skip to Main Content
The smarter way
to do assignments.

Please note that this is just a preview of a school assignment posted on our website by one of our clients. If you need assistance with this question too, please click on the Order button at the bottom of the page to get started.

1. Suppose you borrowed $10,000 at a rate of 5% and must repay it in 3 equal installments at the end of each of the next 3 years. How much would you still owe at the end of the second year, after you have made the second payment?

2. Person A and Person B each have $250,000 in an investment account. No other contributions will be made to their investment accounts. Both have the same goal: They each want their account to reach $1.1 million, at which time each will retire. Person, A has his money invested in risk-free securities with an expected annual return of 4%. Person B, has their money invested in a stock fund with an expected annual return of 8%. How many years after Person B retires will Person A retire?

3. What annual payment must you receive in order to earn a 6.5% rate of return on a perpetuity that has a cost of $1,250?

4. At a rate of 6.5%, what is the future value of the following cash flow stream?

Years: 0 1 2 3 4
| | | | |

5. What’s the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $3,000 at the end of Year 4 if the interest rate is 5%?

GET HELP WITH THIS ASSIGNMENT TODAY

Clicking on this button will take you to our custom assignment page. Here you can fill out all the additional details for this particular paper (grading rubric, academic style, number of sources etc), after which your paper will get assigned to a course-specific writer. If you have any issues/concerns, please don’t hesitate to contact our live support team or email us right away.

How It Works        |        About Us       |       Contact Us

© 2018 | Intelli Essays Homework Service®