Saturday, March 9, 2019
Finance Textbook Essay
Growth rate Your finance textbook sold 53,250 copies in its first social class. The publishing company expects the sales to grow at a rate of 20 percent each year for the next leash years and by 10 percent in the fourth year. weigh the total number of copies that the publisher expects to sell in years 3 and 4. Draw a time line to show the sales direct for each of the next four years.1) 53250 x 1.20 =2) 1st Year = 63900 x 1.20 =3) 2nd year = 76680 x 1.20 =4) 3rd year = 920165) 4th year = 92016 x 1.10 = 101218 task 5.21Multiple compounding periods Find the present encourage of $3,500 under each of the following rates and periodsa. 8.9 percent increase monthly for five years. $2247b. 6.6 percent compounded quarterly for eight years. $2073c. 4.3 percent compounded daily for four years. $ 2947d. 5.7 percent compounded continuously for three years. $2950Problem 6.19Future value with multiple silver flows Trigen Corp. management will station cash flows of $331,000, $616,450, $212,77 5, $818,400, $1,239,644, and $1,617,848 in research and development over the next half dozen years. If the appropriate interest rate is 6.75 percent, what is the future value of these investment cash flows six years from today?
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