ABC Bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank at the end of 5 years if he deposits P3,000 every month? P191,826.38 P198,126.38 P189,126.38 P189,216.38
Q: 75. Insurance companies wouldn’t exist unless customers were willing to pay the price of the insuran...
A: Insurance : Insurance can be understood as a contract under which a person or business obtains finan...
Q: can be progressively eliminated by adding stocks to a portfolio? Systematic risk Specific risk Marke...
A:
Q: A company purchased an asset for $143,250 9 years ago. During that time, the asset grew at a rate of...
A:
Q: Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at a...
A: Here, Cost of Debt (rd) is 9% Weight of Debt is 35% Weight of Equity is 65% Dividend (D0) is $1.85 G...
Q: ABC Corporation issued P1,000,000 in 8% bonds, maturing in ten years and paying interest semi-annual...
A: Face Value of bonds = 1,000,000 Coupon rate = 8% N = 20 semi annual periods (10 years) Bonds issued ...
Q: companies that use fiscal yea
A: Introduction : The fiscal year is the time period that a country or a company chooses as their busin...
Q: Are the following statements true or false? Provide a short justification for vour answer. Suppose y...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...
Q: The consulting company Maggi has been hired to value the company Bolli AS, Bolli expects one operati...
A: The process of assessing the worth of a company entity is known as corporate valuation.It's a crucia...
Q: a. What are the major regulatory objectives that must be satisfied in insurance rate making? b. What...
A: Rate making in insurance is the determination of premium that is to be charged for insurance.
Q: A bond currently trades at P975 on the secondary market. The bond has 10 years until maturity and pa...
A: The yield to maturity of the bond can be calculated with the help of RATE function of Excel
Q: purposes. The following proposals and ascertained profitability indexes have Question.8. Parth Ltd. ...
A:
Q: A. find the monthly payment of an ordinary if the present value is P18,500 with an interest rate of ...
A: A) Present value of annuity = P 18500 Interest rate = 10% quarterly compounded n = 6 years = 72 mont...
Q: On December 30, Year 1, ABC Corporation sold a machine to DEF Corporation in exchange for a non-inte...
A: Annual payment (A) = P 10000 n = 10 payments r = 8%
Q: Suppose we observe from market data that, for a given non-dividend paying stock, See Image What migh...
A: Forward price (F0) is the price of forward contract at which buyer and seller of the contract agreed...
Q: Ashely Corporation has 80 million outstanding equity shares and the following projected financial in...
A: We need to find the free cash flows in year 1 to 4 Cost of capital (c) = 13% Number of shares = 80 m...
Q: 1. Guia Dee receives sa daily wage of P412 in a small company where she works 6 days a week. Find he...
A: 1) Daily wage = P 412 Number of working days in a week = 6
Q: 11. Financial planning is making a forecast on the financial operation of the business. 12. The firs...
A: Finds are the basic need of any organization. Business raise the funds as per the needs from externa...
Q: Suppose Bob would like to use $4,000 of his savings to make a financial investment. One way of makin...
A: Investments: An individual can choose to invest their savings in either risk-free US government bond...
Q: The financial crisis had its roots in the easy-money policies that were pursued by the U.S. Federal ...
A: This refers to the 2008 global financial crisis. (GFC).
Q: In March 2018, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under ...
A: The rate of return which is estimated to be earned each year is called as annualized return. It is u...
Q: Differentiate Agressive Capital Policy and Conservative Capital Policy in 40-60 words
A: Capital is an amount invested in the business to run the business operations. There are different so...
Q: If the net income after tax of the company is P4,000,00O, starting balance of assets is P500,000 and...
A: "Since you have asked multiple question, we will solve the first question for you.If you want any sp...
Q: Which of the following in not a major credit bureau? O Standard and Poors. All of these are major cr...
A: Credit bureaus are the credit rating companies that compile the credit scores of individuals. The ma...
Q: A high school student received from his wealthy ant $15,000. He decided to put it in an account whic...
A: Here, Amount Received today (PV) is $15,000 Amount Required (FV) is $25,000 Interest Rate (r) is 5.5...
Q: Assume that you want to deposit an amount (BD120,000.00) into an account three years from now in ord...
A: Time Value of money: Money received today is worth more than money received later, according to the ...
Q: Valuation of a constsnt growth stock Investors require a 15% rate of return on levine company stock ...
A: The dividend Discount Model would be considered as the model under which the price of the stock is d...
Q: Tea and Crumpet’s Inc. needs $11,302.77 to purchase a new commercial oven. If the company can afford...
A: Here, Required Amount (FV) is $11,302.77 Amount Deposited Today (PV) is $6,400 Interest Rate (r) is ...
Q: It is now January 1. You plan to make a total of 5 deposits of $600 each, one every 6 months, with t...
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question s...
Q: Jane Cruise has U.S. dollars ($) amounting to $1,000,000, and is provided with the following quotes:...
A: Here, Bank C: Euro/US Dollar = €0.8529/$ Bank C: British Pound / US Dollar=£0.7601/$ Bank D: British...
Q: Question 1: Know your numbers! You are a student at the University of North Anywhere. There are thre...
A: The cost price index shows the effect of inflation on the economy. It is one of the ways to calculat...
Q: Why does business risk vary from industry to industry?
A: Risk refers to an uncertain situation or the more likeliness of occurring a loss. Therefore, there i...
Q: The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez’s autograph stamped on them...
A: Selling price = $25 Variable cost = $14 Fixed cost = $25850
Q: A family purchased a house with a 15 year mortgage at 7.375% compounded monthly. The monthly payment...
A: Mortgage are the loan which is taken by the individual to meet its financial requirements. The mortg...
Q: Suppose you invest $5,000 into a mutual fund that is expected to earn a rate of return of 7%. The am...
A: Mutual Fund is an investment option where large number of investors put their investment amount coll...
Q: In 300 words describe what the one-year principle is?
A: Since you have posted a multiple question, we will be solving the first question as per our guidelin...
Q: Conn Man’s Shops, a national clothing chain, had sales of $440 million last year. The business has a...
A: To meet the business financial needs and operate the business, companies raise the funds from extern...
Q: You recently received a letter from Chase National Bank that offers you a new credit card that has n...
A: The APR(annual percentage rate) of 20% is the general quote made for credit card but because payment...
Q: What single payment six months from now would be economically equivalent to payments of $650 due (bu...
A:
Q: Which technique is expected to be most accurate in the valuation of an operating retail shopping cen...
A: The analytical process of determining the current (or future) worth of an asset or a firm is known a...
Q: You are provided with the following quotes: AUDIS 1.4873 - 79 Yen/s 111.4771 - 77 Calculate the $/AU...
A:
Q: eives a series of four annual federally subsidized student loans,$5600 each for at 6.6%. To defray r...
A: Loans are be paid by monthly payment that carry the interest payment and principal payment of loans ...
Q: a) Explain the term 'annuity'. b) What is meant by 'investment appraisal? c) Explain the term 'usefu...
A: As you have asked a question with multiple parts, we will solve the first 3 parts as per the policy ...
Q: 4. Identify someone you know who works in a business organization. Talk with that person to learn ab...
A: Since multiple questions are given , we will solve 1st question as per prescribed policy. Setting or...
Q: Use the Black-Scholes formula to find the value of the following call option. (Do not round intermed...
A: Stock Price $ 62.00 Exercise Price $ 62.00 Standard Deviation 40% Risk Free Rate 4% ...
Q: you have two investmwnts, each of which has a 0.8% chance if a loss $12 million and a 99.2% chance o...
A: The process of discovering, analysing, and controlling threats to an organization's capital and prof...
Q: " "vulnerability," a
A: Threat : A declaration of purpose to cause someone pain, harm, damage, or other hostile action as re...
Q: O a. International banks serve retail cients, corporations or individuals with forex transactions. O...
A: International banks provide the major platform of the Foreign exchange market. It provides a platfor...
Q: Which of the following can lead to an increase in the net working capital of a firm? A. A decrea...
A: Net working capital = Current Assets - Current Liabilities
Q: You decide to invest in a portfolio consisting of 25 percent Stock A, 35 percent Stock B, and the re...
A: The portfolio return is computed based on weighted returns based on different states of the economy.
Q: 10. Three years from now you will sell 10 ounces of gold and immediately deposit the proceeds for tw...
A: The future value of Investment is calculated using compounding the interest rate on the initial Inve...
ABC Bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank at the end of 5 years if he deposits P3,000 every month?
-
P191,826.38
-
P198,126.38
-
P189,126.38
-
P189,216.38
Step by step
Solved in 4 steps
- You put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the third year. B. Use the future value of $1 table In Appendix B and verify that your answer is correct.You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.Refer to the present value table information on the previous page. What amount should Brett have in his bank account today, before withdrawal, if he needs 2,000 each year for 4 years, with the first withdrawal to be made today and each subsequent withdrawal at 1-year intervals? (Brett is to have exactly a zero balance in his bank account after the fourth withdrawal.) a. 2,000 + (2,000 0.926) + (2,000 0. 857) + (2,000 0.794) b. 2,0000.7354 c. (2,000 0.926) + (2,000 0.857) + (2,000 0.794) + (2,000 0.735) d. 2,0000.9264
- Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $2,500 over the next 4 years when the interest rate is 15%, how much do you need to deposit in the account? B. If you place $6,200 in a savings account, how much will you have at the end of 7 years with a 12% interest rate? C. You invest $8,000 per year for 10 years at 12% interest, how much will you have at the end of 10 years? D. You win the lottery and can either receive $750,000 as a lump sum or $50,000 per year for 20 years. Assuming you can earn 8% interest, which do you recommend and why?Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $4,200 over the next 6 years when the interest rate is 8%, how much do you need to deposit in the account? B. If you place $8,700 in a savings account, how much will you have at the end of 12 years with an interest rate of 8%? C. You invest $2,000 per year, at the end of the year, for 20 years at 10% interest. How much will you have at the end of 20 years? D. You win the lottery and can either receive $500,000 as a lump sum or $60,000 per year for 20 years. Assuming you can earn 3% interest, which do you recommend and why?A rural bank pays interest at the rate of 2% compounded quarterly. If Neil deposits P3,000 every month, how much money will he have in the bank at the end of 5 years? a. P198,674.80 b. P189,126.38 c. P199,587.60 |d. P187,326.48
- 1. At the beginning of each quarter, P36,000 is deposited into savings account that pays 6% compounded semiannually. Find the balance in the account at the end of three years. 2. ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank at the end of 5 years if he deposits P3,000 every month? 3. What is the present value of an annuity of P150,000 payable at the end of each 6-month period for 2 yea if money is worth 8% compounded semiannually?1. You deposited PHP1, 500 in a bank with an interest rate of 5% for 1 year. What is the future value of your deposit? 2. FNB pays 6% interest compounded semi-annually. SNB pays 6% compounded monthly. Which bank offers the higher effective annual rate? 3. You deposit PHP1, 000 in your bank account. If the bank pays 4% simple interest, how much interest will you accumulate in your account after 10 years?. a. What if the bank pays compound interest? 4. Mr. Sotto won PHP10 million in the lottery. He was very excited to collect his winnings and had several plans for his PHP10 million. He would buy his dream house, car, and a lot more. However, he was very disappointed when the officers from PCSO said that he will not get his PHP10 million pesos upfront. He, however, has the following options: Get 8.1 million upfront Receive 1 million every year for 10 years Receive 1.8 million every year for 5 years a. The current government bonds have a yield of 5% per annum. Which is the best option?…You have a bank deposit now worth $5000. How long will it take for your deposit to be worth more than $8000 if a. The account pays 5 percent actual interest every half-year and is com- pounded every half-year? b. The account pays 5 percent nominal interest, compounded semiannually?
- If you deposit $100 in a savings account at the end of each month for 2 years, the balance will be a function f (r) of the interest rate, r%. At 7% interest (compounded monthly), f (7) = 2568.10 and f (7) = 25.06. Approximately how much additional money would you earn if the bank paid 7 1/2 % interest?It is now January 1, 20x8. Today you will deposit P100,000 into a savings account that pays 8%. a. If the bank compounds interest annually, how much will you have in your account on January 1, 20x9? b. What will your January 1, 20x9 balance be if the bank uses quarterly compounding1. If you deposit OMR 32000 today in to a bank account that pays 4% interest compounded, how much money would you have in the account at the end of 5 years.
