Find the values and using the equations

Assignment Help Financial Management

Reference no: EM131968631

1. Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can “override” the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.)

a. An initial $500 compounded for 1 year at 6%

b. An initial $500 compounded for 2 years at 6%

c. The present value of $500 due in 1 year at a discount rate of 6%

d. The present value of $500 due in 2 years at a discount rate of 6%

2. Use both the TVM equations and a financial calculator to find the following values.

a. An initial $500 compounded for 10 years at 6%

b. An initial $500 compounded for 10 years at 12%

c. The present value of $500 due in 10 years at a 6% discount rate

d. The present value of $500 due in 10 years at a 12% discount rate

Reference no: EM131968631

Questions Cloud

What is the final amount in accounts payable : Receive payment of $12,000 owed by a customer and Purchase equipment for $45,000 in cash. What is the final amount in Accounts Payable

Compute the amount of overhead under or over-allocated : Compute the total cost of each of the two jobs. Compute the amount of overhead under or over-allocated

Explain how the diffusion of innovation was used : Post a brief summary of the article you selected. Explain how the diffusion of innovation was used. Then explain one of the principles of the diffusion.

Provide a brief overview of this law : Identify the barriers to reentry so specific challenges can be addressed. Specific legislation has been passed to promote the success of offenders.

Find the values and using the equations : Find the following values, using the equations, and then work the problems using a financial calculator to check your answers.

What is the final balance sheet value of inventory : Assuming no other changes to inventory, and using the historical cost method, what is the final balance sheet value of inventory

Create a system diagram illustrating the equipment required : Create a system diagram illustrating the equipment and connections required for this project (use Microsoft Visio or a similar software package).

What was the primary cause of his criminal behavior : What was the primary cause of his criminal behavior? How can understanding the cause of crimes help prevent them?

What is the maximum possible contribution margin : The market demand is limited to 2,800 units of each of the three products. What is the maximum possible contribution margin that Zurek could make in any month

User Account

All Pages