Please tell me how to do the question 1 and 2, please give me the correct answer, thank you so much.
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Please tell me how to do the question 1 and 2, please give me
the correct...
Question 15 O Mark this question Suppose an account pays 6% interest that is compounded annually....
Question 15 O Mark this question Suppose an account pays 6% interest that is compounded annually. At the beginning of each year, $2,000 is deposited into the account (starting with $2,000 for the first year) What is the value of the account after the tenth deposit if no withdrawals or additional deposits are made? 0 $21,200.00 O $26,361.59 O $23,581.70 O $35,816.95 Suppose $15,000 is deposited into an account paying 6.5% interest, which is compounded annually. How much money is...
Please show work and explain 18) Exactly 5years ago, Carlos deposited $75 l into a savings...
Please show work and explain
18) Exactly 5years ago, Carlos deposited $75 l into a savings account that has earned 1% annual interest, compounded quarterly. There have been no other deposits and no withdrawals. What is the account balance today?
c.)“Give me $10,000 today and I'll return $16,000 to you in five years," offers your investment...
c.)“Give me $10,000 today and I'll return $16,000 to you in five years," offers your investment broker. To the nearest tenth of a percent, what annual interest rate is being offered? d.)How much money would you have to put away at the end of each year to have $1,600,000 when you retire 26 years from now if you can earn 4% on your money? e.)How much can be accumulated if $2,375 is deposited at the end of each month for...
Please tell me how to do this problem and give me the correct answer. Thanks Karine...
Please tell me how to do this problem and give me the correct
answer.
Thanks
Karine needs to borrow money to become a software engineer. Suppose that compensation of software engineers is expected to decres.Assming nothing else changes, this means that if Karine borrows now, her cost of borrowing money is expected to ▼ due to the following factor: Decreasing benefits of becoming a software engineer. A greater risk associated with the career as a software engineer. Rising compensation of...
Please tell me how to do this problem and give me the correct answer. Thanks Financial...
Please tell me how to do this problem and give me the correct
answer.
Thanks
Financial instruments are assets that have a monetary value or record a monetary transaction. To coordinate the exchange of capital between borrowers and lenders, financial instruments trade in the financial markets. These financial instruments can be categorized on the basis of their issuers, maturity, risk, and other factors Identify the financial instruments based on the following descriptions Description Issued by nonfederal government entities, these financial...
please give me the right answers With a present value of $140,000, what is the size...
please give me the right answers
With a present value of $140,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money is worth 6.7%, compounded quarterly? (Round your answer to the nearest cont.) $ Need Help? With Talk to Tutor Find the present value of an annuity due that pays $2000 at the beginning of gach quarter for the next 6 years. Assume that money...
I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE. Question 5 0.4 pts You have $792,065 in a...
I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE.
Question 5 0.4 pts You have $792,065 in a retirement account that pays a nominal annual interest rate of 9%, compounded quarterly. If you plan to take a quarterly distribution for the next 12 years, how much could you withdraw each quarter? Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas ("") or a decimal point (":"). Question 6 0.5 pts Kreskin deposits $6,011...
1. Suppose that an account earns 4.8% interest per annum. How much would need to be...
1. Suppose that an account earns 4.8% interest per annum. How much would need to be deposited now in order to have $10000 in 5 years if there interest is compounded (a) Monthly; (b) Continuously? Give answers to the nearest dollar. 2. If an investment of $20000 is made in an account returning 3.2% then how long will it take for the account to have $24000 if (a) Interest is compounded quarterly? (four times a year) (b) Interest is compounded...
please help me solve this problem with excel formulas please and thank you!! A financial planning...
please help me solve this problem with excel formulas please and
thank you!!
A financial planning service offers a unique program for parents to save for a child's college education. Starting on the child's 12th birthday, annual deposits are made. The first deposit is $5,000 and the required deposit increases by $1000 each year, until the child's 18th birthday, when the final deposit is made. Beginning on the child's 19th birthday, four annual withdrawals of $10,000 can be made. Assuming...
If you deposit $10,000 today in an account that earns 14.5% compounded...
If you deposit $10,000 today in an account that earns 14.5% compounded annually, how much will the account be worth in 45 years? You have the opportunity to purchase an investment that will pay $1,625,000 at the end of 40 years. If your required rate of return on this investment is 13.2%, what is the maximum amount you should be willing to pay for it? Your grandparents deposited a $10,000 birthday check for you when you were...
Question 15 O Mark this question Suppose an account pays 6% interest that is compounded annually. At the beginning of each year, $2,000 is deposited into the account (starting with $2,000 for the first year) What is the value of the account after the tenth deposit if no withdrawals or additional deposits are made? 0 $21,200.00 O $26,361.59 O $23,581.70 O $35,816.95 Suppose $15,000 is deposited into an account paying 6.5% interest, which is compounded annually. How much money is...
Please show work and explain
18) Exactly 5years ago, Carlos deposited $75 l into a savings account that has earned 1% annual interest, compounded quarterly. There have been no other deposits and no withdrawals. What is the account balance today?
Please tell me how to do this problem and give me the correct
answer.
Thanks
Karine needs to borrow money to become a software engineer. Suppose that compensation of software engineers is expected to decres.Assming nothing else changes, this means that if Karine borrows now, her cost of borrowing money is expected to ▼ due to the following factor: Decreasing benefits of becoming a software engineer. A greater risk associated with the career as a software engineer. Rising compensation of...
Please tell me how to do this problem and give me the correct
answer.
Thanks
Financial instruments are assets that have a monetary value or record a monetary transaction. To coordinate the exchange of capital between borrowers and lenders, financial instruments trade in the financial markets. These financial instruments can be categorized on the basis of their issuers, maturity, risk, and other factors Identify the financial instruments based on the following descriptions Description Issued by nonfederal government entities, these financial...
please give me the right answers
With a present value of $140,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money is worth 6.7%, compounded quarterly? (Round your answer to the nearest cont.) $ Need Help? With Talk to Tutor Find the present value of an annuity due that pays $2000 at the beginning of gach quarter for the next 6 years. Assume that money...
I NEED ABSOLUTELY CORRECT ANSWERS FOR THESE.
Question 5 0.4 pts You have $792,065 in a retirement account that pays a nominal annual interest rate of 9%, compounded quarterly. If you plan to take a quarterly distribution for the next 12 years, how much could you withdraw each quarter? Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign ("$"), any commas ("") or a decimal point (":"). Question 6 0.5 pts Kreskin deposits $6,011...
1. Suppose that an account earns 4.8% interest per annum. How much would need to be deposited now in order to have $10000 in 5 years if there interest is compounded (a) Monthly; (b) Continuously? Give answers to the nearest dollar. 2. If an investment of $20000 is made in an account returning 3.2% then how long will it take for the account to have $24000 if (a) Interest is compounded quarterly? (four times a year) (b) Interest is compounded...
please help me solve this problem with excel formulas please and
thank you!!
A financial planning service offers a unique program for parents to save for a child's college education. Starting on the child's 12th birthday, annual deposits are made. The first deposit is $5,000 and the required deposit increases by $1000 each year, until the child's 18th birthday, when the final deposit is made. Beginning on the child's 19th birthday, four annual withdrawals of $10,000 can be made. Assuming...
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