1 annuity at what interst rate will a payment of 639 grow, Ask an Expert

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1. Annuity. At what interst rate will a payment of $639 grow to 20,698.87 over a period of 14 years? Calculate in Microsoft Excel

2. Annuity. How many years will it take for a payment of $868 to grow to 13,833.68 at a compound rate of 10 percent ?

3. Bond. What is the yield to maturity of a $1000 par value bond with a 10.5 % semi-annual coupon and 20 years to maturity and a 1009 price? Calculate in Excel.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92811082

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