Help please What is the balance after 2years on a CD with an initialinvestment of $3,500.00 and a2% interest rate?A. $10,150.00B. $3,505.80C. $3,703.00D. $3,641.40o3- 2021 Acellus Corporation. All Rights Reserved.60°F CI

FV = PV* (1 + r / n)nt Where, PV = Present value FV = Future value r = Rate of interest (percentage…

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Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Consider the following amortization schedule: Payment # Payment 1 966.45 2 966.45 3 966.45 Interest Debt Payment 750.00 748.92 X 216.45 217.53 Y Balance 149, 783.55 149,566.02 2 With the exception of column one, all amounts are in dollars. Calculate . Give your answer in dollars to the nearest dollar. Do not includo ar or the dollar sign in your answor
*see attached What is the interest income for the current year? a. 1,297,905b. 1,357,905c. 900,000d. 870,168
During the course of your examination of the financial statements of Sunland Corporation for the year ended December 31, 2025, you found a new account, "Investments." Your examination revealed that during 2025, Sunland began a program of investments, and all investment-related transactions were entered into this account. Your analysis of this account for 2025 follows: Date-2025 Feb. 14 July 26 Sept. 28 Apr. Oct. 28 30 Sunland Corporation Analysis of Investments Account For the Year Ended December 31, 2025 (a) Blossom Company Common Stock Purchased 3,900 shares @ $66 per share. Received 390 shares of Blossom Company common stock as a stock dividend. (Memorandum entry in general ledger.) Sold the 390 shares of Blossom Company common stock received July 26 @ $70 per share. (b) Daniel Inc. Common Stock Purchased 18,100 shares @ $42 per share. Received dividend of $1 per share. Debit $257,400 $760,200 Credit $27,300 $18,100
Use the amortization table to determine how much of the 8th payment is interest E Click the icon to view the amortization table. Amortization Table - X The interest amount af the Bth pnyment is S (Type an integer or a decimal.) Amortization Table Рауment Number Amount of Payment Interest Portion to Principal Principal at End of Period for Perlod $1000.00 $918.93 $86.07 $5.00 $81.07 $86.07 $4.59 $81.48 $837.46 $755.57 $86.07 S4.19 $81.88 $86.07 $3.78 $82.29 5673.28 $86.07 $3.37 $82.70 $590 58 S86.07 $86.07 $2.96 $83.12 $507 46 $423.93 $2.54 $83.53 $83.95 $86.07 $2.12 $339.08 $86.07 $1.70 $1.28 S84.37 $84.79 $255.61 10 $86.07 $170 82 $85.60 11 $86.07 S0.85 $85.22 12 S86.03 $0.43 S05.00 $0.00 Print Done
From the partial/incomplete amortization table below. what is the perlodic tgot payment for the 1st period? Interest Раyment Periodie Repayment Outstanding Principal 7,000,000.00 Periodic Period Payment 0. 100,000 00 100,000 00 100,000 00 60,000 00 O P160,000 00 O PI30.000.00 P40,000 00 P60.000 00 0123
*see attached Determine the total current liabilities:a. P 1,300,000b. P 1,800,000c. P 2,200,000d. P 3,600,000
. Estimate the duration of Deposit NBank Balance SheetCash = $ 50Loan M (7%, 6 years) = $200Deposit N (3 years, 2%) = $ 200Equity = $ 50Total Assets = $250Total Liabilities = $ 250 a.1.94 b. 2.94 c. 3.94 d. 4.94
If current assets = OMR125, net fixed assets = OMR300, long- %3D %3D term debt = OMR80, and owners' equity = OMR275, what is the %3D value of current liabilities if it is the only other item on the balance sheet? Select one: O a. OMR 70 O b. OMR240 O c.-OMR35 O d.OMR425 O e. OMR 35
3) A nore tor a00 dared ogust , 7010S due with oumpound interest at fa94, * geao atter 60re on NOUember , 2011 the holde of the nore has It discourned by a lend or who charges 1:3,60 coumpounded annuaiy- petgrmine the alue Ot the atter years.
*see attached What amount of interest income should be recognized by Ripple for the year ended December 31, 2020? a. 244,080b. 200,000c. 204,492d. 240,000
What is the situation that best describes the following amortization schedule? Payment # Amount Paid Interest Portion Principal Portion Principal Balance 12,000.00 1 3,132.39 210.00 2,922.39 9,077.61 2 3,132.39 158.86 2,973.53 6,104.08 3,132.39 106.82 3,025.57 3,078.51 4 3,132.38 53.87 3,078.51 0.00 Total 12,529.55 529.55 12,000.00 a. Reuben received a loan of $12,000 from a bank to purchase office supplies. He obtained the loan at an interest rate of 7% compounded quarterly for 1 year. Calculate the size of her end-of-quarter payments and construct an amortization schedule for his loan. b. Fabrizio received a loan of $12,000 from a bank to purchase office supplies. He obtained the loan at an interest rate of 70% compounded quarterly for 1 year. Calculate the size of her end-of-quarter payments and construct an amortization schedule for his loan. C. Reuben received a loan of $12,000 froma bank to purchase office supplies. He obtained the loan at an interest rate of 7% compounded every…
Consider the following amortization schedule: Payment #| Payment Interest Debt Payment Balance 1 966.45 750.00 216.45 149, 783.55 2 966.45 748.92 217.53 149, 566.02 3 966.45 With the exception of column one, all amounts are in dollars. Calculate z. Give your answer in dollars to the nearest dollar. Do not include commas or the dollar sign in your answer.

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What is the balance after 2 years on a CD with an initial investment of $3,500.00 and a 2% interest rate?