Chapter 2 Assignment Solutions

# Chapter 2 Assignment Solutions - 11. 12, , P/YR 18, , NOM%...

This preview shows pages 1–3. Sign up to view the full content.

Chapter 2 Problem Solutions 1. 1, , P/YR 5000, +/-, PV 10, N 12, I/YR FV =  \$15,529.24 2. 25000, FV 15, N 9, I/YR PV  =  \$6,863.45 3. 20000, +/-, PV 40000, FV 12, I/YR N  =   6.1 4. 1000, +/-, PV 3000, FV 10, N I/YR =  11.6% 5. 12,  , P/YR , BEG/END 500, +/-, PMT 8, I/YR 144, N FV  =   \$120,254.19 6. , BEG /END 180, N 10, I/YR 1000, +/-, PMT PV =  \$93,832.92 7. 1,  , P/YR 10, I/YR 40, N 3000, +/-, PMT FV =  \$1,460,555.43

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
8. 8, I/YR 0, CF 0 1000, CF 1 2000, CF 2 5000, CF 3 0, CF 4 10000, CF 5 , NPV =  \$13,415.60 9. 12,  , P/YR , BEG/END 8, I/YR 200000, +/-, PV 360, N PMT =  \$1,467.53 10. 4,  , P/YR , BEG /END 10, I/YR 20, N 20000, FV PMT =  \$763.85
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 11. 12, , P/YR 18, , NOM% , EFF% = 19.56% 12. 12, , P/YR , BEG/END 60, N 280, +/-, PMT 9.5, I/YR PV = \$13,332.15 13. , BEG /END 480, N 10, I/YR 1000000, FV PMT = \$156.82 14. 1, , P/YR , BEG/END 40000, +/-, PV 10000, PMT 5, N I/YR = 7.93% 15. 4, , P/YR 8000, +/-, PV , BEG /END 32, N 32, N 7, I/YR 800, +/-, PMT FV = \$13,937.71 7, I/YR FV = \$34,523.53 \$34,523.53 + \$13,937.71 = \$48,461.24 16. 1, , P/YR 14185.19, +/-, PV 10000, +/-, PV 8, I/YR 6, I/YR 4, N 6, N FV = \$19,298.79 FV = \$14,185.19...
View Full Document

## This note was uploaded on 03/24/2008 for the course BUS 320 taught by Professor Sloan during the Fall '08 term at N.C. State.

### Page1 / 3

Chapter 2 Assignment Solutions - 11. 12, , P/YR 18, , NOM%...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online