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Contributed by Meenakshi Sundaram, Tennessee Tech University. What nominal and effective rates of return per year were made on this investment?
If the bond interest is payable monthly and the bond matures in 20 years, what nominal and effective rates of return per year will purchaser make on investment?
Determine the effective rate of return if Mike holds the bond to maturity. What effective interest rate will Mike get if he keeps the bond for only 5 years?
If Mildred can buy this bond for $4800, what rate of return will she earn? Contributed by Paul R. McCright, University of South Florida.
What nominal rate of return did the engineer receive from the bond if he held it to its maturity (on October 1, 2011)?
After the first year of payments, what is the outstanding balance? How much interest is paid in Month 13? How much principal?
What is the constant beginning-of-month payment? Of the first payment, what is the interest and the principal paid?
How much will Energy Max's payments drop with the new loan? How much longer will the proposed loan run?
If Sam loan is at a nominal 12% annual rate over 36 months, what is the most expensive car he can purchase?
You are paying off a debt at a nominal 8% per year by paying $400 at the end of each quarter for the next year. Find the interest paid in the last $400 payment.
A year after buying her car Anita has been offered a job in Europe. If she can sell the car for $12,000 how much does she get to keep after paying off the loan?
There will be 60 payments beginning 1 month after graduation. What is the monthly payment? What is owed after the first 2 years of payments?
Which costs $15,000 and has end-of-year maintenance costs of $4000 and a salvage value of $1500 at the end of 4 years.
Which model should be chosen if an annual worth analysis is performed? Contributed by Hamed Kashani and Baabak Ashuri, Georgia Institute of Technology.
Both machines will achieve the same productivity. Interest is 8%. Which one will you recommend? Use a annual worth analysis.
What rate of return will the firm make on this investment? Contributed by Hamed Kashani, Saeid Sadri, and Baabak Ashuri, Georgia Institute of Technology.
What is the IRR of this system? If the company wants to earn at least 12% on all investments, should this system be purchased?
What rate of return per year will the investor make over a 30-year period ignoring the salvage value?
Calculate the nominal annual interest rate she is paying to within ±0.15%. What effective annual interest rate is she paying?
What rate of return, in terms of nominal annual rate, will you realize on this deal?
You spend $1000 and in return receive two payments of $1094.60-one at end of 3 years and other at the end of 6 years. Calculate the resulting rate of return.
If the firm must have $10 million when the mine is closed, what interest rate must the investment earn?
If the engineer wants $1 million in savings at retirement, what interest rate must the investment earn?
What rate of return would the Indians have received if they had retained title to the island rather than selling it for $24?
The down paymentis paid immediately, and the monthly payments are due at the end of each month. What nominal annual interest rate is Helen paying?