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Financial Math
Write a brief statement reflecting on how a family's lifestyle impacts the amount of money that it needs to make in order to maintain that lifestyle. Include a statement on how a family's attitude on saving, spending, and going into debt, affects its monthly expense budget
Financial Math
Question: Payments of $670 are being made at the end of each month for 5 years at an interest rate of 8% compounded monthly. Calculate the Present value?
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Financial Math
Payments of $ 670 are being made at the end of each month for 5 years at an interest of 8% compounded monthly. Calculate the Present Value.
Financial Math
: Payments of $ 670 are being made at the end of each month for 5 years at an interest of 8% compounded monthly. Calculate the Present Value.
Financial Math
Payments of $670 are being made at the end of each month for 5 years at an interest rate of 8% compounded monthly. Calculate the Present value?
Financial Math
Payments of $ 670 are being made at the end of each month for 5 years at an interest of 8% compounded monthly. Calculate the Present Value
Financial Math
A company is considering investing in a project. The project requires an initial investment
of three payments, each of RM105,000. The first is due at the start of the project, the
second six months later, and the third payment is due one year after the start of the
project.
After 15 years, it is assumed that a major refurbishment of the infrastructure will be
required, costing RM200,000. The project is expected to provide a continuous income
stream as follows:
• RM20,000 in the second year
• RM23,000 in the third year
• RM26,000 in the fourth year
• RM29,000 in the fifth year
Thereafter the continuous income stream is expected to increase by 3% per annum
(compound) at the start of each year. The income stream is expected to cease at the end of
the 30th year from the start of the project. Find the net present value of the project at a
rate of interest of 8% per annum effective (to the nearest RM1,000).
of three payments, each of RM105,000. The first is due at the start of the project, the
second six months later, and the third payment is due one year after the start of the
project.
After 15 years, it is assumed that a major refurbishment of the infrastructure will be
required, costing RM200,000. The project is expected to provide a continuous income
stream as follows:
• RM20,000 in the second year
• RM23,000 in the third year
• RM26,000 in the fourth year
• RM29,000 in the fifth year
Thereafter the continuous income stream is expected to increase by 3% per annum
(compound) at the start of each year. The income stream is expected to cease at the end of
the 30th year from the start of the project. Find the net present value of the project at a
rate of interest of 8% per annum effective (to the nearest RM1,000).
Financial Math
You just turned 25 and got a great job. Wisely, you decide to start saving for retirement
right now. How much should you save at the end of each month (level amount) so that
when you turn 65 and retire you can withdraw RM 5000 per month at the end of the first
month (age 65 and 1 month) and your withdrawals increase by 2% each month thereafter
for 30 years. You can earn a nominal rate of 8% compounded monthly during your working
years and a nominal rate of 6% compounded monthly during your retirement years.
right now. How much should you save at the end of each month (level amount) so that
when you turn 65 and retire you can withdraw RM 5000 per month at the end of the first
month (age 65 and 1 month) and your withdrawals increase by 2% each month thereafter
for 30 years. You can earn a nominal rate of 8% compounded monthly during your working
years and a nominal rate of 6% compounded monthly during your retirement years.
Financial Math
In a shop, all prices are reduced by 20% to give the sale price. The sale price of a TV set is then reduced by 30%.
Mary says,
“30+20=50, so this means the normal price of the TV set is then reduced by 50%”
Is Mary right? You must give a reason for your answer.
Mary says,
“30+20=50, so this means the normal price of the TV set is then reduced by 50%”
Is Mary right? You must give a reason for your answer.
Financial Math
Identify an example of inventory in your own life. Estimate how much it costs you to hold this inventory. Estimate the "ordering cost." How often do you replenish this inventory, and which of the inventory policies does this most closely resemble?
