1.An investment will give you monthly payments of $474 for 5 years. If your required return is 10.84%, what is it worth today?

2.You will invest $140 per month. If the rate is 8.5%, how much will you have in 14 years?

3.You bought a car and will pay back $291 per month for 48 months. If the rate is 3.58%, how much did you borrow?

4.You would like to have $14,857 in 14 years.. If the rate is 7.88%, how much do you have to invest each year?

5.You would like to have $49,762 in 15 years. If the rate is 8.78%, how much do you have to invest each month?

6.you will invest $200 per year. If the rate is 8.83%, how much will you have in 13 years?

7.you bought a car and borrowed $22,650 for 48 months. If the rate is 4.27%, what is your monthly payment?

8.An investment that will give you monthly payments for 10 years costs $98,851. If your required return is 11.54%, what is the monthly payment?

9.A preferred stock will pay a dividend of $2 per year. If the annual return is 6.56%, what is the stock worth today?

10.A preferred stock will pay a dividend of $2 per quarter. If the annual return is 7.56%, what is the stock worth today?

Answer rating: 100% (QA)

Answer 1 Monthly payment 474 Number of payments 125 60 Required rate of return 1084 pa Monthly rate ... View the full answer