{"id":66734,"date":"2022-05-30T11:15:58","date_gmt":"2022-05-30T11:15:58","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/fin-100-week-4-homework-latest\/"},"modified":"2022-05-30T11:15:58","modified_gmt":"2022-05-30T11:15:58","slug":"fin-100-week-4-homework-latest","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/fin-100-week-4-homework-latest\/","title":{"rendered":"Fin 100 week 4 homework latest"},"content":{"rendered":"
\n

\u00a0\u00a0<\/p>\n

FIN100 Week 4 Homework<\/strong><\/p>\n

Question 1<\/strong><\/p>\n

Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. What would be the future value if the interest rate is a simple interest rate?<\/p>\n

\u00a0\u00a0<\/p>\n

$14,000<\/p>\n

\u00a0<\/p>\n

$14,200<\/p>\n

\u00a0<\/p>\n

$16,000<\/p>\n

\u00a0<\/p>\n

$11,000<\/p>\n

Question 2<\/strong><\/p>\n

Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. What would be the future value if the interest rate is a compound interest rate?<\/p>\n

\u00a0\u00a0<\/p>\n

$14,590<\/p>\n

\u00a0<\/p>\n

$14,690<\/p>\n

\u00a0<\/p>\n

$16,690<\/p>\n

\u00a0<\/p>\n

$13,960<\/p>\n

Question 3<\/h3>\n

Determine the future values if $5,000 is invested in each of the following situations:<\/p>\n

\u00b7 5 percent for ten years<\/p>\n

\u00a0\u00a0<\/p>\n

$8,145<\/p>\n

\u00a0<\/p>\n

$7,145<\/p>\n

\u00a0<\/p>\n

$6,145<\/p>\n

\u00a0<\/p>\n

$7,415<\/p>\n

Question 4<\/strong><\/p>\n

Determine the future value if $5,000 is invested in each of the following situations:<\/p>\n

\u00b7 7 percent for seven years<\/p>\n

\u00a0\u00a0<\/p>\n

$8,130<\/p>\n

\u00a0<\/p>\n

$8,031<\/p>\n

\u00a0<\/p>\n

$8,030<\/p>\n

\u00a0<\/p>\n

$7,030<\/p>\n

Question 5<\/h3>\n

Determine the future value if $5,000 is invested in each of the following situations:<\/p>\n

\u00b7 9 percent for four years<\/p>\n

\u00a0\u00a0<\/p>\n

$7,260<\/p>\n

\u00a0<\/p>\n

$7,620<\/p>\n

\u00a0<\/p>\n

$7,062<\/p>\n

\u00a0<\/p>\n

$7,060<\/p>\n

Question 6<\/strong><\/p>\n

Find the present value of $7,000 to be received one year from now, assuming a 3 percent annual discount interest rate. Also calculate the present value if the $7,000 is received after two years.<\/p>\n

\u00a0\u00a0<\/p>\n

$6,796.12 and $6,598.17<\/p>\n

\u00a0<\/p>\n

$7,696.13 and $5,698.17<\/p>\n

\u00a0<\/p>\n

$6,976.12 and $6,968.17<\/p>\n

\u00a0<\/p>\n

$6,796.12 and $6,859.17<\/p>\n

Question 7<\/h3>\n

Use a financial calculator or computer software program to answer the following questions:<\/p>\n

\u00b7 What would be the future value of $15,555 invested now if it earns interest at 14.5 percent for seven years?<\/p>\n

\u00a0\u00a0<\/p>\n

$30,134<\/p>\n

\u00a0<\/p>\n

$40,134<\/p>\n

\u00a0<\/p>\n

$50,134<\/p>\n

\u00a0<\/p>\n

$25,000<\/p>\n

Question 8<\/strong><\/p>\n

What would be the future value of $19,378 invested now if the money remains deposited for eight years and the annual interest rate is 18 percent?<\/p>\n

\u00a0\u00a0<\/p>\n

$72,839\u00a0<\/p>\n

\u00a0<\/p>\n

$73,296<\/p>\n

\u00a0<\/p>\n

$70,296<\/p>\n

\u00a0<\/p>\n

$71,000<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u00a0\u00a0 FIN100 Week 4 Homework Question 1 Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. What would be the future value if the interest rate is a simple interest rate? \u00a0\u00a0 $14,000 \u00a0 $14,200 \u00a0 $16,000 \u00a0 $11,000 Question 2 Find the future value […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-66734","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/66734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=66734"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/66734\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=66734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=66734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=66734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}