Question: Note: Draw a cash flow for each case and then calculate the required value. 11. Determine future worth of the following series of investments: a.

 Note: Draw a cash flow for each case and then calculate

Note: Draw a cash flow for each case and then calculate the required value. 11. Determine future worth of the following series of investments: a. 75,000TL invested at the end of each six-month period for 10 years at 10.2% compounded semiannually. b. 75,000 TL invested at the end of each six-month period for 10 years at 10.2% compounded quarterly. c. 25,000TL invested at the end of each quarter for twelve years at 9.2% compounded quarterly. d. 25,000TL invested at the end of each quarter for twelve years at 9.2% compounded monthly. e. 25,000TL invested at the end of each quarter for twelve years at 9.2% compounded quarterly. f. 22,000TL invested at the end of each month for eight years at 8.4% compounded monthly. g. 22,000TL invested at the end of each month for eight years at 8.4% compounded quarterly. h. 22,000TL invested at the end of each month for eight years at 8.4% compounded annualy. 12. Ahmet is purchasing an automobile for 25,000 dolars, which is to be paid for in 60 monthly installments of 489.15 dolars. What effective annual interest rate is he paying fort his financing arragement? 13. On a 600,000TL home mortgage loan with a 15 -year term at 12% annual percentage rate (nominal rate) compounded monthly, compute the total payments on principal and interest over the first five years of ownership. 14. What will be the required monthly payment to repay a loan of 72,000TL in 8 years if the interest rate is 10.5% compounded continuously? 15. How much money will you have in 7 years if you deposit 7,000TL in the bank at 8.5% interest compounded Daily? 16. Suppose a bond has a face value of 10,000TL. It pays 10% annual rate and matures after 5 years from now. The bond holder wants to sell it and you would like to purchase it. What price should you offer if you want to earn 12% per year

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