Question: Please help 1. Parks Blair invested $5,000 at 8% annual interest and of the interest for 15 years. At the end of the 15 y

Please help  Please help 1. Parks Blair invested $5,000 at 8% annual interest
and of the interest for 15 years. At the end of the

1. Parks Blair invested $5,000 at 8% annual interest and of the interest for 15 years. At the end of the 15 y amount of money. To the closest dollar, investment earns interest compounded annually? left the money invested without withdrawing any ears, Parks decided to withdraw the accumulated ,what amount would he withdraw, assuming that the 2. If you are able to earn a 15% rate of return, what amount would you need to invest to have S6500 one year from now? 3 The amount you must deposit now in your savings account paying 6% interest, in order to accumulate $2,000 for a down payment 5 years from now on a new Vintage Convertible Mustang is Common Ground Corporation issued $8,000,000, 10-year bonds and agreed to make annual sinking fund deposits of $620,000. The deposits are m ade at the end of each year into an account paying 6% annual interest. To the closest dollar, what amount will be in the sinking fund at the end of 10 years? 4. Brenda Draper borrowed $120,000 on June 1, 2013, This amount plus accrued interest at 8% compounded annually is to be repaid on June 1, 2026. To the closest dollar, how much will Brenda have to repay on June 1, 2026? 5, Mango Madness is considering purchasing equipment. The equipment will produce the following cash flows: 6. Year 1 Year 2 $40,000 $30,000 Mango Madness requires a minimum rate of return of 10%, what is the maximum price Mango Madness should pay for this equipment? 7. If $22,000 is deposited in a savings account at the end of each year and the account pays interest of 5% compounded annually, what will be the balance of the account at the end of 10 years? If you are able to earn a 6% rate of return, what amount would you need to invest to have $6,500 one year from now? 8. 9. If the single amount of $5,000 is to be received in 3 years and discounted at 6%, its present value is

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