ECN 801 Midterm: CECN801 – W2013 Midterm1
Document Summary
Cecn801 midterm exam : mark the correct answer on your scantron form. Answers were rounded to the nearest dollar when within 10 cents of an integer. Calculations are correct to 4 positive decimal places. ) (20 questions: 5% each) Time 0: +200 and - p. Time 1, 2 and 3: +225. Time 4 and 5: +250. Time 6,7 and 8: +275. Find the unknown value of y that satisfies the equivalence. (#3. 38) Note that the first deposit occurs at the end of the first year (t=1). Determine the amount in the fund immediately after the. Any money that is put into the account will earn an interest rate of 6% compounded annually. You are looking for a growth stock whose value can grow to (at least) ,000 over 7 years. What is the minimum growth rate you are looking for? (#3. 53: 22, 21, 20, 19, 18, consider the following cf"s. Money can be deposited at 6% compounded monthly.
