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- 14. When you complete your MBA, you will treat yourself to a new car. The car you want to buy costs $25,000 and you have enough to put 20% down in cash. You can take out a loan for the rest of the cost of the car. Calculate your monthly car payments assuming the auto finance department states that the annual interest rate on the car loan is 8% and you pay the loan over a 3-year period.Give typing answer with explanation and conclusion Gustav Co. is planning to issue new 30-year bonds. The current plan is to make the bonds non-callable, but this may be changed. If the bonds are made callable after 5 years at a 5% call premium, how would this affect their required rate of return? Question 6 options: There is no reason to expect a change in the required rate of return. The required rate of return would increase because the bond would then be?5. Suppose that as a lottery prize you win a trip worth $8,000. You are uninterested in the trip, but under the terms of the prize you can collect the $8,000 in cash, but only if you do not redeem the prize for 3 years. If the interest rate is 5%, the present value of the prize is a) $6911 b) $7619 c) $8,000 d) $21,786
- 6. The buyer of a set of computer was offered the options of paying P 35,000.00 cash or P 40,000.00 at the end of 2 months. If the buyer agrees to pay at the end of two months, at what rate is he paying simple interest?2. Under what circumstances should taxpayers itemize deductions? Explain. 3. Write the difference between debit cards and credit cards. 4. Describe the difference between simple and compound interest. 5. Define the terms: mortgage and down payment? 6. In what circumstance we use formula A = Pert to calculate the %3D future value from compound interest?The present value of a series of $5 at the end of every 5 years, forever, is equal to $20. i. Calculate the effective rate of interest. ii. What is the accumulated value of $9400 invested for 10 years after a 6% discount is paid at the beginning of the investment period? Please i need answer for only subpart ii
- 4. Compute the life earnings of an engineer with a Bachelor degree that starts working with a salary of $65,000 and expected average raises of 2.5% per year and plans to work for 35 years. The bank rate is 3.5% per year. Give your answer in terms of value at retirement.1. A 3-year 10% coupon bond has $1000 face value. What is the duration of this bond? (Assume) this bond pays annual coupon and the bond yield is 8%). Alt5.What rate of simple interest will make a principal double itself in 6 years. a)16.67% b)8.33% c)33.33% d)4.16%
- uestion 3 If you want to minimize interest payments on a loan, you'll need one that has a simple interest rate so that yo John opened an account, and knew exactly how much it would be worth at the end of the year, because it used year. What is simple interest? Oa. Interest only on original amount saved or borrowed Ob. interest on original amount saved, borrowed and other interest earned Oc. a fee paid for the use of someone else's money Od. taxes on the original amount saved or borrowed L A Moving to another question will save this response. →5 Question Let Y be the present value of an 11-year term continuous annuity of $1 per year for an insured aged.x. Let х,п Y be the present value of a whole life continuous annuity of $1 per year for an insured aged.x. Given a constant force of interest, 8, show that: ()]))/(b1. How much is the total value of all these presents worth today?2. How much is the future value of all these presents at the end of 12 years?3. If Tita Rhea agrees to give her these amounts annually forever, how much is its total value worth today?4. If the presents are each made continuously throughout the year at a rate of P, multiply the present value in #7 by a suitable adjustment factor (d/δ) to determine its total present value. Type the resulting amount below.