Shane wants to invest money in a 4% CD that compounds semiannually. Shane would like the account to have a balance of $160,000 four years from now. How much must Shane deposit to accomplish his goal? (FV of $1, PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.) Multiple Choice $147,815 $136,558
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- Bill O’Brien would like to take his wife, Mary, on a trip three years from now to Europe to celebrate their 40th anniversary. He has just received a $20,000 inheritance from an uncle and intends to invest it for the trip. Bill estimates the trip will cost $26,600. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What interest rate, compounded annually, must Bill earn to accumulate enough to pay for the trip? (Round your interest rate to the nearest whole percentage.) Present Value = n = i = Future Value =Kershaw wishes to accumulate $2 million by the end of 40 years by making equal annual end-of-year deposits over the next 40 years. If he can earn 10 percent on his investments, how much must he deposit at the end of each year? Must Identify variables and use excel m Nper (or N) =n*m Rate (or I/Y)=i/m PV PMT FVJohn has an investment opportunity that promises to pay him $16,000 in four years. He could earn a 6% annual return investing his money elsewhere. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What is the maximum amount he would be willing to invest in this opportunity? (Round your final answers to nearest whole dollar amount.)
- 1. Natalie won the lottery and is deciding between the options of receiving the annual payment option of $450,000 per year for 25 years beginning today, or receiving one lump-sum amount today. Natalie can earn 5% investing this money. At what lump-sum payment amount would she be indifferent between the two alternatives? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)Alicia is considering two offers-to-purchase that she has received on a residential building lot she wishes to sell. One is a cash offer of $145,000. The other offer consists of three payments of $49,000-one now, one in six months, and one in twelve months. Which offer has the larger economic value if Alicia can earn 4.4% compounded quarterly on low-risk investments? How much more (in current dollars) is the better offer worth?Mira has saves $ 25000 over the years and she has the option of investing it in either of the 2 investment plans. Investment A offers 12 percent compounded monthly Investment B pays 13 percent interest compounded semiannually. What would be the difference between the future values of the 2 investments if Mira investment horizon is 7 years a. 2703.78 b. 4204.52 c. 1152.34 d. 3577.87 e. 3250. 22
- Jane Bauer has won the lottery and has the following four options for receiving her winnings: Receive $100,000 at the beginning of the current year Receive $108,000 at the end of the year Receive $20,000 at the end of each year for eight years Receive $10,000 at the end of each year for 30 years Jane can invest her winnings at an interest rate of 8% compounded annually at a major bank. Use the appropriate present or future value table: FV of $1, PV of $1, FV of Annuity of $1 and PV of Annuity of $1 Calculate the Present value for each of the above options. Round all answers to the nearest dollar. Present Value Option 1 $fill in the blank 1 Option 2 $fill in the blank 2 Option 3 $fill in the blank 3 Option 4 $fill in the blank 4 Which of the payment options should Jane choose?Your friend already has $20,000 in an investment account. In addition to this amount, she is considering investing $5,000 at the end of year 1 with this amount growing at 6% p.a. until the end of year 5. If the interest rate earned by the investment account is expected to be 8% p.a., the total amount she will have accumulated in this account at the end of five years is closest to: Group of answer choices $29,387. $32,776. $62,162. $66,120.Your friend is considering buying a property for Sh, 50,000. If purchased the property will be financed 60% by debt at 15% p.a. payable monthly for 5 years. The property will generate NOI of Sh, 5,000 and Sh, 8,000 in year 1 and 2 respectively. The property can be sold for Sh, 60,000 at the end of year 2. The required rate of return is 25%. Calculate the BTIRR and advise. (Show your workings to a reasonable extent)
- A local entreprenuer asks you to invest $10,000 in a business venture. Based on your estimate, you would receive nothing for three years at the end of the four you would receive $4900, and at the end of year five you would receive $14500. If you estimates are correct, what would be the IRR on this investmenet?Gabrielle just won $2.7 million in the state lottery. She is given the option of receiving a of $1,200,000 now, or she can elect to receive $90,000 at the end of each of the next 30 years. If Gabrielle can earn 5% annually on her investments, which option should she take? If Gabrielle takes the prize as an annuity, the present value of the 30-year ordinary annuity is? Can you do it in an excel format?Starratt Alexander is currently considering investing specified amount in each of four in vestment opportunities described below. For each opportunity, determine the amount of money starratt that will have at the end of the given investment horizon Investment A: invest a lump sum of R2750 today in an account that pays 6% annual interest and leave the funds on deposit for exactly 15 years. Investment B: invest the following amount at the beginning of each of the next five years in a venture that will earn 9% annually and measure the accumulated value at the end of exactly 5%: Beginning of the year amount 1 R 900 2 R 1000 3 R 1200 4 R 1500 5 R 1800 Investment C: invest R 1200 at the end of each year in an account that pays 10% annual interest and leave, and determine the account balance at the end of year 10. Investment D: make the same investment as in investment C but place the…
