2009-06-19 233132 Vsmith

Satisfactory Essays
1. Susan Robinson is planning for her retirement. She is 30 years old today and would like to have \$600,000 when she turns 55. She estimates that she will be able to earn a 9 percent rate of return on her retirement investments over time: she wants to set aside a constant amount of money every year (at the end of the year) to help achieve her objective. How much money must Robinson invest at the end of each of the next 25 years to realize her goal of \$600,000 at the end of that time?

\$600,000 = PMT(FVIFA.09,25) = PMT(84.701) PMT = \$7,083.74

2. Two investment opportunities are open to you: Investment 1 and Investment 2. Each has an initial cost of \$10,000. Assuming that you desire a 10 percent return on your initial investment, compute the net present value of the two alternatives and evaluate their relative attractiveness: INVESTMENT 1 INVESTMENT 2 CASH FLOWS YEAR CASH FLOW YEAR 5,000 1 8,000 1 6, 000 2 7,000 2 7,000 ; 3 6,000 3 8,000 4 5,000 4

NPV1 = -\$10,000 + \$5,000(0.909) + \$6,000(0.826) + \$7,000(0.751) + \$8,000(0.683)
= \$10,222
NPV2 = -\$10,000 + \$8,000(0.909) + \$7,000(0.826) + \$6,000(0.751) + \$5,000(0.683)
= \$10,975 This is the preferred alternative.

3. Your great-uncle Claude is 82 years old. Over the years, he has accumulated savings of \$80,000. He estimates that he will live another 10 years at the most and wants to spend his savings by then. (If he lives longer than that, he figures you will be happy to take care of him) Uncle Claude places his \$80,000 into an account earning 10 percent annually and sets it up in such a way that he will be making 10 equal annual withdrawals-the first one occurring one year from now- such that his account balance will be zero at the

You May Also Find These Documents Helpful

• Satisfactory Essays

Rule 19, 06

• 444 Words
• 2 Pages

pleaded not guilty but thereafter privately admitted to Attorney X that he did commit the crime charged. In light of B’s admission, what should Attorney X do? Attorney X should suggest to B that he should plead guilty to the crime as charged. Canon 19, Rule 19.02 of the Code of Professional Responsibility states that a lawyer who has received information that his client has, in the course of the representation, perpetrated a fraud upon a person or tribunal, shall promptly call upon the client to…

• 444 Words
• 2 Pages
Satisfactory Essays
• Satisfactory Essays

06

• 4188 Words
• 33 Pages

Chapter 6: Additional Database Objects TRUE/FALSE 1. A sequence serves as a nickname for a database object. ANS: F PTS: 1 REF: 158 2. A database index allows users and application programs to quickly locate specific records. ANS: T PTS: 1 REF: 158 3. A synonym is an alternate name assigned to a database object. ANS: T PTS: 1 REF: 158 4. When a positive value is assigned to the INCREMENT BY clause of the CREATE SEQUENCE command, numeric values are generated in descending order. ANS: F…

• 4188 Words
• 33 Pages
Satisfactory Essays
• Good Essays

06

• 865 Words
• 6 Pages

www.batabd.com Bata is a trusted name in shoe market all around the world. Bata Shoe Company ( Bangladesh) Ltd. is one of the leading shoe ret ailers in our cou ntr y . T oda y t he B at a S hoe O rganizat ion is a sprawling geo - centr ic company encompas sing operations in more than 70 countries around the world and is managed by 4 Meaningful Busines s Units ( MBU) acros s 5 continents. I t serves more than 1 million customers per day, employs more than 42,000 people, operates more than 5,500…

• 865 Words
• 6 Pages
Good Essays
• Powerful Essays

Chapter 06

• 1952 Words
• 21 Pages

Introduction to information & Communication Technologies Chapter 06 Output Lecturer: Sana Aurangzeb sanaa.uos@gmail.com https://sites.google.com/site/csict2021 1 What Is Output? • Output is data that has been processed into a useful form Pages 304 – 305 Figure 6-1 Discovering Computers 2010: Living in a Digital World Chapter 6 2 What Is Output? • An output device is any type of hardware component that conveys information to one or more people Display devices Interactive whiteboards Page…

• 1952 Words
• 21 Pages
Powerful Essays
• Satisfactory Essays

Ms 06

• 250 Words
• 1 Page

ASSIGNMENT Course Code : MS-6 Course Title : Marketing for Managers Assignment Code : MS-06/TMA/SEM-II/2012 Coverage : All Blocks Note: Answer all the questions and send them to the Coordinator of the Study Centre you are attached with. 1. Discuss the various characteristics of services that make them unique from product. Briefly explain the implications of these characteristics in designing suitable…

• 250 Words
• 1 Page
Satisfactory Essays
• Good Essays

ASSIGNMENT 06

• 886 Words
• 5 Pages

Student ID: 1312311 Full name: Hùynh Văn Lâm ASSIGNMENT 06 1). Exercises 6.5.1: Write the following database modifications, based on the database schema Product (maker , model , type) PC (model , speed , ram , hd , rd , price) Laptop (model , speed , ram , hd , screen , price) Printer (model , color , type , price) of Exercise 5.2.1. Describe the effect of the modifications on the data of that exercise. a)Using two INSERT statements store in the database the fact that PC model 1100 is made…

• 886 Words
• 5 Pages
Good Essays
• Powerful Essays

Ms-06

• 6765 Words
• 28 Pages

UNIT 1 QUANTITATIVE DECISION MAKING - AN OVERVIEW Objectives After studying this unit, you should be able to: • • • • • • • understand the complexity of today's managerial decisions know the meaning of quantitative techniques know the need of using quantitative approach to managerial decisions appreciate the role of statistical methods in data analysis know the various models frequently used in operations research and the basis of their classification have a brief idea of various statistical methods…

• 6765 Words
• 28 Pages
Powerful Essays
• Best Essays

Starbucks in 2009

• 3141 Words
• 13 Pages

STARBUCKS IN 2009 1 TABLE OF CONTENT Starbucks issues and causes…………………………………………...….……………….2 Starbucks current strategies and evaluation…………………………..…….……………..4 Analysis and recommendations………………………………………………………….10 SOAR analysis……………………………………………………..………………..10 Competitive analysis…………………………………………………………….......11 Value chain analysis…………………………………………………………………14 Recommendations……………………………………….………………..…………17 Appendix………………………………………………………........................................18 References………………………………

• 3141 Words
• 13 Pages
Best Essays
• Powerful Essays

Gat 2009

• 6532 Words
• 27 Pages

Victorian Certiﬁcate of Education 2009 General Achievement Test Thursday 11 June 2009 Reading time: 10.00 am to 10.15 am (15 minutes) Writing time: 10.15 am to 1.15 pm (3 hours) QUESTION BOOK Structure of book Type of questions Number of questions to be answered Suggested times (minutes) Suggested time allocation Writing Task 1 Writing Task 2 Multiple-choice questions 1 1 70 30 30 120 10.15 – 10.45 10.45 – 11.15 11.15 – 1.15 • Students are permitted to bring into the examination…

• 6532 Words
• 27 Pages
Powerful Essays
• Good Essays

Htc in 2009

• 1459 Words
• 6 Pages

HTC Corp. in 2009 1. Analysis of HTC’s Performance to Date (as of 2009) Delivering high quality products to the market, HTC has performed very well as a mobile handset provider by 2009. It seems that HTC’s change in marketing strategy to gain brand awareness was successful at that moment. Although increased cost on R&D weighs on its financial status, overall status of the company is still healthy enough. However, there are still several issues which the company has to address to achieve…

• 1459 Words
• 6 Pages
Good Essays