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- A holiday trailer depreciates in value between 10% to 15% per year. If your family purchases a holiday trailer for $29,000.00 and they plan on selling it in 4 year, what is the most that they could expect to sell it for if these depreciation percentages are correct?You estimate that you can save $9,000 by selling your home yourself rather than using a real estate agent. What would be the future value of that amount if invested for five years at 6 percent? I need help to use appropriate factor(s) from the tables provided when it comes to rounding the time value factor to 3 decimal places and final answer to 2 decimal places. Future value= ???I purchased a house and intend to hold the property indefinitely. I plan to rent the house to generate rent income. The first year’s rent is $15,000, and will grow it at the rate of 10% for 3 years after that. After the initial 4 years, the growth rate in the rent will stabilize at 5%. The maintenance will cost $5,000 a year. The appropriate discount rate is 20%. a. What is the present value of rent income? b. What is the present value of the house? c. What is the present value of maintenance costs?
- suppose you inherited 100000 and invsted it at 7% per year what's the most you can withdraw if the end of the next 10 years and have a zero balance at year 10? how much cuold you withdraw if you made withdrawals at the beginning of the yearA vacant lot is purchased for $20,000. After 5 years the lot is to be offered for sale. If the buyer requires a before-tax return on investments of 15% and inflation has averaged 4% per year over the 5-year period, what is the required selling price?You have decided that you will sell off your house, which is currently valued at $300,000, at a point when it appreciates in value to $540,000. If houses are appreciating at an average annual rate of 5% in your neighborhood, for approximately how long will you be staying in the house?
- In some housing markets, it is predicted that homes will continue to appreciate at 4% per year into the future. If you purchase a home for $435,500.00, what can you expect to sell it for after 11 years, if this appreciation percentage is correct?(a) You purchased a rental property for K50 000 and sold it one year later K55 000. At the time of the sale, you paid K2 000 in commission and K600 in taxes. If you received K6 000 in rental income (all of it received at the end of the year), what annual rate of return did you earn?What is the present value of an investment that pays $190 at the end of year 1, $107 at the year of year 2, and $235 at the end of year 3 if this investment earns 5% annually? your answer should be to the nearest dollar. For example, if your answer is id=mce_marker50, then input as 150.
- Suppose an individual at age 25 has an annual income of $50,000 and that this income is expected to grow at an annual rate of 2% a year over the course of her career. Assuming that she is expected to retire at the 60, what is the discounted value of her lifetime earnings? Use a discount rate of 3% when making your calculations.Consider an asset that costs $130 today. You are going to hold it for 1 year and then sell it. Suppose that there is a 25 percent chance that it will be worth $90 in a year, a 25 percent chance that it will be worth $120 in a year, and a 50 percent chance that it will be worth $160 in a year. Instructions: In parts a, b, and d round your answers to 2 decimal places. If you are entering any negative numbers, be sure to include a negative sign (-) in front of those numbers. a. What is its average expected rate of return? percent b. Next, figure out what the investment’s average expected rate of return would be if its current price were $140 today. percent c. Does the increase in the current price increase or decrease the asset’s average expected rate of return? d. At what price would the asset have a zero average expected rate of return? $Which of the following will increase the future value of a lump sum (for example, the FV of $500 to be received N years from today) Check all of the answer choices that are correct. This is an all or nothing question Thus , if a and b are both correct and you do not put both of these or you include one of the other choices , you will receive points . A decrease in N An decrease in the number of compounding periods per year (for example , the compounding changes from four times per year to one time per year ) . A decrease in the lump sum amount . A decrease in the interest rate An increase in N An increase in the lump sum amount . An increase in the number of compounding periods per year ( for example , the compounding changes from one time per year to 12 times per year ) . An increase in the interest rate