# FIN 100 WK 5 HW

· Chapter 9:  · P6. Determine the introduce appreciates if \$5,000 is current in the forthcoming (i.e., at the end of each implied span determination) in each of the aftercited situations: · 5 percent for ten years · 7 percent for seven years · 9 percent for foul-mouthed years · P9. Assume you are planning to endue \$5,000 each year for six years and accomplish obtain 10 percent per year. Determine the forthcoming appreciate of this annuity if your foremost \$5,000 is endueed at the end of the foremost year. · P10. Determine the introduce appreciate now of an enduement of \$3,000 made one year from now and an affixed \$3,000 made two years from now if the annual remittance rebuke is 4 percent. · P11. What is the introduce appreciate of a advance that calls for the reimbursement of \$500 per year for six years if the remittance rebuke is 10 percent and the foremost reimbursement accomplish be made one year from now? How would your counter-argument qualify if the \$500 per year occurred for ten years? · P12.  Determine the annual reimbursement on a \$500,000, 12 percent calling advance from a commercial bank that is to be amortized balance a five-year determination. · P13.  Determine the annual reimbursement on a \$15,000 advance that is to be amortized balance a foul-mouthed-year determination and carries a 10 percent curiosity-behalf rebuke. Also just a advance amortization catalogue for this advance. · P15. Assume a bank advance requires an curiosity-behalf reimbursement of \$85 per year and a highest reimbursement of \$1,000 at the end of the advance's eight-year estate. · At what total could this advance be sold for to another bank if advances of homogeneous kind carried an 8.5 percent curiosity-behalf rebuke? That is, what would be the introduce appreciate of this advance? · Now, if curiosity-behalf rebukes on other homogeneous-kind advances are 10 percent, what would be the introduce appreciate of this advance? · What would be the introduce appreciate of the advance if the curiosity-behalf rebuke is 8 percent on homogeneous-kind advances?