{"id":35632,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/fin100-week-5-assignment"},"modified":"2017-08-16T06:34:02","modified_gmt":"2017-08-16T06:34:02","slug":"fin100-week-5-assignment","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/fin100-week-5-assignment\/","title":{"rendered":"fin100 week 5 assignment"},"content":{"rendered":"<div class=\"the_content_wrapper\">\n<p><strong>Please show your work. If you don\u2019t show your work, you will not get credit. Show work in Excel.<\/strong><\/p>\n<ol>\n<li>What will $ 150,000 grow to be in 10 years if it is invested today in an account with a quoted annual interest rate of 9% with monthly compounding of interest?<\/li>\n<li>How many years will it take for $345,000 to grow to be $764,000 if it is invested in an account with a quoted annual interest rate of 10% with monthly compounding of interest?<\/li>\n<li>At what quoted annual interest rate must $ 198,000 be invested so that it will grow to be $450,000 in 19 years if interest is compounded weekly?<\/li>\n<li>You are offered an investment with a quoted annual interest rate of 19% with quarterly compounding of interest. What is your effective annual interest rate?<\/li>\n<li>You are offered an annuity that will pay $34,000 per year for 12 years (the first payment will occur one year from today). If you feel that the appropriate discount rate is 11%, what is the annuity worth to you today?<\/li>\n<li>If you deposit $14,000 per year for 11 years (each deposit is made at the end of each year) in an account that pays an annual interest rate of 12%, what will your account be worth at the end of 10 years?<\/li>\n<li>You plan to borrow $423,000 now and repay it in 20 equal annual installments (payments will be made at the end of each year). If the annual interest rate is 10%, how much will your annual payments be?<\/li>\n<li>You are told that if you invest $ 10,000 per year for 22 years (all payments made at the end of each year) you will have accumulated $321,000 at the end of the period. What annual rate of return is the investment offering?<\/li>\n<li>You are offered an annuity that will pay $15,000 per year for 2 years (the first payment will be made today). If you feel that the appropriate discount rate is 9%, what is the annuity worth to you today?<\/li>\n<li>If you deposit $ 10,000 per year for 12 years (each deposit is made at the beginning of each year) in an account that pays an annual interest rate of 10%, what will your account be worth at the end of 10 years?<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Please show your work. If you don\u2019t show your work, you will not get credit. Show work in Excel. What will $ 150,000 grow to be in 10 years if it is invested today in an account with a quoted <a href=\"https:\/\/www.benedictsol.com\/blogs\/fin100-week-5-assignment\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-35632","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/35632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=35632"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/35632\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=35632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=35632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=35632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}