Question: Hello, I need someone to do the following problems (pen and paper, not excel) and take a picture of them showing how they got the
Hello,
I need someone to do the following problems (pen and paper, not excel) and take a picture of them showing how they got the solutions? Please help!!!
You think you can deposit $4,000 at the end of each of the next 3 years in an account earning 8%. You currently have $7,000 in the account. How much will you have at the end of each of the next 3 years? If you stop the deposits, what will you have at the end of the fourth year?
You are offered an investment that will pay you $200 in one year, $400 the next year, and $600 the next year, and then $800 the next (all payments are made at year end). You can earn 12% on similar investments. What is the most you would pay for this one?
You are offered an investment that will make 3 $5,000 payments. The first payment will occur 4 years from today, the second will occur 5 years from today, and the third will occur 6 years from today. What is the present value of the cash flows if similar investments can earn 11%?
You have been offered a contract to play professional sports. You will receive a $37 million signing bonus and receive $12.6 million a year at the end of each of the next 5 years. It is being touted as a $100 million contract. Is it? How much is it really worth if a 10% discount rate is applicable?
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