Get personal help with your studies from any of the 45,000 experienced experts on Studybay

• No intermediaries
• No plagiarism
• Any Subject
• Always on time

Here’s an example of project completed by our experts:

# The Time Value of Money (Example)

## Document Preview:

Student’s Name Professor’s name Class Name Date Module 5 Critical Thinking Assignment The Time Value of Money (100 Points) Complete the following problems. You will likely use a spreadsheet for this assignment but you may choose to type up your answers in a Word document. In either case be sure to show your work. Problem 5-1: Compound Interest Problem 5-2: Present Value Problem 5-3: Future Value Problem 5-4: Present-Value Comparison Problem 5-5: Compound Annuity Problem 5-6: Compound Interest with Nonannual Periods Problem 5-1: Compound Interest To what amount will the following SAR investments accumulate? Solution A)   Investment 4 500 Years 5 Percent 7% FV =  FV = PV x (1 + (i / n)) ^ (n x t) 4500 * 1.07^5 5500*1.015^24 =7862.27 Recalculate part a. using a time horizon of 14 years (the APR is still 3 percent). 5500*1.03^14 =8319.24 e. With respect to the effect of changes in the stated interest rate and holding periods on future sums in parts c. and d. what conclusions do you draw when you compare these figures with the answers found in parts a. and b.? Solution A)       PV 5 500 Years 4 Percent 3% FV =  6190.30 B) Semiannual 4  6444.13 Bimonthly 8  7558.20 C) Rate 9% Annual  7763.70 Semiannual  7821.55 Bimonthly  7862.27 D) Years 14 Annual  8319.24 E) Compounding the present value bimonthly or semi annually generates much more interest than when the same amount of money is compounded annually. [...]

## Order Description:

Complete the following problems: Problem 5-1: Compound Interest Problem 5-2: Present Value Problem 5-3: Future Value Problem 5-4: Present-Value Comparison Problem 5-5: Compound Annuity Problem 5-6: Compound Interest with Nonannual Periods

Subject Area:

Document Type:

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price \$30

Words 825

Pages 3

Completed in 1 day

Expert Cassie Lauryn

## Client Review

waiting for results thanks

Positive
02.18.2018

Similar projects

Subject of the project is Finance   Type of the project is Reports

Subject of the project is Finance   Type of the project is Reports

Subject of the project is Finance   Type of the project is Reports

Subject of the project is Finance   Type of the project is Reports

Subject of the project is Finance   Type of the project is Reports

Subject of the project is Finance   Type of the project is Reports

Subject of the project is Finance   Type of the project is Reports

Subject of the project is Finance   Type of the project is Reports

Need Help With a Project on This or Another Topic?

Cooperate with seasoned experts directly — create your project now and start getting help in 2 minutes.

Studybay top experts

Reviews from Studybay Community

• Our Studybay rating is:
4.9
• Our ReviewCentre rating is:
4.8
• Our SiteJabber rating is:
4.5