Question: PLEASE ANSWER ALL, I am unable to post individually. Do NOT answer, if not going to complete, and or request to post the remaining separately.
PLEASE ANSWER ALL, I am unable to post individually. Do NOT answer, if not going to complete, and or request to post the remaining separately. Thank you !
12.Your finance textbook sold 51,500 copies in its first year. The publishing company expects the sales to grow at a rate of 24 percent each year for the next three years and by 10 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in years 3 and 4. (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answers to the nearest whole number.)
13.Find the future value of an investment of $1,900 made today for the following rates and periods: (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your answers to the nearest penny.)
-6.25 percent compounded semiannually for 12 years. -7.63 percent compounded quarterly for 6 years.
-8.9 percent compounded monthly for 10 years.
-10 percent compounded daily for 3 years.
-8 percent compounded continuously for 2 years.
14. Find the present value of $3,900 under each of the following rates and periods: (Round your final answer to the nearest penny.) -8.9 percent compounded monthly for five years.
-6.6 percent compounded quarterly for eight years. -4.3 percent compounded daily for four years. -5.7 percent compounded continuously for three years.
15.You are going to deposit $650 in a bank CD today, and you will withdraw the money only once the balance is $1,000. If the bank pays 6 percent interest, how long will it take for the balance to reach $1,000? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 1 decimal place, e.g. 5.4.)
16.Pharoah Company is a private company with sales of $1,400,000 a year. Management wants to take the company public but has to wait until the sales reach $2,000,000. If sales are expected to grow 12 percent annually, when is the earliest that Pharoah will go public? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 1 decimal place, e.g. 5.4.)
17.Pharoah Technologies, Inc., an Indian technology company, reported net income of $424,000,000 this year. Analysts expect the companys earnings to be $1,600,000,000 in five years. What is the expected growth rate in the companys earnings? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, e.g. 8.72%.)
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