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Finance Assignment | Professional Writing

Author:
May 29th, 2020

You need to have $30,000 for a down payment on a house 6 in years. If you can earn an annual interest rate of 4.8 percent, how much will you have to deposit today? Multiple Choice Ο $22006.50 Ο S21,606.89 Ο $22,64402 Ο $17912.13 o $22,000 50 o $2006. 89 o o 317,912.13 o A company has a pension liability of $410,000,000 that it must pay in 26 in years.

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If it can earn an annual interest rate of 3.7 percent, how much must it deposit today to fund this liability? Multiple Choice & O0:48:33 Ο. $153,729,57772 Ο $159,417,572.09 Ο $140,677,021.20 Ο $64,278,729.02 $130,545,018,79 A small business has determined that the machinery they currently use will wear out in 16 years. To replace the new machine when it wears out, the company wants to establish a savings account today. If the interest rate on the account is 13 percent per quarter and the cost of the machinery will be $310,000, how much will the company have to deposit today? (3 00 Αα Multiple Choice Ο $252,12190 Ο S13563045 Ο $13225520 Ο ( $138,644,46 Ο Ο (2 001aos Ο S135.630.45 Ο 513775579 Ο $138,644.46 Ο $137438 85

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