You plan on going to law school for 3 years starting in 2 years. The cost...
Use the bond term's below to answer the question Maturity 8 years Coupon Rate 5% Face value $1,000 Annual Coupons YTM 6% Assuming the YTM remains constant throughout the bond's life, what is the bond's current yield between periods 4 and 5 ? 5.08% 5.18% 5.33% 4.93% You plan on going to law school for 3 years starting in 4 years. The cost of tuition for the first year will be $40,000 The cost of tuition for the second year...
The current cost of graduate school tuition is $12,000 per year. The cost of tuition is rising at 5.00% per year. You plan to attend graduate school for 2 years starting 2 years from now. How much do you have to invest today if your savings account earns 7.00% APR compounded annually to just fund your tuition?
You plan to go on vacation in 3 year. The vacation wil cost you $10,000 at that time. How much do you have to save today in order to exactly pay for your vacation, if your investment account earns 2.00% APR (compounded annually)? $9,615 $9,423 $9,524 $9,105
You plan to go on vacation in 2 years. The vacation will cost you $7388 at that time. How much must you invest today to fund the vacation if your investment account earns 3% APR compounded annually? Calculate your answer to the nearest dollar and input it as just the number with no dollar sign, commas or decimal points (e.g., 3745)
You plan to retire in year 21 Your retirement will last 25 years starting in year 21 You want to have $50,000 each year of your retirement. How much would you have to invest each year, starting in one year, for 15 years , to exactly pay for your retirement ,if your investments earn 6.00% APR (compounded annually)? Calculate your answer to the nearest dollar. Write only the number with no dollar sign or comma (e.g., 3711)
You plan to retire in year 21 Your retirement will last 25 years starting in year 21 You want to have $50,000 each year of your retirement. How much would you have to invest each year, starting in one year, for 15 years , to exactly pay for your retirement ,if your investments earn 6.00% APR (compounded annually)? Calculate your answer to the nearest dollar. Write only the number with no dollar sign or comma (e.g., 3711)
You plan to go on vacation in 4 year. The vacation wil cost you $10,000 at that time. How much do you have to save today in order to exactly pay for your vacation, if your investment account earns 5.00% APR compounded annually)? $7,949 $9,524 $8,227 $9,615
You want to send your child to one years (12 months) of boarding school starting 6 months from now. The cost of the school is $7,000 per month for 12 months. If your investments earn 3% APR, compounded monthly, how much would you have to invest today to cover the cost of the boarding school?
1) You have two children who will be going to college. The first child will begin 17 years from today, and tuition will be $20,000, $21,000, $22,000 and $23,000 at t=17, 18, 19, and 20. The second will begin college 19 years from today, and tuition will be $22,000, $23,000, $24,000 and $25,000 at t=19, 20, 21, and 22. a) To fund your children’s tuition, you would like to make an equal annual deposit over the next 20 years (first...
You plan to give your child a new car for her graduation in 18 months. The car costs $23,000 How much must you invest today in an account that earns 2.45% APR (compounded monthly) to exactly pay for the car? Calculate your answer to the nearest dollar.