Please help 3. Saundra purchased S8,000 worth of cryptocurrency several years ago. She expects the value of thecryptocurrency to increase over time, and she plans on selling the cryptocurrency when the value ofit has doubled from her original purchase price. She keeps track of what the value of hercryptocurrency Is each year, and those amounts are shown in the table below.Value ofcryptocurrency(dollars)Years afterPercent "remalning" from prevlous amount(round to 1 decimal place)D.$8,000N/A1.$8,800$9,1003.$9,5004.$10,200$10,500$11,1 00al Fill in the table by calculating the percent remaining after each time unit.b) txplain why "N/A"15 a0propriate forthe first rell of the "Percent remaning" column.c) Calcu ate the average percentremaning value. Round your answer to L decmal place,

The alternative payment method known as a cryptocurrency was developed utilizing encryption methods.…

3. Saundra purchased $8,000 worth of cryptocurrency several years ago. She expects the value of the cryptocurrency to increase over time, and she plans on selling the cryptocurrency when the value of it has doubled from her original purchase price. She keeps track of what the value of her cryptocurrency is each year, and those amounts are shown in the table below. Years after purchase 0 1 2 3 4 5 6 Value of cryptocurrency (dollars) $8,000 $8,800 $9,100 $9,500 $10,200 $10,500 $11,1 00 Percent "remaining" from previous amount (round to 1 decimal place) N/A a) Fill in the table by calculating the percent remaining after each time unit. b) Explain why "N/A" is appropriate for the first cell of the "Percent remaining" column. c) Calculate the average percent remaining value. Round your answer to I decimal place.

3. Saundra purchased $8,000 worth of cryptocurrency several years ago. She expects the value of the cryptocurrency to increase over time, and she plans on selling the cryptocurrency when the value of it has doubled from her original purchase price. She keeps track of what the value of her cryptocurrency is each year, and those amounts are shown in the table below. Years after purchase 0 1 2 3 4 5 6 Value of cryptocurrency (dollars) $8,000 $8,800 $9,100 $9,500 $10,200 $10,500 $11,1 00 Percent "remaining" from previous amount (round to 1 decimal place) N/A a) Fill in the table by calculating the percent remaining after each time unit. b) Explain why "N/A" is appropriate for the first cell of the "Percent remaining" column. c) Calculate the average percent remaining value. Round your answer to I decimal place.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Long time ago Lisa had put an amount of $50,000 into an investment in the securities market. Now she has $150,000 in her investment account. Required: a) If the average rate of return Lisa earned for the investment is 7.6% per year, how many years she has maintained the investment so far? b) If the Lisa would have wished to obtain the target of $150,000 within 10 years only, how much money should she put into the initial investment given the same rate of return is applied? c) Assume that Lisa would like to put the amount of $150,000 into another investment and aims for a new saving target of $500,000 to buy a new house in 12 years. How much is the rate of return should Lisa aim for to get her $500,000 after 12 year? d) Lisa has another option for her plan to buy a new house: Using $150,000 as a deposit and get a mortgage from a bank to buy the new house. ANZ bank offered Lisa the lending interest rate of 4.85% per year, compounding semi-annually. Commonwealth Bank offered…
Vidhi is investing in some rental property in Collegeville and is investigating her income from the investment. She knows the rental revenue will increase each year, but so will the maintenance expenses. She has been able to generate the data that follows regarding this investment opportunity. Assume that all cash flows occur at the end of each year and that the purchase andsale of this property are not relevant to the study. If Vidhi’s MARR = 6% per year, what is the FW of Vidhi’s projected net income?
A long time ago Lisa had put an amount of $50,000 into an investment in the securities market. Now she has $150,000 in her investment account. Required: If the average rate of return Lisa earned for the investment is 7.6% per year, how many years she has maintained the investment so far? If Lisa would have wished to obtain the target of $150,000 within 10 years only, how much money should she put into the initial investment given the same rate of return is applied? Assume that Lisa would like to put the amount of $150,000 into another investment and aims for a new saving target of $500,000 to buy a new house in 12 years. How much is the rate of return should Lisa aim for to get her $500,000 after 12 years? Lisa has another option for her plan to buy a new house: Using $150,000 as a deposit and get a mortgage from a bank to buy the new house. ANZ bank offered Lisa the lending interest rate of 4.85% per year, compounding semi-annually. Commonwealth Bank offered her a lending rate of…
(Related to Checkpoint 5.6) (Solving for) Kirk Van Houten, who has been married for 22 years, would like to buy his wife an expensive diamond ring with a platinum setting on their 30-year wedding anniversary. Assume that the cost of the ring will be $12,000 in 8 years. Kirk currently has $4,487 to invest. What annual rate of return must Kirk earn on his investment to accumulate enough money to pay for the ring? The annual rate of return Kirk must earn on his investment to accumulate enough money to pay for the ring is (Round to two decimal places.) ||| < %.
(Related to Checkpoint 5.6) (Solving for i) Kirk Van Houten, who has been married for 23 years, would like to buy his wife an expensive diamond ring with a platinum setting on their 30-year wedding anniversary. Assume that the cost of the ring will be $11,500 in 7 years. Kirk currently has $4,595 to invest. What annual rate of return must Kirk earn on his investment to accumulate enough money to pay for the ring? The annual rate of return Kirk must earn on his investment to accumulate enough money to pay for the ring is nothing%. (Round to two decimal places.)
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Kate deposited P5,000 to her bank account every year when she was in high school for four years to prepare for her college degree. She took an engineering course and since then, she stopped depositing to her bank account. Right after graduation (she graduated on time), she got a job that pays P250,000 a year. If she continues to deposit to the same bank account P50,000 every year for 10 years, calculate the future worth after 30 years if the deposits are made at the end of each year and the bank pays 2% interest per year. *Please show your correct and complete solutions to this problem. Thank you!*
Kirk van Houten, who has been married for 23 years, would like to buy his wife an expensive diamond ring with a platinum setting on their 30-year anniversary. Assume that the cost of the ring will be $10,500 in 7 years. Kirk currently has $4,555 to invest. What annual rate of return must Kirk earn on his investment to accumulate enough money to pay for the ring? The annual rate of return Kirk must earn on his investment to accumulate enough money to pay for the ring is Round to the decimal places

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