5-5: Finding the Number of Years, N
Time to reach a financial goal
You have $9,917.14 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $250,000. You expect to earn 14% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.
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TIME TO REACH A FINANCIAL GOAL You have $25,781.18 in a brokerage account, and you plan...
TIME TO REACH A FINANCIAL GOAL You have $25,781.18 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $240,000. You expect to earn 13% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations. years
You have $57,806.75 in a brokerage account, and you plan to deposit an additional $5,000 at...
You have $57,806.75 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $280,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.
Time to reach a financial goal You have $44,976.27 in a brokerage account, and you plan...
Time to reach a financial goal You have $44,976.27 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $220,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.
In this question, you have $27,609.98 in a brokerage account, and you plan to deposit an...
In this question, you have $27,609.98 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $280,000. You expect to earn 14% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.
You have $5,547.44 in a brokerage account, and you plan to deposit an additional $6,000 at...
You have $5,547.44 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $240,000. You expect to earn 13% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations
You have $49,279.24 in a brokerage account, and you plan to deposit an additional $3,000 at...
You have $49,279.24 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $270,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number.
You have $9,423.69 in a brokerage account, and you plan to deposit an additional $6,000 at...
You have $9,423.69 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $230,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number.
You have $32,391.19 in a brokerage account, and you plan to deposit an additional $4,000 at...
You have $32,391.19 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $260,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number.
ou have $45,009.72 in a brokerage account, and you plan to deposit an additional $7,500 at...
ou have $45,009.72 in a brokerage account, and you plan to deposit an additional $7,500 at the end of every future year until your account totals $200,000. You expect to earn 9.4% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places.
PLEASE ANSWER THIS TWO QUESTION THANK YOU Your parents will retire in 27 years. They currently...
PLEASE ANSWER THIS TWO QUESTION THANK
YOU
Your parents will retire in 27 years. They currently have $380,000 saved, and they think they will need $2,350,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places. You have $36,948.61 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $280,000....
TIME TO REACH A FINANCIAL GOAL You have $25,781.18 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $240,000. You expect to earn 13% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations. years
PLEASE ANSWER THIS TWO QUESTION THANK
YOU
Your parents will retire in 27 years. They currently have $380,000 saved, and they think they will need $2,350,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places. You have $36,948.61 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $280,000....
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