Future value = [($2,000 * (1.06)2] + [$2,000* (1.06)1] + [$2,000 * (1.06)1]
Future value = $2,247.20 + $2,120 + $2,000
Future Value = $6,367.20
Value of Investment at the end of 3 years = $6,367.20
Question 3 0.13 pts You invest $ 2,000 at the end of each year for the...
How much must you invest today in order to receive $10,000 at the end of each year for the next 8 years assuming you can earn 5 percent interest? Question 3 0.13 pts You invest $ 2,000 at the end of each year for the next 3 years. Calculate the value of the investment at the end of 3 years assuming you earn 6% interest.
How much must you invest today in order to receive $10,000 at the end of each year for the next 8 years assuming you can earn 5 percent interest? Question 3 0.13 pts You invest $ 2,000 at the end of each year for the next 3 years. Calculate the value of the investment at the end of 3 years assuming you earn 6% interest.
You invest $ 2,000 at the end of each year for the next 3 years. Calculate the value of the investment at the end of 3 years assuming you earn 6% interest. Please use the table provided under the EC Time Value of Money Module otherwise you may be marked wrong due to rounding.
Question 1 0.13 pts You deposit $7,000 in the bank today. Calculate the value of the $ 7,000 at the end of 5 years assuming you earn 4 percent interest.
If you invest $2,000 at the end of each year for five years and you earn 7% interest compounded annually, how much will you have accumulated at the end of the fifth year?
Question 4 0.13 pts The company you work for wants to purchase a new piece of equipment that is estimated to cost $100,000 3 years from now. How much must they invest today in order to have the $100,000 in 3 years assuming they earn 4% interest?
Value of Investment. Dawn decides to invest $2,000 each year in stock at the end of each of the next five years. She believes that she can com a be worth at the end of the years? remove the time period. How much will r estent At the end of five years, Dawn's rivestment be worn Round to the newest coa) Enter your answer in the answer box
Question 11 2 pts Assume that you invest $750 at the end of each quarter for the next 20 years into a mutual fund. The annual rate of interest you expect to earn in this account is 5.25%. The amount in the account at the end of 20 years would be $60,000 $105,040 $37,009 $123,511 $115,637
Please show all steps: You invest $2,000 and receive $200 each year for 10 years and an additional payment of $2,000 at the end of the 10th year. What is the return of investment? If you received instead, $1,000 in 3 years and $2,000 in 6 years. What is the return of investiment?
How much must you invest today in order to receive $10,000 at the end of each year for the next 8 years assuming you can earn 5 percent​ interest?