1)Tim wants to have 127 188 dollars in his investment account in 4 years from today. He expects to earn a return of 5.37 percent per year in that account. Tim plans to make regular equal savings contributions of X per year to his account for 4 years with the first of these regular equal savings contributions made later today. In addition to and separate from the regular contributions of X per year Tim expects to make a special contribution to his account of 13 300 dollars in 2 years from today. What is X the amount of Tim’s regular equal savings contribution?Answer:2)Shelby has 13 700 dollars saved for retirement and plans to make annual contributions of 12 300 dollars to her retirement account. Her first annual contribution to his retirement account is expected in 1 year. Shelby expects to earn 12.94 percent per year in her retirement account. How many contributions of 12 300 dollars does Shelby need to make in order to have 219 964 dollars?Answer:3)Parker currently has nothing saved for his retirement which will start in 4 years from today. Parker wants to receive 37 710 dollars per year for 4 years during retirement. The first of these 4 payments will be received in 5 years from today. Parker can earn a return of 10.97 percent per year on his investments. How much does Parker need to save each year for 4 years to have exactly enough to meet his retirement goal if he makes his first contribution to savings in one year from today and he makes his last contribution on the day that his retirement starts and all contributions are equal?Answer:4)Fairfax Paint just borrowed 50 900 dollars. The terms of the loan require the company to make equal semi-annual payments forever. The first semi-annual payment is due in 6 months. If the regular semi-annual loan payment is 3 950 dollars then what is the EAR of the loan? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.Answer:5)Rocky just borrowed 41 057.25 dollars. The terms of the loan require him to make equal monthly payments for 2 years. His first payment is due today. If Rocky must pay 1 924.03 dollars per month then what is the EAR of his loan? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.Answer:6)Caruso is planning to save 2 921.98 dollars each quarter for 5 years. He plans to make his first contribution to his account in 3 months from today. If he has 7 687 dollars in his account today and expects to have 99 780.02 dollars in his account in 5 years from today immediately after making his last payment then what is the EAR that he expects to earn on his account? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.Answer:7)If Lena invests 9 700 dollars in 6 years from today and 5 300 dollars in 5 year(s) from today in an account that has an expected annual return of 7.44 percent compounded quarterly then how much money will she have in her account in 9 years from today?Answer:8)A movie is expected to produce cash flows of 18 200 dollars per month with the first monthly cash flow expected later today and the last monthly cash flow expected in 5 months from today. The cost of capital for the movie is 17.88 percent per year. What is the value of the movie?Answer:9)Ollie has 14 400 dollars in his retirement account. He plans to make quarterly contributions of 13 500 dollars to his account. His first quarterly contribution to his retirement account is expected in 3 months. Ollie expects to earn a return of 19.64 percent per year in his retirement account. How many quarterly contributions of 13 500 dollars does Ollie need to make to his retirement account to reach 250 323 dollars?Answer:
