You want to have $17,000 in 10 years for a dream vacation. If you can earn...
You want to have $17,000 in 10 years for a dream vacation. If you can earn an interest rate of .4 percent compounded monthly, how much will you have to deposit today?
You want to have $12,000 in 10 years for a dream vacation. If you can earn an interest rate of .9 percent per month, how much will you have to deposit today?
You want to have $11,000 in 8 years for a dream vacation. If you can earn an interest rate of .7 percent per month, how much will you have to deposit today?
To fund your dream around-the-world vacation, you plan to save $1,250 per year for the next 12 years starting one year from now. If you can earn an interest rate of 5.71 percent, how much will you have saved for your vacation? Multiple Choice o $18,431.38 o $20,018.86 o $19,832.35 o О $20,73382 $20,733.82 o $19,582.60 The value of the following cash flows four years from today is $8,487.54. The interest rate is 5.6 percent. What is the value of...
You decide to save for your dream vacation to Europe (London, Paris, and Rome). You want to be able to travel in 9 years. If you believe your trip will cost $5,845 and you can earn 9.2 percent annual interest on your savings, how much must you deposit today so you can afford your trip in 9 years? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR.
You want to have $78,000 in 16 years to help your child attend college. If you can esrn an annual interest rate of 3.4 percent, how much will you have to deposit today? You want to have $78,000 in 16 years to help your child attend college. If you can earn an annual interest rate of 3.4 percent, how much will you have to deposit today? Multiple Choice $45,684.20 $44,182.01
You want to retire exactly 30 years from today with $1,980,000 in your retirement account. If you think you can earn an interest rate of 10.19 percent compounded monthly, how much must you deposit each month to fund your retirement?
You need to have $32750 in 11 years. You can earn an annual interest rate of 6 percent for the first 3 years, 6.6 percent for the next 2 years, and 7.3 percent for the final 6 years. How much do you have to deposit today? Multiple Choice $12,869.31 $15,544.77 O $1725229 $15,855.54 $16.40209
MC algo 4-17 Calculating Present Values You want to have $86,000 in 18 years to help your child attend college. If you can earn an annual interest rate of 4.2 percent, how much will you have to deposit today? Multiple Choice $20,376.44 $41,009.03 $35,734.78 $39,356.08 $37,623.41
To fund your dream around-the-world vacation, you plan to save $2,575 per year for the next 13 years starting one year from now. If you can earn an interest rate of 5.41 perce how much will you have saved for your vacation? Multiple Choice Ο $46,818.51 Ο $45,204.08 Ο $44,395.65 Ο $44,782.92 Ο $41,972.78