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- A(n) 16-year bond has a coupon of 6% and is priced to yield 13%. Calculate the price per $1,000 par value using semi-annual compounding. If an investor purchases this bond two months before a scheduled coupon payment, how much accrued interest must be paid to the seller? The price of the bond, PV, is $nothing. (Round to the nearest cent.)A small gold mine yielded an equipment of Php. 500,00.00 during its first year of operation. Php 460,000.00 on its second year, and amount decreasing by Php. 40,000.00 every year, what is its equivalent annual yield if interest rate is 10%? Pls include the cash flow diagramYou own a manufacturing business and are considering the purchase of a labor-saving device. You project that the device will last 12 years and save you $750 per month in labor costs (assume that the savings are realized at the end of each month). At the end of 12 years, you project you can sell the device for a salvage value of $12,000. Assuming that you can earn 9% compounded monthly on your money, what is the value of the device?
- In the CF diagram shown below, compute the Future amount F at the end of 6 yrs if i = 6% compounded annualy.True or False 1. For any economy study based on our discussions, it is always necessary to determine the profit to evaluate thebetter/best alternative.2. If simple interest is evaluated, then the interest obtained will always be directly proportional to the number of years assuming that a constant interest rate is used throughout these years.A television set can be bought by 12 monthly payments of P800.00. Money worth to the appliance store is 24% compounded monthly. What is the cash value of the appliance?A. ₱7,820.50 B. ₱8,460.27 C. ₱8,990.22 D. ₱7,330.25
- Nabil is considering buying a house while he is at university. The house costs $200000 today. Renting out part of the house and living in the rest over his five years at school will net, after expenses, $1500 per month. He estimates that he will sell the house after five years for $214000. If Nabil's MARR is 6 percent compounded monthly, should he buy the house? Use present worth.The equivalent compounding discount rate to the 5% compounding interest rate if the time of the investment is 3 years, the frequency of compounding in semi-annual and the amount of the investment is 2000 use is: a. 5.13% b. 4.35% c. 6% d. 4.88%a) Find the Future Value of an annuity for$1000 paid at the end of each year for 3 years assuming interest is compounded annually at 7%? b) Julie Miller will receive the set of cash flows below. What is the Present Value at a discount rate of 10%. Year one 500, year two 500, year three 300, year four 300 and year five 150. c) Perpetuity has no time limit. The present value of $100 perpetuity discounted at 15% is?
- You finish your engineering degree with $17,350 in student loans. The interest rate on your loans is 0.6% per month. The loan repayment period is 10 years and your monthly payment is set to be $203.24 [= $17,350(A/P, 0.6%, 120)]. Question 1: You can reduce the interest rate to 0.5% per month if you agree to repay the loan over the next 5 years. If you agree to this, how much is the monthly payment? Round your answer to the nearest cent (e.g., 473.24). Question 2:Q) A civil engineer planning for her retirement places 11% of her salary each year into a high-technology stock fund. If her salary this year (end of year 1) is $200,000 and she expects her salary to increase by 4% each year, what will be th future worth of her retirement fund after 14 years provided it earns 8% per year? Solve it correctly. Typed or handwriting with concept use. Not solve in excel works.What is the value of an investment of Php 3,500 after 2 years if it earns 1.5% compounded quarterly?