Mrs. Pores invested P150,000 in a bank that pays an 13% interest converted monthly. If her account balance today amounts to P168,900, approximately how many months did she invest her money? O 9 months O 10 months O 8 months O 11 months
Q: You have found three investment choices for a one-year deposit: 12% APR compounded monthly, 11% APR ...
A: Interest rate: 12% APR compounded monthly means compounding frequency is 12 11% APR compounded annu...
Q: An annuity that pays $13,000 a year at an annual interest rate of 4.42 percent costs $140,000 today....
A: Annual payment (P) = $13000 Interest rate (r) = 4.42% Present value (PV) = $140,000 Period = n
Q: An investment will have a future value equal to Php180,250 after 6 years. It has a nominal rate of 1...
A: Future value of the investment (F) = Php 180250 r = 10.5% per annum = 2.625% per quarter n = 6 years...
Q: Mrs. Pores invested ₱150,000 in a bank that pays an 13% interest converted monthly. If her account b...
A: Invested amount is P150,000 Account balance today is P168,900 Interest rate is 13% converted quaterl...
Q: why is profit maximization supposedly not the most important goal of a company
A: Profit Maximization: The process of raising the profit earning capacity of the business is known as ...
Q: If the interest rate in USD is 1%, and is 1.2% for Canadian Dollar deposits, find the forward price ...
A: The forward contract is an instrument that determines a defined rate to be paid at a predetermined t...
Q: Find the nominal rate of an investment with duration of 4 and a half years compounded once a year. T...
A: Yield to maturity can be calculated by following function in excel =RATE (nper, pmt, pv, [fv], [typ...
Q: Your best taxable investment opportunity has an EAR of 4.9%. Your best tax-free investment opportuni...
A: Given Information : Effective annual interest of taxable opportunity = 4.9% Effective annual intere...
Q: You have been offered a project paying $300 at the beginning of each year for the next 20 years. Wha...
A: Annual payment (P) = $300 Interest rate (r) = 9% Period (n) = 20 Years
Q: Stock A has a beta of 0.6 and return as per CAPM 8% and stock B has a beta of 1.2 with a return as p...
A:
Q: he advantage(s) of the gold standard in monetary system include _______. I. high inflation is less ...
A: In the historical times gold was used as currency system and but over the period it failed down due ...
Q: A portfolio is invested 24 percent in Stock G, 39 percent in Stock J, and 37 percent in Stock K. The...
A: Information Stock Weight Return G 24% 10.5% J 39% 13.0% K 37% 18.4%
Q: Compute the present value of $1,000 paid in three years using the following discount rates: 6 percen...
A: Given information : Amount to be paid in three years $1,000.00 Interest rate in year 1 6% In...
Q: a) What is the general characteristics of Risk Financing – Risk Retention Methods
A: Hi, Thanks for the Question, Since you asked multiple questions, we will answer first question for y...
Q: M purchased a small lot in a subdivision, paying ₱200,000 down and promising to pay ₱15,000 every 3 ...
A: Periodic Payment = ₱15,000 every quarter Time Period = 10 Years Interest Rate = 12% compounded quart...
Q: What is the difference between a fixed rate and an adjustable rate money market instrument?
A: Money Market instruments are the financial instruments available to the investor for the short term ...
Q: A loan of Php20,000 is expected to yield a compound amount of Php45,000 at a nominal rate of 9%. Ass...
A: Loan amount (PV) = Php 20,000 Future value (FV) = Php 45000 Interest rate = 9% Semi annual interest...
Q: (Cash conversion cycle) Sims Electric Corp. has been striving for the last five years to improve its...
A: Cash conversion cycle of a business organization ascertains the time period which a company takes to...
Q: What equal annual payment must be deposited into a sinking fund to accu- mulate $60,000 in 20 years ...
A: Sinking Funds refers to an arrangement of annuity for a definite time period for the accumulation of...
Q: nd Php 1,500 per year thereafter. Php 5,000 repair every 6 years and replaced every 12 ye
A: Given information : Year Cash flows 0 50000 1 1000 2 1000 3 1000 4 1200 5 1200 6 ...
Q: Consider the following information: State of Economy State of Economy if State Occurs Recession Boom...
A: Expected return =Summation of Probability of state of economy×Rate of return if state occurs
Q: 5. David was having a heated argument with Sue that the business should consider more than sharehold...
A: The question is based on the concept of different approaches used in corporate finance for the finan...
Q: f market is efficient, in managing an equity portfolio, you will adopt a. Indexing strategy b. Stock...
A: An efficient market is one where the security prices reflect all information available about that se...
Q: Albert Ang invested P88,000 at ABC Credit Union at 12% interest compounded quarterly. What is the ef...
A: Answer - The effective annual interest rate is the real return on a interest-paying investment when...
Q: Determine the present worth if the bond pays 12% compounded annually?
A: The present worth can be found using the PV Function in excel. PV = (RATE, NPER, -PMT, -FV, 0) RATE ...
Q: Assume that the government sets a binding price ceiling on the interest rate that banks charge on lo...
A: A price ceiling is a mandate that the price charged on certain goods or products may not rise or fal...
Q: Liquidity risk is the risk where the borrowers not being able to repay the loan leading to banks suf...
A: In general terms, liquidity risk is the risk that individual, institution is not able to meet and fu...
Q: Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence,...
A:
Q: 2. Assume a fund accumulates at a force of interest given by 6 .02t. Find the effective rate of inte...
A: Force of interest (δ) = 0.02t Let the effective interest rate in second year = r For that, we need t...
Q: When the annual cash flows are unequal, the payback period is computed by adding the annual cash flo...
A: Year Annual cf Cumulative cf 1 20000 20000 2 30000 50000 3 40000 90000 4 50000 140000 5 60...
Q: e of the investment, knowing that inflation is 3% cumulative annually and that the required profitab...
A: The internal rate of return (IRR) is a financial metric for determining the profitability of potenti...
Q: The invoice date for a bill is September 15 with the terms 2/15, n/40. The discount date and due dat...
A:
Q: The furniture store offers you no-money-down on a new set of living room furniture. Further, you may...
A: To find: Present value of furniture payments
Q: You are a senior manager at Poeing Aircraft and have been authorized to spend up to K400,000 for pro...
A: Payback Period: It is the capital budgeting tool that helps to estimate the time taken to recover th...
Q: Answer question 2, is it true or false
A: Banker's acceptances refers to that instrument in finance in which the payment is guaranteed by a ba...
Q: For any given interest rate and compounded frequency, there is always an equivalent compounded rate.
A: Effective annual compounding rate can be calculated for any given interest rate or compounding frequ...
Q: Find the nominal rate of an investment with duration of 4 and a half years compounded once a year. T...
A: Time period is 4.5years Present value of investment is Php50,010 Future Value is Php60,072.82 To Fin...
Q: A manual stamping machine currently valued at Rs. 1000/- is expected to last 2 years and costs Rs 40...
A: We need to find the present worth of costs for both machines. As manual machine's duration is 2 year...
Q: Perform profitability analysis for the two quotas
A: Profitability analysis is a type of analysis or a financial ratio which helps in assessing the profi...
Q: Solve the following problems: a. Give the discount of ₱ 750 for 15 years at 7% compounded monthly. b...
A: Present value is today's value of a future amount. It is the discounted cash flow and is computed as...
Q: Some time ago a company entered into an FRA where it agreed to receive 5.9% LIBOR on a principal of ...
A: LIBOR rate = 5.9% Principal = $10 million Forward LIBOR rate = 5.1% Six month risk-free rate = 2.5% ...
Q: Long-Term Investments This exercise is based on the following table, which lists interest rates on...
A: US yield (r) = 2.5% per annum = 0.20833% per month Investment amount (P) = $10800 Let n = Months to ...
Q: Problem 13-21 Comprehensive (LO4, 5, 6) Two ambitious business graduates, Boris and Isabelle, are co...
A: Before investing in new projects, feasibility of the project is evaluated by using various methods l...
Q: The value of a multinational company (MNC) increases by the _________ of the expected foreign cash f...
A: An MNC gets its cash flows not only in its domestic/home currency but also in currencies of other co...
Q: Bob has $2,500 invested in a bank that pays 1% annually. How long will it take for his funds to doub...
A: Given, 2500 invested now Amount doubled = 2500 + 2500 = 5000 So, Maturity Value = 5000
Q: 433,895 ), 2022 3,000.00 3,002.00 2,808.00 2,818.00 2,870.19 290,250 P, 2022 3,080.00 3,132.00 3,032...
A: Prices of stock moves up and down according to the demand in the stock markets. Trends can be determ...
Q: Net present value (NPV) is one method that can be used evaluate the financial viability of potential...
A: Data given:: Initial investment = $ 190,000 Annual cash flow = $ 58,000 n ...
Q: Capital One is advertising a 60-month, 6.61% APR motorcycle loan. If you need to borrow $12,000 to ...
A: Given Information : Annual interest rate = 6.61%Amount borrowed = $12,000 Number of months = 60
Q: XYZ's receivables turnover is 4x. The accounts receivable at year-end are $600,000. The average coll...
A: Receivable turnover ratio is calculated as follows: = Net credit sales / Average account receivable
Q: You are interested in buying one corporate bond and your broker has offered two corporate bonds for ...
A: A bond is a monetary instrument issued by the government and companies. It offers a fixed rate of re...
Step by step
Solved in 2 steps with 2 images
- Mrs. Pores invested ₱150,000 in a bank that pays an 13% interest converted monthly. If her account balance today amounts to ₱168,900, approximately how many months did she invest her money? Group of answer choicesJim invests $15,000 today into an account, If the amount in the account accumulates to $17,364.37 at the end of 3 years, what was the interest rate that Jim earned on the account?Anya deposited $241 at the end of every month for 8 years into her bank account that earned 3.02% compounded monthly. How much interest will she have accumulated at the end of 8 years?
- Laura wants to accumulate P150,000 in her bank account by depositing P1000 at the beginning of each month. If interest on the account is 10% compounded semi-annually, for how long does Laura have to deposit the money?a.)7.5 Yearsb.)9.8 Yearsc.)6.6 Yearsd.)8.2 YearsA year ago your Aunt Sheri deposited $ 1 comma 000 in a bank account. One year later, there was $ 1 comma 090 in Aunt Sheri's account. What APR, compounded monthly, was the bank providing Aunt Sheri?The APR, compounded monthly, is closest to:↑ A woman deposits $8000 at the end of each year for 13 years in an account paying 8% interest compounded annually. (a) Find the final amount she will have on deposit. (b) Her brother-in-law works in a bank that pays 7% compounded annually. If she deposits money in this bank instead of the other one, how much will she have in her account? (c) How much would she lose over 13 years by using her brother-in-law's bank? (a) She will have a total of $on deposit. (Simplify your answer. Round to the nearest cent as needed.) CUL
- Edna deposits $2,000 in her bank account which is earning 2% in interest per year. How much will the account have in it in 10 years assuming no other deposits or withdrawals? a) $2,040.00 b) $1,640.70 c) $2,437.99 d) $2,400.00Mrs. Peacock invests $4757 in a bank account that has an interest rate of 4% for the first 4 months, and 8% thereafter. How much money will she have after 9 months?Gabriel invested $77,000 in an account paying an interest rate of 3 1/2% compounded monthly.Isabella invested $77,000 in an account paying an interest rate of 4 1/8% compounded quarterly.After 6 years, how much more money would Isabella have in her account than Gabriel, to the nearest dollar?
- Mr. Palting deposited P100,000 on a bank bearing an interest of 12% compounded quarterly. At the end of 5 years, he started his annual deposits of P30,000. How much is his future account balance after he made his 4th annual deposit?The Martin family recently deposited $1,000 in a bank account that pays a 6 percent nominal interest rate. Interest in the account will be compounded daily (365 days = 1 year).How much will they have in the account after 5 years?A. $1,349.82B. $1,524.77Mr. Nailor invests $21,000 in a money market account at his local bank. He receives annual interest of 7% for 6 years. How much return will his investment earn during this time period? Use Appendix A. (Round "FV Factor" to 3 decimal places.) $10,521 $29,205 $31,521 $13,986