Chapter 5 Solutions

Chapter 5 Solutions - $763.85 11. 12, , P/YR 18, , NOM% ,...

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

View Full Document Right Arrow Icon
BUS 320 Chapter 5 Practice 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
Background image of page 1

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

View Full DocumentRight Arrow Icon
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 =
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $763.85 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 10/27/2011 for the course BUS 320 taught by Professor Sloan during the Fall '08 term at N.C. State.

Page1 / 3

Chapter 5 Solutions - $763.85 11. 12, , P/YR 18, , NOM% ,...

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

View Full Document Right Arrow Icon
Ask a homework question - tutors are online