#### Description of this paper

##### finance questions

**Description**

solution

**Question**

Question;How many years it will take to grow your money from $3,807 to $7,653 if you can earn an interest of 17% compounded monthly? Note: Do not write "years" in your answer. Simply write the number in the answer box.026:Say, you deposit $3,953 in a bank for 17 years. What is the amount you will have in the bank at the end of 17 years if interest of 7 % for first 7 years and interest of 6 % for the remaining years? Note: Do not put $ sign in your answer. Simply write the number in the answer box.How many months it will take to grow your money from $3,749 to $7,352 if you can earn an interest of 6% compounded monthly? Note: Do not write "months" in your answer. Simply write the number in the answer box.027:Say, you deposit $3,531 in a bank for 17 years. What is the amount you will have in the bank at the end of 17 years if interest of 6 % compounded monthly for first 8 years and interest of 7 % compounded quarterly for the remaining years? Note: Do not put $ sign in your answer. Simply write the number in the answer box.If you receive $308 at the end of each year for the first three years and $825 at the end of each year for the next three years. What is the present value? Assume interest rate is 4%.Hint: This is an uneven cash flow problem. Use the CF function and solve for NPV to get the answer.Just enter the number up to 2 decimal points. Do not enter $ in the answer box.Assume interest rate of 9%. A company receives cash flows of $97,052 at the end of years 4, 5, 6, 7, and 8, and cash flows of $229,073 at the end of year 10. Compute the future value of this cash flow stream.Do not enter the symbol $ in your answer. Simply enter the answer rounded off to two decimal po

Paper#49308 | Written in 18-Jul-2015

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