Mathematics, 21.06.2021 19:20 jackieericksonpdub87
Calculate the future value (FV) of:
$500 today invested in a financial tool with a rate of return of 12% that compounds 12 times a year for 8 years.
Question 2 options:
$1,299.64
$1,237.98
$563.00
$1,947.99
Calculate the future value (FV):
Yearly payments of $50 starting on year 1 in a financial tool with a rate of return of 10% that compounds 1 times a year for 5 years.
Question 4 options:
$330.78
$305.26
$380.78
$260.20
Calculate the present value (PV):
You would like to have $20,000 in 5 years from now to use as a down payment for a house. If you can invest at 8% APR compounded yearly, how much money will you have to invest today to meet your goal 5 years from now?
Question 5 options:
$13,448.92
$18,474.02
$13,611.66
$18,253.89
Calculate the present value (PV):
You would like to have $20,000 in 5 years from now to use as a down payment for a house. If you can invest at 8% APR compounded every three (3) months, how much money will you have to invest today to meet your goal 5 years from now?
Question 6 options:
$13,459.43
$18,474.02
$13,611.66
$18,114.62
Calculate the present value (PV):
You win the lottery and you can receive a lump sum of $300,000 or $50,000 yearly payments over 10 years. If you consider that 8% is an appropriate discount rate, what is the present value of yearly payments?
Question 7 options:
$478,686.10
$500,000.00
$335,504.07
$231,143.98
Calculate Payment
You borrow $2,000 at 5% APR to be paid back in monthly payments over 2 years. What is your monthly payment?
Question 8 options:
$144.94
$87.74
$1,075.61
$1,006.25
Amortization
You borrow $2,000 at 5% APR to be paid back in monthly payments over 2 years. How much is allocated to interest from the 20th payment made?
Question 9 options:
$2.16
$1.81
$1.45
$2.90
Answers: 3
Mathematics, 21.06.2019 16:30
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Mathematics, 21.06.2019 19:30
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For what values of the variable x is the expression square root of 7x+14+ square root of 7-x a real number?
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Calculate the future value (FV) of:
$500 today invested in a financial tool with a rate of return o...
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