MA373 S13 Homework Chapter 2

Over the next two years antong realizes an annual

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: an annual time weighted yield of 12.5%. Antong initially invests 100,000 with Mullen and has 103,551.14 at the end of two years. During the two year period, Antong also withdrew an amount of C to buy an new car. Before the amount was withdrawn, the fund was worth 110,000. Calculate C. January 24, 2013 Answers 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 14.7705 years 9.7653% 4048.93 0.0304 1093.01 5.0000% 27 months 2.8899% 9.3239% T 2.8248 years and T 2.8649 years 4.5143 years 5.634% 2573.56 15 years a. 4.1784% b. 4.3970% 17.8464% 425.50 5.8480% 5.8301% 6.3219% 21,200 -2.6954% jTW 23.0769% and iTW 10.9400% 24. 5.6118% 25. 2,306,938.21 26. 20,000 January 24, 2013...
View Full Document

This note was uploaded on 10/10/2013 for the course MA 373 taught by Professor Staff during the Fall '08 term at Purdue University-West Lafayette.

Ask a homework question - tutors are online