Question: 1 + Complete the table below: A P r t 5,000 5% 2 years 7.000 6,000 3 years 10,000 9,000 2% 10,000 3% 5 years
1 + Complete the table below: A P r t 5,000 5% 2 years 7.000 6,000 3 years 10,000 9,000 2% 10,000 3% 5 years 2. At what simple interest rate must your deposit of 25,000 be credited if you want to earn 5,000 worth of interest in 10 years? 3. If 100,000 is deposited at an account crediting continuous interest rate of 5%, how much will the deposit be worth after a year? 4. A certain fund currently has 100,000 and is invested at 3% compounded annually. How much withdrawal can be made at the beginning of each year so that the fund will have zero balance at the end of 11 years. 5. An amount worth 15,000 is deposited at 8% interest rate compounded annually. Illustrate the future value of the amount. 6. Find the present value of a 5-year deferred annuity at 4% interest compounded quarterly with payments of 1,000 made every quarter for 3 years. 7. ABC Inc. issued a bond with a face value of 60,000.00 and pays coupon at a rate of 2% annually. If the bond will mature in 7 years and the required annual YTM is 5%, what must be the price of the bond? 8. JFC is at 12.25 per share today at the market. Yesterday, the price per share of the stock is 10.85. If you bought 120 shares of JFC, calculate the capital gain in your stock. 9. To buy a small lot, the Santos family made a loan worth 250,000. If the loan is to be amortized into monthly payments for 10 years at an annual interest rate of 7% compounded monthly, determine the amount of money the Santos family need to pay monthly. 10. Construct the amortization schedule for the loan amortization given in number 9
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Students Have Also Explored These Related Mathematics Questions!