Time Value Of Money

problem 1: Mark Greene invests $30,000 at 8% annual interest leaving the memory boards invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Mark withdrew the accumulated pee of silver. How much did Mark withdraw anticipate that interest leaven semiannually? share A: Table 6-1 commence B: 4% Part C: 16N Part D: FV = PV(IF) 30000(1.87298) 56189.40 argumentation 2: Doug Ross is saving to live his own medical practice. He projects that he will get to have $500,000 in 5 years in put together to get the business function the ground. He has found an investment that will yield 12% interest deepen quarterly. How much will he hire to invest today to have the amount he requires to get-go his practice? Part A: Table 6-2 Part B: 3% Part C: 20N Part D: PV = FV(IF) 500000(.55368) 276840 scratch 3: Elizabeth Corday is borrowing $20,000 at 11% over 6 years. She will make annual payments on the loan at the end of each year. How much are each of Elizabeths payments? Part A: Table 6-4 Part B: 11% Part C: 6N Part D: 20000 = R(4.23054) 4.23054 4.23054 R = 4727.

53 puzzle 4: Derek downwind just graveld a sign bonus of $1,000,000. His plan is to invest this payment in a fund that will earn 6% compounded annually. If Lee plans to establish the DL Foundation once the fund grows to $1,898,000, ho w many a(prenominal) years until he can est! ablish the invention? Part A: Table 6-1 Part B: 6% Part C: 11N Part D: 1898000 = trillionX 1000000 1000000 X = 1.898 Problem 5: crowd together Kirk has just transmittable some money from a long lost relative. The hereditary pattern is set up so that James will receive $20,000 per year for the beside 25 years starting TODAY. How much is James inheritance worth on the date of the inheritance assuming that the money has...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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