Principles Of Finance

Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):

 

Present Value Years Interest Rate Future Value
$ 540 [removed] 9 % $ 1,317
790 [removed] 10 1,743
18,200 [removed] 17 277,707
21,300 [removed] 15 414,506

 

In 1895, the first Putting Green Championship was held. The winner’s prize money was $230. In 2014, the winner’s check was $1,450,000.

 

What was the percentage increase per year in the winner’s check over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

 

  Increase per year [removed] %

 

If the winner’s prize increases at the same rate, what will it be in 2030? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

 

  Winner’s prize in 2030 $ [removed]

 

 

 

 

 

 

In 1895, the first Putting Green Championship was held. The winner’s prize money was $230. In 2014, the winner’s check was $1,450,000.

 

What was the percentage increase per year in the winner’s check over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

 

  Increase per year [removed] %

 

You have just made your first $5,600 contribution to your retirement account. Assume you earn a return of 11 percent per year and make no additional contributions.

 

What will your account be worth when you retire in 39 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

 

  Future value $ [removed]

 

What if you wait 10 years before contributing? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

 

  Future value $ [removed]

 

You expect to receive $43,000 at graduation in two years. You plan on investing it at 9.75 percent until you have $178,000.

 

How long will you wait from now? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

 

  Period [removed] years

 

 

Looking for a Similar Assignment? Order now and Get a Discount! Use Coupon Code “Newclient”

The post Principles Of Finance appeared first on Savvy Essay Writers.

#write essay #research paper #blog writing #article writing #academic writer #reflective paper #essay pro #types of essays #write my essay #reflective essay #paper writer #essay writing service #essay writer free #essay helper #write my paper #assignment writer #write my essay for me #write an essay for me #uk essay #thesis writer #dissertation writing services #writing a research paper #academic essay #dissertation help #easy essay #do my essay #paper writing service #buy essay #essay writing help #essay service #dissertation writing #online essay writer #write my paper for me #types of essay writing #essay writing website #write my essay for free #reflective report #type my essay #thesis writing services #write paper for me #research paper writing service #essay paper #professional essay writers #write my essay online #essay help online #write my research paper #dissertation writing help #websites that write papers for you for free #write my essay for me cheap #pay someone to write my paper #pay someone to write my research paper #Essaywriting #Academicwriting #Assignmenthelp #Nursingassignment #Nursinghomework #Psychologyassignment #Physicsassignment #Philosophyassignment #Religionassignment #History #Writing #writingtips #Students #universityassignment #onlinewriting #savvyessaywriters #onlineprowriters #assignmentcollection #excelsiorwriters #writinghub #study #exclusivewritings #myassignmentgeek #expertwriters #art #transcription #grammer #college #highschool #StudentsHelpingStudents #studentshirt #StudentShoe #StudentShoes #studentshoponline #studentshopping #studentshouse #StudentShoutout #studentshowcase2017 #StudentsHub #studentsieuczy #StudentsIn #studentsinberlin #studentsinbusiness #StudentsInDubai #studentsininternational