hw2.docx

# hw2.docx - Homework#2 4-1(a 6500(P/A 5 40 = 6500 17.159 =...

• Homework Help
• 4

This preview shows page 1 - 4 out of 4 pages.

Homework #2 4-1 (a) 6500 (P/A, 5%, 40) = 6500 * 17.159 = 111533.5 (b) 6500 (F/A, 5%, 40) = 6500 * 120.799 = 785193.5 4-52 (a) S = 500 (P/G, 10%, 4) = 500 * 4.378 = 2189 (b) T = 300 (P/G, 10%, 5) * (A/P, 10%, 5) = 300 * 6.862 * .2638 = 543.06 (c) F = 250 (P/G, 10%, 5) * (F/P, 10%, 1) = 250 * 6.862 * 1.100 = 1887.05 4-65 P = 3000 + 1250 (P/A, 10%, 7) – 250 (P/G, 10%, 7) – 750 (P/F, 10%, 8)

Subscribe to view the full document.

= 3000 + 1250 * 4.868 – 250 * 12.763 – 750 * .4665 = 5544.375 Double checked in Excel: 0 3000 (\$3,000.00 ) 1 1250 (\$1,136.36 ) 2 1000 (\$826.45) 3 750 (\$563.49) 4 500 (\$341.51) 5 250 (\$155.23) 6 0 \$0.00 7 -250 \$128.29 8 -750 \$349.88 (\$5,544.86 ) 4-74 5-23 P = 500 (P/F, 10%, 4) + 1200 (P/F, 10%, 5) + 500 (P/F, 10%, 6) + 1200 (P/F, 10%, 7) + 500 (P/F, 10%, 8) + 1200 (P/F, 10%, 9) =2726.81 4 500 (\$341.51) 5 1200 (\$745.11) 6 500 (\$282.24) 7 1200 (\$615.79) 8 500 (\$233.25) 9 1200 (\$508.92)

Subscribe to view the full document.

You've reached the end of this preview.
• Spring '14
• KevinMoriarty

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern