account at the end of 8 years?( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
a. Compute the future value of $ 1,000 compounded annually for 10 years at 9 percent.( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
b. Compute the future value of $ 1,000 compounded annually for 10 years at 12 percent.( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
c. Compute the future value of $ 1,000 compounded annually for 15 years at 9 percent.( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
For each of the following, compute the present value( Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.):
Wilkinson Co. has identified an investment project with the following cash flows: Year Cash Flow 1 $ 810 2 1,110 3 1,370 4 1,500 If the discount rate is 11 percent, what is the present value of these cash flows?( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
If the discount rate is 17 percent, what is the present value of these cash flows?( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
If the discount rate is 25 percent, what is the present value of these cash flows?( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
Four months ago, you purchased 1,400 shares of Lakeside Bank stock for $ 16.96 a share. You have received dividend payments equal to $. 60 a share. Today, you sold all of your shares for $ 17.96 a share. What is your total dollar return on this investment?