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A: Hi, since you have posted multiple question, we will answer only the first one, as per guidelines.…
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A: Present Value Factor=1(1+rate)term
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A: The Future Value: The Future Value is the value of an investment, which might either be a lump sum…
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: Interest Rate = 5% Cash Flows: Year Cash Flow 1 30000.00 2 30000.00 4 30000.00 5 30000.00…
Q: John and Marsha are in an argument about an investment which requires a series of six annual…
A: The question is based on the concept of Financial Management.
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A: Present Value(PV) is current value of a Future amount. It is calculated by discounting that future…
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A: Comment; We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
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A: Real rate: It is the rate in which the effect of inflation has been adjusted.
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A: Annuity is a stream of uniform cash flows over a period of time
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A: note : Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…
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Stanley Roper has $2,300 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,900 in 4 years. What interest rate would the investment have to yield in order for Stanley’s brother to deliver on his promise? (Answer needs to be stated as a decimal. For example: .1192) Round to four decimal places.
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- Chris wants to have an income of $8200 per year from investments. To that end he is goingto invest $90,000 in three different accounts. These accounts pay 6%, 10%, and 12% simpleinterest. If he wants to invest the same amount in the account paying 6% simple interest ashe has in the account paying 12% simple interest, how much should go into each account?Chester hopes to earn $1200 in interest in 2.5years time from $60,000that he has available to invest. To decide if it's feasible to do this by investing in an account that compounds monthly, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. What would the annual rate of interest have to be? Round to two decimal places.Abdullah is looking to invest for the next three years. He is looking to invest OMR 7500 today in a bank CD that will earn interest at 5.75 percent annually. How much will he have at the end of three years? Select one: a. 8780.75 OMR b. 8869.56 OMR c. 8000.43 OMR d. 8681.46 OMR e. None of these
- Wendy has $8,000.00 invested in a bank that pays 13.75% annually. How long will it take for her funds to triple?Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72. A. 8.53 years B. 6.48 years C. 8.36 years D. 7.50 years E. 10.66 yearsGeorge Robinson must decide how to invest $11,000 that he just inherited. What would be the future value of his investment after 4 years under each of the following three investment opportunities? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.)a. 6.47 percent compounded quarterly. Value of investment after 4 years $ b. 6.09 percent compounded monthly. Value of investment after 4 years $ c. 6.09 percent compounded continuously. Value of investment after 4 years $Wendy has $23,000.00 invested in a bank that pays 9.75% annually. How long will it take for her funds to triple?Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72.
- Mr. Adam saved some money to invest, and he found an investment that pays 12 percent per year. That rate sounds good to Adam, so he invested $400. How much will Adam have in three years? How much will Adam have in seven years? At the end of seven years, how much interest will Adam have earned? How much of that interest results from compounding? ( please provide the answers with step by step calculations in detail)James Smith plans to save $4,000 every year for the next eight years, starting today. At the end of eight years, James will turn 30 years old and plans to use his savings toward the down payment on a house. If his investment in a mutual fund will earn him 12.0 percent annually, how much will he have saved in eight years when he buys his house? (Round factor values to 4 decimal places, e.g. 1.5212 and final answer to 2 decimal places, e.g. 15.25.)Jamil invested $9,500 in an account he expects will earn 5% annually. Approximately how many years will it take for the account to double in value? (Round the number of years to the nearest whole number.) Group of answer choices 8 9 10 11 14
- Sarah Wiggum would like to make a single investment and have $2.0 million at the time of her retirement in 35 years. She has found a mutual fund that will earn 4 percent annually. How much will Sarah have to invest today? If Sarah earned an annual return of 14 percent, how soon could she then retire? If Sarah can earn an annual return of 14 percent, the number of years until she could retire is________years. (Round to one decimal place.)Mike Gordon wishes to have $80,000 in five years. If he can earn annual interest of 2%, how much must he invest today? a. $42,170 b. $72,480 c. $76,080 d. $88,320Brian White is planning to save up for a trip to Europe in three years. He will need $8,700 when he is ready to make the trip. He plans to invest the same amount at the end of each of the next three years in an account paying 6 percent. What is the amount that he will have to save every year to reach his goal of $8,700 in three years? (Round answer to 2 decimal places, e.g. 5,275.25.)
