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

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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)
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= 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)
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  • Spring '14
  • KevinMoriarty

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