GEORGIA SOUTHERN UNIVERSITY
Department of Finance & Economics
FINC 3131 Summer 2016
Prof. John Barkoulas
Assignment #3
Directions: Provide answers on a (brown or
green) scantron.
Due date: Thursday, June 30, 2016
(beginning of class). No late assignments
GEORGIA SOUTHERN UNIVERSITY
Department of Finance & Economics
FINC 3131 Summer 2016
Prof. John Barkoulas
Assignment #1
Directions: Provide answers on a (brown or
green) scantron.
Due date: Thursday, June 23, 2016
(beginning of class). No late assignments
Modern World History
Study Guide for Exam 1
To prepare well for this exam, youll need to read and understand the following primary sources and
how they relate to the class lectures. My suggestion is to take the lecture outlines, your notes on the
lectures
WORKSHEET 3, FINANCE 3131, PROFESSOR PAUL
CALCULATING PRESENT VALUE
1. Calculate the present value of $2,000 received in five years at nine percent.
Compounded annually:
Compounded semi-annually:
Compounded quarterly:
Compounded monthly:
Compounded daily
WORKSHEET 5, FINANCE 3131, PROFESSOR PAUL
CALCULATING THE INTEREST RATE
1. Calculate the annual interest rate for a present value of $1,000 and a future value of
$2000 in ten years.
2. Calculate the annual interest rate compounded quarterly for a present
WORKSHEET 4, FINANCE 3131, PROFESSOR PAUL
CALCULATING PAYMENTS
1. Calculate the payment on a present value of $10,000 financed for 10 years at seven
percent compounded on payment date:
Calculate the annual payment:
Calculate the semi-annual payment:
Calcu
WORKSHEET 6, FINANCE 3131, PROFESSOR PAUL
CALCULATING THE NUMBER OF PAYMENTS
1. Calculate the number of monthly payments required to accumulate a future value of
$7,000 with payments of $350/month at four percent interest compounded monthly.
2. Calculate
WORKSHEET 2, FUTURE VALUE WORKSHEET, FINANCE 313, PROFESSOR
PAUL
1. Calculate the FUTURE VALUE of $1,000 invested for 10 years at 6% interest
Compounded annually:
Compounded semiannually:
Compounded quarterly:
Compounded monthly:
Why does the future value
WOOKSHEET 1, FINANCE 3131, PROFESSOR PAUL
CALCULATING INTEREST PAYMENTS, INTEREST RATES AND ORIGINAL AMOUNT
1. Calculate the interest accrued in one year on $100 at 7 % interest.
2. If you invest $500 and earn $35 in interest the first year. What rate of