Find the compount amount for each of the following deposits: $15,000 at 4.6% compounded semiannually for 11 years.
Answer to relevant QuestionsFind the amount of interest earned by each of the following deposits: $27,630.35 at 4.4% compounded quarterly for 3.7 years.The Flagstar bank isn Michigan offered a 5 year certificate of deposit (CD) at 4.38% interest compounded quarterly.* On the same day on the Internet, Principle Bank offered a 5 year CD at 4.37% interest compounded monthly. ...You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,800,000 purchase price. The monthly payment on this loan will be $17,000Required:a) What ...Eight years from now you will begin to receive cash flows of $5,000 per year. These cash flows will continue for twenty years. If the discount rate is 8%, what is the present value (today) of these cash flows?1. ABC has issued a $1000 par bond with 25 years to maturity, 7% coupon rate, and semi-annual payments. Calculate the present value if the bond if the YTM is 7%.2. How would the answer to #1 change if the YTM is 9%?3. How ...
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