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FIN 500 Week Four Homework




Question;Southern New Hampshire universityFIN;500 Week Four Homework;Work should be done individually.Word-process;your solutions within this template and show all steps used in arriving at the;final answers. Incomplete solutions will;receive partial credit. Copy and paste all necessary data and create tables if;needed.;Problem 1;Compute the;future value of $1000 at 8% compounded annually for 5 years.;Problem 2;Compute the;present value of $1000 due after 5 years at 12%, compounded semiannually.;Problem 3;Compute the future value of a 8%, 10-year;ordinary annuity that pays $500 each year.;Problem 4;Suppose the U.S. Treasury;offers to sell you a bond for $676.84.;No payments will be made until the bond matures 8 years from now, at;which time it will be redeemed for $1,000.;What interest rate would you earn if you bought this bond at the offer;price?;Problem 5;Master Card and other;credit card issuers must by law print the Annual Percentage Rate (APR) on their;monthly statements. If the APR is stated;to be 15.00%, with interest paid monthly, what is the card's EFF%?


Paper#51342 | Written in 18-Jul-2015

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