**Theory of Interest- Non-annual interest rates and annuities**

Find the annual effective rate of interest equivalent to a nominal rate of interest of 8% a year convertible semi-annually.

A. 8.16% B. 8.97% C. 9.05% D. 9.25% E. 9.5%

Calculate the accumulated value, at the end of 8 years, of payments of $4000 a year which are paid monthly at the start of each month. The annual effective rate of interest is 9%.

A. 26,236 B. 36,236 C. 46,236 D. 56,236 E. 66,236

Determine the annual effective interest rate that corresponds to a nominal rate of discount of 6% a year convertible quarterly.

A. 5.23% B. 6.23% C. 7.23% D. 8.23% E. 9.23%

Calculate the present value of payments of $1000 at the end of each year for the next 5 years. The nominal rate of discount is 10% a year convertible semi-annually.

A. 3330 B. 3415 C. 3600 D. 3715 E. 4000

Money is received at a rate of $6880 a year. Find the accumulated value at time 16 of the money received, given that payments are received at the end of every other year. The nominal rate of interest is 10% a year convertible every 6 months.

A. 230,250 B. 240,390 C. 250,420 D. 260,342 E. 270,358

Determine the present value of payments of $10 at the end of every month during the first year, $20 at the end of every month during the second year, $30 at the end of every month during the third year, and so on for 10 years. The nominal interest rate is 12% convertible monthly.

A. 3163 B. 3263 C. 3363 D. 3463 E. 3563

Olga buys a 5 year increasing annuity for $X. Olga will receives $2 at the end of the first month, $4 at the end of the second month, and for each month thereafter the payment increases by $2. The nominal interest rate is 9% convertible quarterly. Calculate X.

A. 2380 B. 2730 C. 2780 D. 2830 E. 2880

A sum of $100 is accumulated at a nominal rate of discount of 7.5% per year convertible quarterly for 1 year, and then at a nominal rate of interest of 7.5% per year convertible quarterly for 1 year. What is the accumulated amount of the investment after 2 years?

A. 110 B. 112 C. 114 D. 116 E. 118

The present value of a perpetuity of 6,500 paid at the end of each year plus the present value of a perpetuity of 8,500 paid at the end of every 5 years is equal to the present value of an annuity of k paid at the end of each year for 25 years. Interest is 6% convertible quarterly. Calculate k.

A. 10,340 B. 11,340 C. 12,340 D. 19,370 E. 19,560

A loan of 100,000 is to be repaid by 20 equal quarterly payments of X including principal and interest at a nominal interest rate of 6% per year compounded semiannually. The first payment is at the end of the first quarter. What is the X?

A. X < 5790 B. 5790 < X < 5800 C. 5800 < X < 5810

D. 5810 < X < 5820 E. X > 5820

Harry borrows $3500 from Mary. He agrees to repay the loan with annual payments, made at the end of each year, of $500, $1000, $1500, etc. with a smaller final payment one year after the last regular payment. Mary charges Harry a rate of discount of 10% convertible 4 times per year. Determine the amount of the final payment.

A. X < 1610 B. 1610 < X < 1640 C. 1640 < X < 1670

D. 1670 < X < 1700 E. X > 1700

Brian buys a 10-year decreasing annuity-immediate with annual payments of 10, 9, 8, ..., 1. On the same date, Jenny buys a perpetuity-immediate with annual payments. For the first 11 years, payments are 1, 2, 3, ..., 11. After year 11, payments remain constant at 11. At an annual effective interest rate of *i, *both annuities have a present value of X. Calculate X.

A. 26.6 B. 27.6 C. 28.6 D. 29.6 E. 30.6

Jane receives a 10-year increasing annuity-immediate paying 100 the first year and increasing by 100 each year thereafter. Mary receives a 10-year decreasing annuity-immediate paying X the first year and decreasing by X/10 each year thereafter. At an effective annual interest rate of 5%, both annuities have the same present value. Calculate X.

A. 860 B. 864 C. 868 D. 872 E. 876

Create a project group of no more than 6 people and e-mail the TA with the names and UNI of everyone in your group.

Strategic alliance : Identify a Fortune 500 company that should use strategic alliance rather than going alone for its international expansion. |

Overview of financial management : Overview of Financial Management |

Development of a small software system : Analysis, design and development of a small software system. |

What is the probability : Find the probability of given case. |

Non-annual interest rates and annuities : Theory of Interest- Non-annual interest rates and annuities |

Write pl-sql procedures and functions : Write PL/SQL procedures and functions to populate and query that database |

Implement the lexical and syntactic analysis : Implement the lexical and syntactic analysis of Minifun programming language. |

Construct a hard-core predicate : Construct a hard-core predicate |

Write a program that uses the curve class hierarchy : Write a program that uses the curve class hierarchy. The program should define several different objects, output their area, circumference, etc. It should also use the printcurve function. |

## Cost accounting assignmentEvaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time. |

## Prepare the journal entriesPrepare the journal entries to record the bond issue and interest expense. |

## Advise as to the liability of all the partiesWrite a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law. |

## Corporate governanceYou are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees. |

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd