The current minimum wage is P400 per day. If minimum wage is scheduled to be adjusted every 2 years (starting 2 years from now) at an average inflation rate of 5%, how many years would it take for minimum wage to hit the P1000 level?
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- With an annual inflation rate of 1.45%, how much did an item that costs $8000 now cost 3 years prior? Round your answer to the nearest cent.An item presently costs P2,000. If inflation is at the rate of 8% per year, what will be the cost of the item in three years?You make $10,000 deposit 1 year from now, $15,000 deposit 3 years from now and $20,000 deposit 5 years from now in real dollars. You plan to retire 30 years from now. What monthly income you will receive due to these deposits, in real dollars, over five years after the retirement? The first payment would be received at the end of the first month after the retirement and the last payment on the month ending the fifth year. The nominal rate is 8.5% and the inflation expectations are 3.2%. Please use excel
- You make $10,000 deposit 1 year from now, $15,000 deposit 3 years from now and $20,000 deposit 5 years from now in real dollars. You plan to retire 30 years from now. What monthly income you will receive due to these deposits, in real dollars, over five years after the retirement? The first payment would be received at the end of the first month after the retirement and the last payment on the month ending the fifth year. The nominal rate is 8.5% and the inflation expectations are 3.2%.Suppose that you borrow $60,000 at 9% compounded monthly over five years. Knowing that the 9% represents the market interest rate, you compute the monthly payment in actual dollars as $1245.51. If the average monthly general inflation rate is expected to be 0.25%, determine the equivalent equal monthly payment series in constant dollars.(a) $1159(b) $1375(c) $1405(d) $1415If the 3-month CD rate is 1.2% (annual) in Thailand and if the expected annual inflation is 5.7%, what is the real annual interest rate?
- At 10% interest, a $20,000 payment 10 years from now is equivalent to an annual payment for 15 years. The equivalent uniform annual payment is approximately?At present, you invest 10,000 pesos in a 15% security for 5 years. During the time, the average annual inflation is 6%. How much, in terms of present pesos, will be the account of maturity? Using this formula F=P(1+f)^n.A growing monthly perpetuity will start 6 months from today. If the discount rate is 6% APR compounded monthly, what is the value of the perpetuity today (at time t=0) if the growth rate is 1.2% APR compounded monthly and the first payment is $100?
- The 6-month Treasury bill spot rate is 4%, and the 1-year Treasury bill spot rate is 5%. What is the implied 6-month forward rate for six months from now?With how many monthly payments that increase by $ 20,000 each month, the value of an obligation of $ 80,000,000 is canceled? If the interest rate is 2.8% per month and the first installment is $ 3,200,000. What will be the value of quota 20?At a time when the inflation rate is 8% per year, $100,000 (future dollars) 15 years from now is equivalent to how many of today’s constant-value dollars? Solve manually please