Ch5_Solutions

Ch5_Solutions - ? 28,000-15,635.05 6. N I PV PMT FV Answer...

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Finance 323 Chapter 5 Homework Solutions 1. N I PV PMT FV Answer 1 a 10 16.00% -4,150 0 ? 18,307.46 1 b 16 8.00% -25,465 0 ? 87,241.63 1 c 18 10.00% -97,888 0 ? 544,249.19 1 d 25 4.00% -467,090 0 ? 1,245,185.49 2. N I PV PMT FV Answer 2 a 5 5.00% ? 0 1,200 -940.23 2 b 8 7.50% ? 0 2,600 -1,457.83 2 c 16 15.00% ? 0 14,400 -1,538.85 2 d 22 24.00% ? 0 116,000 -1,021.36 3. N I PV PMT FV Answer 3 a 4 ? -500 0 600 4.66% 3 b 9 ? -675 0 1,200 6.60% 3 c 12 ? -12,500 0 85,000 17.32% 3 d 24 ? -55,000 0 1,200,000 13.71% 4. N I PV PMT FV Answer 4 a ? 6.00% -740 0 900 3.36 4 b ? 9.00% -900 0 1,500 5.93 4 c ? 14.00% -57,000 0 78,000 2.39 4 d ? 9.00% -120,000 0 150,000 2.59 5. N I PV PMT FV Answer 5 a ? 5.00% -5,000 0 28,000 35.31 5 b 10 6.00%
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Unformatted text preview: ? 28,000-15,635.05 6. N I PV PMT FV Answer 6 a 25 11.00%-1,400 ? 19,019.65 6 b 20 11.00%-1,400 ? 11,287.24 7. N I PV PMT FV Answer 7 10 5.00%-20,000 ? 32,577.89 1 8. N I PV PMT FV Answer 8 ? 6.00%-55,000 100,000 10.26 2.00 add waiting time 12.26 9. N I PV PMT FV Answer 9 144 0.25% ? 50,000-34,899.49 months 10. N I PV PMT FV Answer 10 a 30 8.00% ? 0 1,000,000-99,377.33 10 b 30 12.00% ? 0 1,000,000-33,377.92 2...
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This note was uploaded on 02/24/2010 for the course ACCT 302 taught by Professor Staff during the Spring '08 term at Old Dominion.

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Ch5_Solutions - ? 28,000-15,635.05 6. N I PV PMT FV Answer...

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