5. Suppose you can earn 10% interest compounded annually. How much would you need to invest...
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5. Suppose you can earn 10% interest compounded annually. How much would you need to invest today (assume it's January 31, 2018) in order to have $1,000 on January 31, 2026? ANSWER ANSWER F N Suppose you can earn 10% interest compounded semi-annually. How much would you need to invest today January 31, 2018) in order to have $1,000 on January 31, 2026? PMT= PV= FV= ANSWER N= PMT= PV= FV= At 10% interest compounded quarterly, what is the present value of $1,000 to be received 8 years from now? I= N= PMT= PV= FV= At 10% interest compounded monthly, what is the present value of $1,000 to be received 8 years from now? PMT= |FV= 5. Suppose you can earn 10% interest compounded annually. How much would you need to invest today (assume it's January 31, 2018) in order to have $1,000 on January 31, 2026? ANSWER ANSWER F N Suppose you can earn 10% interest compounded semi-annually. How much would you need to invest today January 31, 2018) in order to have $1,000 on January 31, 2026? PMT= PV= FV= ANSWER N= PMT= PV= FV= At 10% interest compounded quarterly, what is the present value of $1,000 to be received 8 years from now? I= N= PMT= PV= FV= At 10% interest compounded monthly, what is the present value of $1,000 to be received 8 years from now? PMT= |FV=
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5 Using annual compounding N 8 years PMT 0 PV FV 1000 Interest r... View the full answer
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Posted Date:
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