ANSWER : QUESTION SHOULD BE : WHAT AMOUNT SHOULD I DEPOSIT TODAY TO HAVE 8000 IN THE ACCOUNT AT THE END OF 20 YEARS (THUMBS UP PLEASE)
Instructions: c (or similar software) TYPE out the TVM identifier for the type of problem for...
Homework Instructions: In a Word doc (or similar software) TYPE out the TVM identifier for the type of problem for each of the timelines below. Your possible answers are "PVLS; PVA; PVA Payment; FVLS, FVA; or FVA Payment (you must include the word "Payment" (РМТЬ ok) if it applies). Write your reasoning using the How to Determine sheet as to why you decided on your answer Below each of your timeline identifications write a one sentence problem that fits that...
An example is given for #1. 3,000 Problem Type: FVLS The wording of the question that corresponds to the timeline would be: Ifi deposit 3,000 today and it grows for 6 years, how much will there be in the account? 5. 0 5 7 25 ?5,000 6. 5 6 1,000 4,000 2,000
please please please follow instructions posted 3 times
already just need the help
N22 A B C D E F G H K L 2 To submit your answers: click on the title of the homework "What Type of Problem". Once you do that, 3 a page will open with various options. Look at the page and click on the heading 4 "WRITE SUBMISSION" (these words appear in a box below ASSIGNMENT Submission). 5 Copy and paste your answers into...
An example is given for #1. 0 3,000 Problem Type: FVLS The wording of the question that corresponds to the timeline would be:Ifi deposit 3,000 today and it grows for 6 years, how much will there be in the account? 50 50 50 50 510 200 200 200 200 200 200
a. Your timeline b. Problem Type: FVA PMT c. Solution: $10,000 x FVA factor (6%/12, 5*12) = FVA answer $10,000 x 69.77 = $143.33 5. Suzie will save $300 every 6 months (semi-annually) for the next 10 years. How much will she have if the interest rate is 8%?
a. Your timeline b. Problem Type: FVA PMT c. Solution: $10,000 x FVA factor (6%/12, 5*12) = FVA answer $10,000 x 69.77 = $143.33 Linda wants $8,000 in 5 years. How much must she save each month if the account were to earn 9%?
a. Your timeline b. Problem Type: FVA PMT c. Solution: $10,000 x FVA factor (6%/12, 5*12) = FVA answer $10,000 x 69.77 = $143.33 You are going to borrow $100,000 for a loan for 10 years. If the payments are $1,801.85/month, what is the interest rate on this loan (remember all rates are always quoted as annual equivalents)?
a. Your timeline b. Problem Type: FVA PMT c. Solution: $10,000 x FVA factor (6%/12, 5*12) = FVA answer $10,000 x 69.77 = $143.33 A)Tim wants to go to travel around the world for the next 4 years. He believes he will need $36,000/year to live on. He wants to know how much money he must have in his account now to be able to fund his travels. Assume the money will earn 4%. B) Refer to the problem. What...