If you invest $71,136.92 today, how much will your investment grow to in 14 years if the interest rate is 1.13%, and interest is compounded monthly?
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If you invest $71,136.92 today, how much will your investment grow to in 14 years if...
If you invest $1,000,000 for 10 years, how much will your investment grow to if you can earn 5% p.a. compounding monthly? Select one: a. $1,628,894.63 b. $1,647,009.50 c. $1,700,883.22 d. $607,161.04 e. $1,344,556.09
a. You are saving for retirement 10 years from now. How much should you invest today so you will have an annuity of $20,000 per year for 20 years starting from the 11" year? b. If you were to invest $10,000 today @6%, how much would you have at the end of 15 years? C. You are planning to save $100,000 for a yacht purchase 5 years from now. If you believe you can earn an 8% rate of return,...
You have your choice of two investment accounts. Investment A is a 14-year annuity that features end-of-month $1,200 payments and has a rate of 6.9 percent compounded monthly. Investment B is a lump-sum investment with an interest rate of 6.4 percent compounded continuously, also good for 14 years. How much money would you need to invest in B today for it to be worth as much as Investment A 14 years from now? (Do not round intermediate calculations and...
How much must Susie invest today to have $20,000 in 6 years in an account with an interest rate of 10% compounded annually? How much less would she have to invest if the interest compounded monthly?
Your investment account pays 5.2%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20? Select the correct answer. a. 14.70 b. 13.30 c. 16.10 d. 11.90 e. 10.50
Your investment account pays 7.2%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20? Select the correct answer. a. 8.68 b. 4.48 c. 7.28 d. 10.08 e. 5.88
An investment costs $36,766.29 today. If it matures in 10 years, and the interest rate of 3.21% is compounded daily, how much will the security be worth at maturity? Answer = Cash Flow = R = N =
You are considering an investment that has a payoff of $46,276.27 in 10 years. If the interest rate is 5.13%, and interest is compounded monthly, then what is this investment worth to you today? Answer = Cash Flow = R = N =
1. What is the amount you would need to invest today or order to have $30,000 in 20 years and your investment has a 5% rate of return that is compounded annually? Round your answer to the nearest cent. 2. How much would you need to invest today in order to receive a monthly payment of $500 for 3 years. At the end of the three years there will be nothing left in the investment. This investment will yield 12%....
PART A: If you invest $11,000 today at 11% interest, how much will you have in 11 years? A. $28,016 B. $17,688 C. $34,669 D. $31,712 PART B: How much must you invest at 5% interest in order to see your investment grow to $5,000 in 5 years? A. $3,918 B. $3,415 C. $3,105 D. None of the above