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1 Suppose you deposit $1,054
1
Suppose you deposit $1,054.00 into an account 5.00 years from today. Exactly 12.00 years from today the account is worth $1,747.00. What was the account's interest rate? Submit Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required. Will accept decimal format rounded to 5 decimal places (ex: 0.09243))
2
22 What is the value today of a money machine that will pay $2,055.00 per year for 15.00 years? Assume the first payment is made one year from today and the interest rate is 12.00%. Submit Answer format: Currency: Round to: 2 decimal places,
3
Select any one company listed on the Australian S&P/ASX200 Index and discuss that company’s 2020 mission statement/vision. There is a word limit of 200 words for this question.
Expert Solution
1
Overall rate of return in 7 years= (closing balance opening balance)/opening balance
= (1747-1054)/1054
=65.7495%
Compounded rate of return which is required to get similar return would be
= 65.75952/(1+n)^5)-1)
= 10.634%
Correct rate is 10.634%
2
Value today = Annuity * [1 - 1 / (1 + r)^n] / r
Value today = 2055 * [1 - 1 / (1 + 0.12)^15] / 0.12
Value today = 2055 * [1 - 0.182696] / 0.12
Value today = 2055 * 6.810864
Value today = $13,996.33
3
ANSWER
BHP Billiton Mission, Vision & Values
BHP Billiton Mission Statement
At BHP Billiton our objective is to be the company of choice - creating sustainable value for our shareholders, employees, contractors, suppliers, customers, business partners and host communities....We aspire to Zero Harm to people, our host communities and the environment and strive to achieve leading industry practice. Sound principles to govern safety, business conduct, social, environmental and economic activities are integral to the way we do business.
BHP Billiton Vision Statement
BHP Billiton strives to create long-term value through the discovery, development and conversion of natural resources, and the provision of innovative customer and market-focused solutions. BHP Billiton is committed to a long-term strategy of investing in low-cost, world-class, expandable and export -orientated operations that reflect diversification across markets and geographic regions. The objective at BHP Billiton is to be the company of choice by creating sustainable value for their contractors, employees, shareholders, suppliers, customers and business partners. BHP Billiton aspires to Zero Harm to people, their host communities and the environment and strives to achieve leading industry practice
BHP Billiton Values
- Sustainability
- Integrity
- Respect
- Performance
- Simplicity
- Accountability
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