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Instructions Assignment Submission & 5 coring Compound interest: PV , PV, and changeng
rates Assignment Submission For this asygnmenic, you submit arbwers by For this assignment
iand for al fotare essicnmonts as well enter your answers. question parts. The number of
wutamsions as folows. remaining for each question part only changet if yousiubmit or change the
anpwer. 1) For dolar ameunst, enter as ox.x. Omit all 1 xegns and commas. Assignmeat Scaring
2) Fer perternaget. enter as a pertent in the formo x 0 axth omiting alf is Your iasl submiction is
ised for yeur scere. yogis. D) Aways round aceording to standard fults of foonding. If ths is
eiferent in any way for a specific problem. you wall see a mestage informing you of the change.
1. [ R Points] (a) State the value if the acepynt at the end of the It rara. 5 (8) Shate the total
amgunt of intereit edined an the acoeunt dunng the 11 yedrs. 5 2. [ 11 Points] 527 s. 2. [ /1 Points
] for the heot 3 yeuri. Stabe the value of the accesat as the end of 4 yeart. 3 4. [-f4 Points] for the
note? Wways round according to standard rules of rounding. vis is different in any way for a
specific problem, you will see a message orming you of the change. Find the cost today of a 3
month $100000 Treasary bat that is sold at a bank discount rate of 3.5% . $ [1/1 Points] A person
needs 3625 today from a lending company that makes loans based on a bank discount rate should
the person ask for 50 that he/she walis out with $625 and the loan is to be repaid in 18 mont $
[0/1 Points] State the equivalent simple interest rate for a 17.5% bank discount an a 125 day
loan. x % [-/2 Points] Mark signs a note promising to pay sa25 in 2 years with simple interest at
9.75% . Then, 12 months the holder of the note seils it to a local bark which discounts the note
based on a bank discount rate (a) What did the bank pay the holder of the note when it was sold
12 months before maturity? $ (b) What simple interest rate did the bolder of the note earn for the
time the note was held? finter) your anwwer is less than 0 , type 9999 )

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Instructions Assignment Submission -& 5 coring Compound interest- PV-.docx

  • 1. Instructions Assignment Submission & 5 coring Compound interest: PV , PV, and changeng rates Assignment Submission For this asygnmenic, you submit arbwers by For this assignment iand for al fotare essicnmonts as well enter your answers. question parts. The number of wutamsions as folows. remaining for each question part only changet if yousiubmit or change the anpwer. 1) For dolar ameunst, enter as ox.x. Omit all 1 xegns and commas. Assignmeat Scaring 2) Fer perternaget. enter as a pertent in the formo x 0 axth omiting alf is Your iasl submiction is ised for yeur scere. yogis. D) Aways round aceording to standard fults of foonding. If ths is eiferent in any way for a specific problem. you wall see a mestage informing you of the change. 1. [ R Points] (a) State the value if the acepynt at the end of the It rara. 5 (8) Shate the total amgunt of intereit edined an the acoeunt dunng the 11 yedrs. 5 2. [ 11 Points] 527 s. 2. [ /1 Points ] for the heot 3 yeuri. Stabe the value of the accesat as the end of 4 yeart. 3 4. [-f4 Points] for the note? Wways round according to standard rules of rounding. vis is different in any way for a specific problem, you will see a message orming you of the change. Find the cost today of a 3 month $100000 Treasary bat that is sold at a bank discount rate of 3.5% . $ [1/1 Points] A person needs 3625 today from a lending company that makes loans based on a bank discount rate should the person ask for 50 that he/she walis out with $625 and the loan is to be repaid in 18 mont $ [0/1 Points] State the equivalent simple interest rate for a 17.5% bank discount an a 125 day loan. x % [-/2 Points] Mark signs a note promising to pay sa25 in 2 years with simple interest at 9.75% . Then, 12 months the holder of the note seils it to a local bark which discounts the note based on a bank discount rate (a) What did the bank pay the holder of the note when it was sold 12 months before maturity? $ (b) What simple interest rate did the bolder of the note earn for the time the note was held? finter) your anwwer is less than 0 , type 9999 )