[ORDER SOLUTION] Investment Calculations

Question 1After a long confinement period, you are looking for a tour around the world. To finance your dream, the bank Take It For Granted offers you a $58,600 loan in the form of a 60-month fixed payment at an annual rate of 5.2%.(a) Compute what the monthly payment will be. (6 marks)(b) Compute the interest and the principal repaid for month 1, 15 and 45. (5 marks)(c) Describe and explain the observations you are able to make over the differences you can identify on the amount of principal being repaid and the amount of interest between month 1 and month 45.(3 marks)Instead of going for the loan, you decide to go for a tour of New Zealand and tap into the insurance policy your family had set up for you tenyears ago. Your parents made six consecutive contributions to the insurance company as follows:? At inception then at the end of the first and second year $800? At the end of the third, fourth and fifth year $1,000After the sixth payment, no more payments were made. After ten years, the insurance policy can now be terminated, and you will be due to receive $8,000.The relevant interest rate for investing the same amount of money in an interest-bearing account was 5 percent for the first three years and 3 percent for all subsequent years.(d) Compute the value of the contributions made on your policy at the end of the third, sixth and tenth year in the case where they would have been invested in an interest-bearing account instead of the insurance policy. (9 marks)(e) Determine and discuss whether the policy was worth buying. (2 marks)Question 2I am investing $50,000 right now and will add $8,000 each year for the next 10 years. The expected return of this investment is 6.5% per year.(a) Compute the amount you will be expected to have at the end of the tenth year. (5 marks)For each of the following sub-question, assume that only one variable of the investment is changed, while all other variables remain identical to the ones you used to compute the result of sub-question (a)(b) Compute the amount expected at the end of the tenth year if initial investment contribution was increased by $10,000. (2 marks)(c) Compute the amount expected at the end of the tenth year if you withdrew from the investment $10,000 at the end of the sixth year instead of contributing $8,000. (5 marks)(d) Compute the amount expected at the end of the tenth year if the expected return becomes 3.25% compounded semi-annually and you contribute $4,000 every six months instead of $8,000 every year. (5 marks)(e) Determine the amount expected at the end of the fifteenth year assuming you carry on investing $8,000 every year and the expected return for year 11 to 15 is 7%. (5 marks)(f) Determine by which year your investment will reach the $100,000 mark. (3 marks)

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[ORDER SOLUTION] Investment Calculations
Get a 15% Discount on this Paper
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Business and administrative studies
GOOD
Customer 452813, June 30th, 2022
Wellness
The skilled writer did a GREAT job!! Amazing .Thank you!
Customer 452547, June 16th, 2021
Social Work and Human Services
Great Work!
Customer 452587, September 8th, 2021
Social Work and Human Services
Awesome, Work! Didn't have to add much to it. Thank You!
Customer 452587, September 7th, 2021
Technology
Excelled job on the paper!
Customer 452885, December 28th, 2022
Nursing
As usual, the writers do amazing work.
Customer 452707, October 1st, 2022
IT, Web
Great job on the paper.
Customer 452885, February 7th, 2023
Strategic Management
Thanks for the help, really appreciate it
Customer 452821, September 8th, 2022
Other
great
Customer 452813, July 5th, 2022
Social Work and Human Services
Great Job!
Customer 452587, October 27th, 2021
public speaking
The work was excelent and very professional.
Customer 452653, November 1st, 2021
Nursing
Thank you!!!
Customer 452557, June 26th, 2021
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Get top-notch homework help now. 20% off first 10 orders!

NEW

Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now