This paper circulates around the core theme of FINC 3010 – If you received $10,000 5 years back, what is its value today together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
If you received $10,000 5 years back, what is its value today if the appropriate interest rate is 8% and interest is compounded monthly?At what annual rate of return can you triple your money in 8 years if interest is compounded monthly?At what annual rate of return can you quadruple (means 4 times) your money in 16 years, if interest is compounded quarterly?How many periods will it take you to quadruple (means 4 times) your money at 7%, if interest is compounded semi-annually? how many years will it take?How many periods will it take $500 to grow to$8,000 if you believe you can earn interest at the rate of 9% compounded monthly? how many years will it take?What is the present value of $15,500 received in 10 years if interest of 1% is compounded monthly?What is the present value of $22,000 received in 5 years if interest of 1% is compounded quarterly?
