assignment 3 mis325

8/17/2019 Assignment 3 MIS325

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2/11

uction.


3/11

Before doing anything, rename this file as: Lastname_Firstname_Assignment3.xlsx (go to file, then select save as)

This sheet has four parts: payment, future value, present value and Net present value

PART #1: PaymentPresent Value $30,000.00

Interest Rate per period 0.63%

# of Periods 48

Future Value $0.00

Periodic Payments ($725.37)

PART #: Future ValuePrincipal Amount -$7,777.00


# of Periods 20

Periodic Payments -$8,888.00

Future Value $214,513.96

PART #!: Present ValueFuture Value $49,500.00


# of Periods 60

Periodic Payments $3,500.00

Present Value ($183,364.79)

Remem"er to do all four parts

$ou %ant to purchase a car &o you decided to ta'e an Auto loan of (!),))) *no%+

$ou are reuired to ma'e payment at the end of every month The annual interest rat $ou have to pay off the loan in 0 years

Fill each cell in the ta"le %ith the riht value and calculate the periodic payment

A company2s ne% pro3ect is e4pected to return (!,.)) at the end of every month for .Also, it is e4pected to et (05,.)) at the end of . yearsThe annual interest rate is 1

Fill each cell in ta"le %ith the riht value and calculate the present value of all the futureturns

$ou %ant to "uild a home after . years so you plan to save a part of your earnins in%hich has a period of . years

$ou are reuired to pay (-,--- no%, and (6,666 at the start of every uarter The annurate is ../ 7hat is the amount that you %ill receive after . years8

Fill each cell in the ta"le %ith the riht value and calculate the future value

55


4/11

PART #0: Net Present ValueRate of return 10%

Signing bonu $1,000,000.00

!a"#ent at en of ear1 $2,000,000.00

!a"#ent at en of ear2 $2,000,000.00

!a"#ent at en of ear3 $2,000,000.00

&!' of aboe *e#e $5,973,703.98

An NBA player is to receive a $1,000,000 signing bonus today, an$2,000,000 one year, two years, and three years from now. Assur0.10 and ignoring ta! considerations, would he be better of rec$",000,000 today#

o answer the above %uestion, &ll each cell in table with the rightand calculate the net present value of the yearly payment schemcompare that to the alternate scheme of receiving $",000,000 to'hich scheme is better for the NBA player#


5/11

is -.)/

ears./

re

n annuity

l interest


6/11

ingeiving

value. Now,ay.


7/11

9oal&ee'

a4imum &core

'erba+ 100 83.00

na+"tia+ 100 95.00

Total )) 1-6))

/ &core 65))/

S"raue *one erie o#an" *arge uto#er int*e fo++oing a". /*e #ont*+" +oa+ *one a++ i a fie*arge of $30. or +ong itane a++, it i 8 ent er#inute. /*e +eft tab+e *o tota+ #inute a uto#er#ae for +ong itane a++. a+u+ate1) /*e +ong itane *arge for ea* #ont*.2) /ota+ *arge (+oa+ +u +ong itane) for ea* #ont*.3) nnua+ tota+ *arge of +oa+ an +ong itane.4) !erentage of annua+ tota+ *arge for ea* #ont*.orret ue of re+atieabo+ute referene i reuire.

;ntrance ;4am

In this %or'sheet, select cell


8/11

This sheet has t%o pro"lems: ourly Rate and Bisounts

Pro"lem #1: ourly RateReular ourly Rate $17.89

?vertime ours Threshold 40.00

?vertime Rate $37.89

;mployeeira 24 429.36

Suan 37.5 670.88

#e+ie 35 626.15

San" 46 942.94

/o# 52.5 1189.23

!at 37.5 670.88

an 47 980.83

Pro"lem #: BiscountsBeep Biscount Rate * .)+ 250 $14.99

Reular Biscount Rate *.) G 1.)+ 150 $20.99

Reular Rate *other%ise+ $26.99


9/11

(A) B*9o to a ne% *separate+sheet In this%or'sheet, copy over the;mployee ta"le *A-:


10/11

;mployee 7ee'ly 7or'in ours Annual 7or'in ours 7ee'ly 7ae #e+ie 35 1820 $626.15

an 47 2444 $980.83

ira 24 1248 $429.36

!at 37.5 1950 $670.88

San" 46 2392 $942.94

Suan 37.5 1950 $670.88

/o# 52.5 2730 $1,189.23


11/11

Annual 7ae$32,559.80

$51,003.16

$22,326.72

$34,885.50

$49,032.88

$34,885.50

$61,839.70

assignment 3 mis325

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