days needed to complete the procedures to legally operate a
business, in 20 developed countries and 20 emerging countries is
included in the accompanying table.
Developed Countries (days)
Emerging Countries (days)
26
1
115
27
8
5
31
5
8
16
5
6
27
16
7
7
6
25
10
2
30
29
11
15
18
18
18
12
29
6
12
22
8
14
25
8
18...
The time required to start a business, defined as the number of days needed to complete...
The time required to start a business, defined as the number of
days needed to complete the procedures to legally operate a
business, in 20 developed countries and 20 emerging countries is
included in the accompanying table. Complete parts (a) through
(d) below.
DEVELOPED COUNTRIES (DAYS)
24 34
115 11
7 17
33 20
7 30
4 13
27 10
8 26
6 18
10 22
EMERGING COUNTRIES (DAYS)
2 28
28 15
4 17
5 12
12 5...
Consider a mutual fund with $300 million in assets at the start of the year and...
Consider a mutual fund with $300 million in assets at the start
of the year and 12 million shares outstanding. If the gross return
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value, then the rate of return on the fund
is %.
Please enter your answer with TWO decimal points.
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