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Fin 571 Week 2 Individual Homework

  • Date Submitted: 08/18/2016 02:06 AM
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FIN 571 Week 2 Individual Homework
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Week 2 Individual Homework Submit Through Gradebook In Excel

1- Your daughter would like to attend college in 5 years.   You have determined that if you have   $60,000 when she begins college you will be able to pay for her 4 year degree.   You have opportunity to invest at 12%.   How much must you put away in equal annual payments in order to achieve your goal of $60,000 in 5 years?

2- Assuming you have opportunity to invest at 15 percent, which would you prefer, $12,000 today or $27,000 in 5 years?

3- Beginning in 6 years you will receive $12,000 a year for 4 years from a trust.   You plan to retire in 15 years.   How much will you have at that time from the income of this trust if you have opportunity to invest at 8%?

4- Assuming your interest is compounded monthly, how much will $5,000 grow to in 5 years at an interest rate of 10%?

5- You just received an inheritance of $60,000.   You need to have $40,000 in 5 years for your daughters tuition.   You have opportunity to invest at 12%.   You feel an urgent need to spend your cash on a nice car.   How much can you spend on your car today and still be able to fund the $40,000 tuition in 5 years?

1. Calculating Interest Rate. Find the annual interest rate for the following:
Present Value     Years                 Future Value
$400                             11                     $684
$183                             4                       $249
$300                             7                       $300

1. Present Values. What is the total present value of the following cash-flow stream if the interest rate
is 5 percent?
Year Cash Flow
1 $200
2 $400
3 $300
8- Analyze Ratios For Pharmaceuticals.   Rank all companies in order of financial health based on their respective ratios.   Utilize only the ratios that are underlined and bolded in your ranking.


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