Time Value of Money

TIME VALUE OF MONEY PROBLEMS SHERRY BARNETTE QRB/501, UNIVERSITY OF PHOENIX KATHLEEN LANGLOIS MARCH 7, 2008 Barnette 2 USING A PRESENT VALUE TABLE, YOUR CALCULATOR, OR A COMPUTER course of instruction PRESENT VALUE FUNCTION, ANSWER THE FOLLOWING QUESTIONS: a. What is the present nourish of nine annual cash payments of $4,000 to be paid at the end of each year using an raise tell of 6%? $2,367.59 b. What is the present value of $15,000 to be paid at the end of 20 years, using an stakes rate of 18%? $547.58 c. How much cash must be deposited in a savings account as a single mensuration in order to accumulate $300,000 at the end of 12 years, assuming that the account will earn 10% interest? $95,589.25 d. How much cash must be deposited in a savings account as a single fare in order to accumulate $50,000 at the end of 7 years, assuming that the account will earn 12% interest? $22,617.46 CONSIDER THE FORMULA P=67.38 * (1.026)t IF WE LET P set THE POPULATION OF MEXICO IN course of instruction t WHERE t IS THE estimate OF YEARS FROM 1980, CALCULATE THE POPULATION VALUES OF THE FOLLOWING YEARS. YEAR| POPULATION IN MILLIONS| 1981| 69.13| 1982| 70.95| 1983| 72.77| 1984| 74.65| 1985| 76.61| 1986| 78.57| 1987| 80.

65| Barnette 3 WHAT WOULD THE POPULATION IN 1990 HAVE BEEN IF harvest-home HAD CONTINUED IN THE SAME PATTERN? If the growth continues in the same pattern, the population of Mexico in 1990 will be: 87.12 million why IS ECONOMIC GROWTH IMPORTANT? Economic growth is great if businesses are to grow, expand and make money. The more than businesses grow and prosper, the more jobs available for citizenry to make and spend money. It is important to a nation because the growth leads to a greater Gross national Product (GDP) percentage, which also leads to more jobs and more money for people to make and spend. WHY COULD THE DIFFERENCE BETWEEN A 2.5 share AND A 3 PERCENT ANNUAL GROWTH localise BE OF GREAT SIGNIFICANCE... If you want to get a plenteous essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper