How much do you have to invest now if you want to have $1500 after 5 years? You can invest at 4 3/8 % compounded quarterly.
How much do you have to invest now if you want to have $1500 after 5...
If you want to have $6,271 at the end of 19 years, how much must you invest now, if the interest rate is 13.9% per year, compounded quarterly?
please help to do 6 8 9 thank u soooo much 6. If you invest $4700 into an account that pays 4.3% interest rate compounded continuously, find (a) the future value after 9 years, (b) the effective rate, and (c) the time to reach $10,000. Round all values to the nearest hundredth. 7. June made an initial deposit of $ 2100 in an account for her son. Assuming an interest rate of 2% compounded quarterly, how much will the account...
How much money must you invest now at 4.3% interest compounded continuously in order to have $10,000 at the end of 4 years? You must invest $ (Round to the nearest cent as needed.)
You want to have $10 million dollars when you retire in 45 years. How much do you have to invest each month if you can earn 13% annual return (compounded monthly) on your investment?
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,...
How much should you invest each month in order to have $300,000 if your rate of return is 7% compounded monthly and you want to achieve your goal in 40 years? $ How much interest will you earn? $ How much should you invest each month in order to have $300,000 if you want to achieve your goal in 20 years? $ If you deposit the amount you need to achieve your goal in 20 years, how much will your...
You want to have $9,000 saved up for a new car in 4 years. How much should you deposit each quarter into an account paying 8% compounded quarterly?
5. You have two opportunities to invest $5,000 for 10 years. The first provides a yield of 8% annually, compounded quarterly. The second provides a yield of 8.5% annually, compounded annually. Which of these investments provides the highest returns? By how much? 6. Which would you prefer -- $10,000 now, $20,000 10 years from now, or $30,000 20 years from now, assuming a. a 6% annual interest rate? b. an 8% annual interest rate? c. a 10% annual interest rate?...
1. How much would you need to deposit in an account now in order to have $5000 in the account in 15 years? Assume the account earns 5% interest compounded monthly. 2. You currently have $7,700 (Present Value) in an account that has an interest rate of 3% per year compounded quarterly (4 times per year). You want to withdraw all your money when it reaches $18,480 (Future Value). In how many years will you be able to withdraw all...
You want to have $11,000 saved ten years from now. How much less do you have to deposit today to reach this goal if you can earn 7% rather than 6% on your savings?