How much is a $10,000 investment in stock worth after 20 years if its value increases...
Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated interest rate after the stated amount of time. HINT (See Quick Examples 1 and 2.] 7.5% per year, compounded daily (assume 365 days/year), after 12 years FV = $ Need Help? Read It Watch It Talk to a Tutor . +-/1 points WaneFM7 2.2.012. Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after...
needing help day if the 7 years after depositing 100 20 How much would be in your wavings pays 5 percent interest per year? A) 5735.00 B) SI35.00 C) 140.71 D) 5814.20 2) A deposit or 5500 earns the following interest rates 5 percent in the first year Opercent in the second year, and percent in the third year. What would be the third year future Value A) 5527.14 B) 5595.00 C) S1595.00 D) 5601.02 20 What is the present...
If someone promises to give you $10,000 in exactly two years, how much is this worth to you today if the going interest rate is 5%?
How much will $20,000 invested today at 3 percent interest be worth in 5 years if it is compounded annually? How much will it be worth in 5 years if compounded monthly? Value Today- Rate- Number of years- Months per year- Compounding periods- Rate per quarter- Annual FV- Monthly FV-
Problem 1 Part A: What is the future worth an investment, before taxes, if $10,000 is placed in a savings account for 10 years, earning a nominal interest rate of 6%year compounded monthly? Part B: How many years will be required for the original principle amount to double in value? For Part B, assume biannual interest compounding is applied with the same nominal interest rate of 6%/year. Part C: What is the shortest time in years to double the original...
7. You expect to be able to save $10,000 per year for the next 20 years for retirement. Assuming you will earn 8%, how much will you have in 20 years? 8. You have $15,000. Assuming you earn 6%, how long will it take for your money to double? 9. You invest $7,000, and after 8 years it grows to $12,000. What interest rate did your investment grow?
A 20-year municipal bond with a face value of $10,000 was issued 5 years ago. Its coupon interest rate is 10%, payable quarterly. The current nominal interest rate is 10%. What will the bond sell for today? $10,120 $10,316 $9,955 $10,000
answer the problem solving under investment management? Problem 9 Find the future value of a 4-year annuity due of $400 at 6%. The answer is: Problem 10 Calculate simple interest and compound interest assuming that principal amount is. 10,000; interest rate is 9% for three years. What is the amount different between compound and simple interest? The answer is: Problem 11 You are scheduled to receive 13,000 in two years. When you receive it, you will invest it for six...
An investment offers $10,000 at the end of each year for ten years. a. If you can earn 10 percent annually, what is this investment worth today? b. If you do not spend the annual payment but invest it at 10 percent, how much will you have after the ten years have lapsed?
Consider an investment where $49,000 is invested for 15 years at 8% compounded continuously. How much will this investment be worth after 15 years? (Round your answer to the nearest cent.) What is the total amount earned in compound interest? (Round your answer to the nearest cent.)