He Saved
Chapter 3 HW A
3
(a) The future value of a $1,000 savings deposit after eight years at an annual interest rate of 4 percent. Use Exhibit 1.A. (Round time
value factor to 3 decimal places and final answer to 2 decimal places.)
Future value
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(b) The future value of saving $2.480 a year for five years at an annual interest rate of 3 percent. Use Exhibit 1.B. (Round time value
factor to 3 decimal places and final answer to 2 decimal places.)
References
Future value
(c) The present value of a $2,530 savings account that will earn 2 percent interest for four years. Use Exhibit 1-C (Round time value
factor to 3 decimal places and final answer to 2 decimal places.)
Present value

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

Which of the following would classify as a general education requirement

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u. s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht. a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?