# Project #41602 - Finance

You have an investment with 10 semi-annual cash flows of \$1000. The first payment is 6 months from today. If the EAR is 11%, what is the present value of this investment?

If the APR is 7% with semi-annual compounding, compute the monthly rate

You are planning to save for retirement over the next 15 years. To do this, you will invest \$1,100 a month in a stock account and \$500 a month in a bond account. The return on the stock account is expected to be 7 percent, and the bond account will pay 4 percent. When you retire, you will combine your money into an account with a 5 percent return. How much can you withdraw each month during retirement assuming a 20-year withdrawal period?

 Subject Business Due By (Pacific Time) 09/29/2014 10:00 pm
TutorRating
pallavi

Chat Now!

out of 1971 reviews
amosmm

Chat Now!

out of 766 reviews
PhyzKyd

Chat Now!

out of 1164 reviews
rajdeep77

Chat Now!

out of 721 reviews
sctys

Chat Now!

out of 1600 reviews

Chat Now!

out of 770 reviews
topnotcher

Chat Now!

out of 766 reviews
XXXIAO

Chat Now!

out of 680 reviews