Find the sinking fund payment abCdeSinking FundPaymentPayment Periodevery 6 monthsevery yearevery 3 monthsevery monthevery 3 monthsTime Period3.5 years4 years2.75 years3½ years3 3/4yearsNominalRate6.6%3.75%7.55%8.1%12.2%InterestCompoundedsemi-annuallyannuallyquarterlymonthlyquarterlyFuture Value335,000345,75088,440222,960720,000

A loan is a financial arrangement in which one or more people, companies, or other entities lend…

Answered: a b C d e Sinking Fund Payment Payment…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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year bends Patric okonkwo Is The Seruor bend fumd manuya $420 billion perision fund vested and entirely in inbest ment grade which forward rate Cannet P2,3 and 4 Sport raty? a 'tenors Corporate bonds be Computed from the One year two year loan beginning loan beginning in in 2years °years ats year 3 jear loan beginning in a jeu
Use the following 8% interest factors 7 periods 8 periods 9 periods Select one: Present Value of Ordinary Annuity. a. $319,099 b. $267,687 C. $226,800 d. $172,398 5.2064 5.7466 6.2469 What will be the balance on September 1, 2029 in a fund which is accumulated by making $30,000 annual deposits each September 1 beginning in 2022, with the last deposit being made on September 1, 2027? The fund pays interest at 8% compounded annually. Future Value of Ordinary Annuity. 8.92280 10.63663 12.48756
AmountFinanced Number ofPayments MonthlyPayment FinanceCharge APR $18,300 72 $426.08 $ %
Compound Interest Table Complete the following schedule for investments a through f by indicating the relevant factor from the present value or future value table and the final present or future value amount. Investment Compounding a. Annuity b. Annuity Annually Semiannually Semiannually Annually c. Annuity d. Single Payment e. Single Payment Semiannually f. Single Payment Semiannually Factor Answer $ a. $ Annual Interest Rate Amount 5% $2,000 4% 1,000 6% 14,000 •Note: Round your answers to the nearest whole dollar. •Note: Do not use a negative sign (-) with your answers. b. 5% 9,000 6% 16,000 4% 9,600 $ C. Investment $ Period d. $ Payment at Beg. or End e. of Period 2 years End 3 years Beginning 4 years Beginning 6 years n/a 5 years n/a 4 years n/a $ f. Future Value or Present Value Future Present Future Present Future Present
Whatiseachofthefollowinginvestmentsworthtodayassuminganannualdiscountrateof 7%? 1.(a) A3-yearmaturity“B”ratedcorporatebondwith4%annualinterestpaymentsanda principal value of £1,000
AmountFinanced Number ofPayments APR TableFactor FinanceCharge MonthlyPayment $600 18 17% $ $ $
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Атount of Еach Deposit Rate Number Туре Атount Deposited per Year of Years of Annuity of Annuity 1. $1000 annually 6% 8 ordinary 2. $4500 semiannually 10% ordinary 3. $30,000 quarterly 8% 6. due 4. $2600 semiannually 5% 12 due
Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 1 .943 .909 .893 2 .890 .826 .797 3 .840 .751 .712 4 .792 .683 .636 5 .747 .621 .567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 .943 .909 .893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables above, what would be the present value of $15,000 (rounded to the nearest dollar) to be received three years from today, assuming an earnings rate of 6%? a.$12,600 b.$40,095 c.$14,145 d.$13,350
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Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 1.833 1.736 1.690 2.673 2.487 2.402 4 3.465 3.170 3.037 4.212 3.791 3.605 Using the tables provided, the present value of $13,265.00 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings rate of 12%, is O a. $47,820 Ob. $40,286 Oc. $31,863 Od. $13,265
Following is a table for the present value of $1 at compound interest: Year 6% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 1 0.943 0.909 2 1.833 1.736 3 2.673 2.487 4 3.465 3.170 4.212 3.791 10% 12% 0.893 1.690 2.402 3.037 5 3.605 Using the tables provided, the present value of $15,007 (rounded to the nearest dollar) to be received 4 years from today, assuming an earnings rate of 10%, is Oa. $11,886 Ob. $47,572 Oc. $10,250 Od. $15,007

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