InsmngletAExercise 1.2wellol h eomatate odi siolqmos hns qio oobiv odh dateAnswer completely.1. In five years, P1.8M will be needed to pay for a buildingrenovation. In order to generate this sum, a sinking fund orthree annual payments is established now. For tax purposes,no further payments will be made after three years. Howmuch payment is necessary if the money is worth 14% perannum? Assume a 6% inflation rate.2. Suppose your annual salary today is P500,000. How muchwill be the equivalent salary 10 years from now if the annualinflation rate is 6%.3. Suppose you purchase an insurance policy in 2018 that willprovide you a retirement fund of P2.5M in 2050. If the annualinflation rate is 8%, how much will be the purchasing powerof the said amount in 2050?4. A machine costs P200,000 today. The inflation rate is 8% peryear. How much will be the amount of an identical machineeight years from now? 1. A credit card account has an unpaid balance of P8,210 as ofApril 5, 2017. Purchases amounting to P4,045 on groceriesand P12,000 on apparels were made on April 12, 2017 andApril 15, 2017, respectively. A cash advance of P10,000 wascredited to the account with a flat rate of 5% monthly onApril 18, 2017. A cash payment of P15,000 was made onApril 30, 2017. If the company policy excludes cash advancesin the computation of the ADB, what is the total financecharges on the May 5, 2017 bill if the interest rate on the ADBis 3.5% per month?2. On October 12, a customer's credit card had a balance ofP18,000. Purchases of 5,000 and P15,000 were made onOctober 18 and October 23, respectively. A payment ofP20,000 was made on November 5. If the interest rate onthe ADB is 3.25% per month, find the finance charge on theNovember 12 bill.3. A bond with a face value of P330,000 and a 4% coupon hasa 5-year maturity period. Find the annual interest paid to thebondholder.4. A mutual fund has total assets of P500M and total liabilities ofP50M. If there are P1,500,000 outstanding shares, find the netasset value of the mutual fund.hanobolder who has

As per rule, allowed to answer first question and post the remaining in the next submission. The…

Answered: ears, P1.8M will be nee on. In order to…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Suppose that at the beginning of 2004 you invested $8,500 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below: Year Stivers Trippi 1 $11,000 $5,600 2 $12,000 $6,300 3 $13,000 $6,900 4 $14,000 $7,600 5 $15,000 $8,500 6 $16,500 $9,200 7 $17,500 $9,900 8 $19,000 $10,600 Which of the two mutual funds performed better over this time period?
1. What is the net single premium required for (x) to purchase a 10 year pure endowment with payment amount of $10,000 in 10 years given j1 = 3%, lx = 6,800 and lx+10 = 4,130. (A) $4,519 (B) $4,655 (C) $ 5,897 (D) $6,074
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Year Stivers Trippi Year 1 $10,600 $5,600 Year 2 $11,700 $6,300 Year 3 $12,700 $7,000 Year 4 $14,000 $7,600 Year 5 $15,000 $8,600 Year 6 $16,100 $9,200 Year 7 $17,200 $9,900 Year 8 $18,400 $10,700 Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations. Stivers Trippi Mean annual return (to 3 decimals)
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Year Stivers Trippi Year 1 $10,500 $5,600 Year 2 $11,800 $6,400 Year 3 $13,000 $6,900 Year 4 $14,000 $7,700 Year 5 $14,900 $8,600 Year 6 $16,100 $9,200 Year 7 $17,000 $9,900 Year 8 $18,200 $10,600 Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations. Stivers Trippi Mean annual return (to 3 decimals) % % Which mutual fund performed better?
One year ago, Big Deal Closed-End Fund had a NAV of $10.28and was selling at a(n) 16% discount. Today, its NAV is $11.58 and it is priced at a(n) 4% premium. During the year, Big Deal paid dividends of $0.33 and had a capital gains distribution of $0.91. On the basis of the above information, calculate each of the following. a. Big Deal's NAV-based holding period return for the year. b. Big Deal's market-based holding period return for the year. Did the market premium/discount hurt or add value to the investor's return? Explain. c. Repeat the market-based holding period return calculation, except this time assume the fund started the year at a(n)16% premium and ended it at a(n) 4% discount.(Assume the beginning and ending NAVs remain at $10.28 and $11.58, respectively.) Is there any change in this measure of return? Why?
Mr. Tan call his resident wife and deposited P100,000 to their joint account and the P100,000 is to be invested in the cooperative. The time deposit on bank is a 5 year term with interest rate at 7% while the other deposit to the cooperative is 1 year time deposit at 5% interest rate. (1) Compute for the interest earned after maturity date on the deposits (2) Compute for the final tax rate for the deposits. (3) Suppose that the time deposit in the bank was pre-terminated at year (4) what is the final tax rate?
A machine cost RO 50,000 in 2006. Its estimated salvage value is RO 3800 and its expected life is seven years. The accumulated depreciation for 2007 according to Sum-of-the-years-digits method of depreciation is ______________. a. RO 29,650 b. RO 28,550 c. RO 20,300 d. RO 21,450
Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the builders in the province are unethical and want to increase their profits by using substandard construction materials, but they can’t do that unless they can bribe a housing inspector into approving a substandard building. a. If bribes cost $1,000 each, how much will a housing inspector make each year in bribes? (Assume that each inspector works 52 weeks a year and gets bribed for every house he inspects.) b. There is a provincial construction supervisor who gets to hire all of the housing inspectors. He himself is corrupt and expects his housing inspectors to share their bribes with him. Suppose that 20 inspectors work for him and that each passes along half the bribes collected from builders. How much will the construction supervisor collect each year? c. Corrupt officials may have an incentive to reduce the provision of government services to help line…
A new brand of cell phone is for sale in SM Lucena at P 13,499.00 in cash or in instalment terms, P2,500.00 each month for the next 6 months at 9% compounded monthly. 1. If you were the buyer, what do you prefer? C ash or installment? 2. Why did you choose cash? Installment? 3. What is the advantage of choosing c ash basis? 4. What is the advantage of choosing installment basis?
4. A liability insurance policy has a deductible of $100,000, a policy limit of$20,000,000 and co-insurance such that the policyholder pays 20% of theremaining claim. How much does the insurer pay if the loss is: (i) $50,000(ii) $362,000(iii) $20,065,000(iv) $31,400,000
As part of the settlement for a class action lawsuit, Hoxworth Corporation must provide sufficient cash to make the following annual payments (in thousands of dollars): Year 1 2 3 4 5 6 Payment 190 215 240 285 315 460 The annual payments must be made at the beginning of each year. The judge will approve an amount that, along with earnings on its investment, will cover the annual payments. Investment of the funds will be limited to savings (at 4% annually) and government securities, at prices and rates currently quoted in The Wall Street Journal. Hoxworth wants to develop a plan for making the annual payments by investing in the following securities (par value=$1000) . Funds not invested in these securities will be placed in savings. Security Current Price Rate (%) Years to Maturity 1 $1055 6.750 3 2 $1000…
As part of the settlement for a class action lawsuit, Hoxworth Corporation must provide sufficient cash to make the following annual payments (in thousands of dollars): Year 1 2 3 4 5 6 Payment 190 215 240 285 315 460 The annual payments must be made at the beginning of each year. The judge will approve an amount that, along with earnings on its investment, will cover the annual payments. Investment of the funds will be limited to savings (at 4% annually) and government securities, at prices and rates currently quoted in The Wall Street Journal. Hoxworth wants to develop a plan for making the annual payments by investing in the following securities (par value=$1000) . Funds not invested in these securities will be placed in savings. Security Current Price Rate (%) Years to Maturity 1 $1055 6.750 3 2 $1000…

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ears, P1.8M will be nee on. In order to generate nual payments is establis er payments will be mad