KATHY BUYS A TELEVISION SET FROM A MERCHANT WHO ASKS P1,500.00 AT THE END OF 60 DAYS (CASH IN 60 DAYS). KATHY WISHES TO PAY IMMEDIATELY AND THE MERCHANT OFFERS TO COMPU THE CASH PRICE ON THE ASSUMPTION THAT MONEY IS WORTH 8% SIMPLE INTEREST. WHAT IS THI CASH PRICE TODAY? a. P1,480.26 O b. P1,408.26 O c. P1,048.26 O d. P1,840.26
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- Assume that l2 = 0.50% and that lt = 0. If the one-year interest rate is 5% and the %3D two-year interest rate is 5.75%, then i is equal to: O A. 5.50% O B. 5.25% OC. 6.25% O D. 5.75%How much would be in your account in 8 years after depositing $2000 now? The annual interest rate is 8%. Оа. $4317.8 O b. $6211.7 О с. $4952.0 O d. $3701.9QUESTION 11 Five years from now, you would like to have $6,000 in your saving account. If your account earns 3.5% interest, how much do you need to deposit today? O4,630.96 O 8,511.4 O 5,051.84 8,880.24
- You have heard about a new "green" light bulb that is costly to purchase but uses less electricity and thus allows you to save money on your utility bill. Suppose the new light bulb costs $10 today, but next year your electricity bill will be $50 lower. If the interest rate is 10%, what is the net present value of buying this new light bulb and using it for one year? O A. $40 B. -$45.45 OC. $55 OD. $35.45What is the value of $600 at 12 percent interest for 7 years compounded continuosly? O A. $1356.54 B. $1372.76 O C. $1326.41 O D. $1389.82 Seçimimi temizleSuppose that you make a series of annual deposits into a bank account that pays 10% interest. The initial deposit at the end of the first year is $1,200. The deposit amounts increase by $300 in each of the next 4 years. How much would you have immediately after the 5th deposit? O s10,642.42 O $9,000.00 O $11,705.56 O $8,925.12
- Sally will eam S33,000 this year and $42,000 next year. The real interest rate is 25% between this year and next year; she can borrow or save at this rate. She has no wealth at the start of this year and plans to finish next year having consumed everything she possibly can. She would like to consume the same amount this year as next year. How much should Sally save (or borrow) this year? save $4500 O save $4000 O borrow $4500 O borrow $4000Suppose you net investment at time t (measured in years) is given (in pounds) by I(t) = 500 – 200 | x+1 Which of the following best represents the capital generated between the end of the 2nd year and the end of the 5th year? O a. a. £1361.37 O b. £1678.11 O c. £1544.03 O d. £1242.78Brian lives in San Diego and runs a business that sells guitars. In an average year, he receives $733,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $433,000; he also pays wages and utility bills totaling $257,000. He ovwns his showroom; if he chooses to rent it out, he vill receive $13,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Brian does not operate this guitar business, he can vork as a paralegal, receive an annual salary of $23,000 vith no additional monetary costs, and rent out his showroom at the $13,000 per year rate. No other costs are incurred in running this guitar business. Identify each of Brian's costs in the following table as either an implicit cost or an explicit cost of selling guitars. Implicit Cost Explicit Cost The vholesale cost for the guitars that Brian pays the manufacturer The salary Brian could earn if he worked as a paralegal The vages and utility…
- If P20,000 is borrowed for 200 days at 12% per annum simple interest. How much will be due at the end of 200 days? O a. P21,323.33 O b. P21,332.33 O c. P21,233.33 O d. P21,333.33If money is worth 9%, find the present value of a perpetuity of P20,500 payable at the beginning of each year. O a. P284,278.00 O b. P248,287.00 O c. P248,827.00 O d. P248,278.00What is the value of n with interest 10% that makes the present value equal to O? 100 100 3. lo00 Given formula: (1+i)"-1 P=A- iX(1+i)"
