How much would you have to invest today at 7% compounded annually to have $65,000 available for the purchase of a car five years from now?
How much would you have to invest today at 7% compounded annually to have $65,000 available...
1] Assume you have $2,500 to invest today at 5% interest compounded annually Determine how much you will have accumulated in the account at the end of: a) 5 years b) 10 years 2] Assume instead an annuity of $2,500 (which means you will invest $2,500 per year) which will also be compounded at 5% interest annually. Determine how much you will have accumulated in the account at the end of (future value): (Note this problem is for an annuity...
You have $5800 to invest today at 11% interest compounded annually. a. Find how much you will have accumulated in the account at the end of (1) 6 years, (2) 12 years, and (3) 18 years. b. Use your findings in part a to calculate the amount of interest earned in (1) the first 6 years (years 1 to 6), (2) the second 6 years (years 7 to 12), and (3) the third 6 years (years 13 to 18). c....
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?
Five years from today, you plan to invest $5,050 for 7 additional years at 7.9 percent compounded annually. How much will you have in your account 12 years from today?
4 Question6 LO1 How much would you have to invest in years 1 and 2 in order to have $5,000 in 4 years if your account earns 2% compounded annually? O $2.379.13 O $2,33248 o $2,450.50 O $2.426.71 Question 7 4 pts LO1 How much would y 5.00% APR, ou have to invest today in an account that pays compounded monthly, to have $3,000 in 4 months?
How much would you have to invest today in an account that pays 5.00% APR, compounded monthly, to have $3,000 in 4 months? $2,893 $2,921 $2,951 O $2,980
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?
You invest $1000 in an account that pays a rate of 5%, compounded semi-annually. How much would you have after 2 years if you leave the funds on deposit? You should provide all the calculation process and formulas.
Assume you have $3,509 to invest today in an account paying 9% compounded annually. How many years will it take before you have $12,117 in your account? Enter your answer as: 12 Round your answer. Do not use a decimal point or any units.
How much would you have to invest today in the bank at an interest rate of 10% to have an annuity of $5600 per year for 7 years, with nothing left in the bank at the end of the 7 years?