Question
$10.00 Corporate Finance - chapter 4 questions
- From Mathematics: General-Mathematics
- Closed, but you can still post tutorials
- Due on Jul. 18, 2012
- Asked on Jul 15, 2012 at 2:58:01PM
Q:
Calculating the Number of Periods. You expect to receive $25,000 at graduation in two years. You plan on investing it at 9 percent until you have $160,000. How long will you wait from now? (Better than the situation in Question 9, but still no Ferrari.
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Full solution to your wonderful Mathematically related finance question
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- Posted on Jul 15, 2012 at 3:05:07PM
A:
Preview: ... (1+0.09)^n=160000/25000
(1+0.09)^n=32/5
(1.09)^n=32/5
take logs of both sides:
log[(1.09)^n]=log(32/5)
use log rule:
n ...
The full tutorial is about 82 words long .
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Completed step by step
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- Posted on Jul 15, 2012 at 3:08:05PM
Posted by :
A:
Preview: ...
The formula we will use for accumalation at 9% if
FV = 160,000 = 25,000(1+0.09) n. where n is the numbe ...
The full tutorial is about 90 words long .
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Answer
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- Posted on Jul 15, 2012 at 3:57:04PM
A:
Preview: ... attach ...
The full tutorial is about 5 words long plus attachments.
Answer.docx (12K) $1.50
FINANCE : FUTURE VALUE AND PERIOD PROBLEM : 100% CORRECT AND SURE A+ GRADE.
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- Posted on Jul. 16, 2012 at 08:35:54AM
Posted by :
pavan101
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Rating (189):A-
Questions Asked: 10
Tutorials Posted: 1775,
Blog Posts: 2,
Earned: $5,667.92
A:
Preview: ... row to $160000 @ 9%.
Then, 160000 = 25000*1.09^n
=> 1.0 ...
The full tutorial is about 51 words long .