D. $45,095.05
Future value = $31,000 × (1 + 0.055)7
Future value = $45,095.05
You are scheduled to receive $31,000 in two years. When you receive it, you will invest...
You are scheduled to receive $35,000 in two years. When you receive it, you will invest it for 9 more years at 7 percent per year. How much will you have in 11 years? a) $73,669.82 b) $61,128.77 c) $67, 563.38 d) $64, 346.07 e) $41,121,41
You are scheduled to receive $19,000 in two years. When you receive it, you will invest it for six more years at 9.5 percent per year. How much will you have in eight years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Amount You expect to receive $40,000 at graduation in two years. You plan on investing it at 9 percent until you have $175,000. How long will you wait from now? (Do...
Question 1 You are scheduled to receive $35.000 in two years. When you receive it, you will invest it for 10 more years at 8 percent per year. How much will you have in 12 years! 542,401.33 588.135.95 571.78436 575.56237 579340,49
You are scheduled to receive $16,500 in three years. When you receive it, you will invest it for nine more years at 9.5 percent per year. How much will you have in twelve years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Account value
You are scheduled to receive $21,500 in three years. When you receive it, you will invest it for seven more years at 9.50 percent per year. Required: How much will you have in ten years? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Amount
You are scheduled to receive 14000 dollars in 2 years. When you receive it, you will invest it for 8 more years at 9.5 percent per year. How much you will have in 10 years?
Problem 5-19 Calculating Future Values [LO1 You are scheduled to receive $18,000 in two years. When you receive it, you will invest it for eight more years at 9 percent per year How much will you have in ten years? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Amount
You are scheduled to receive $7 500 in two years. when you receive it, you wil imes, at 45 percent per yer How much-l your n est ent be o n en yeaa pone $10113.33 $10665.75 $910 24 O $1.61707 O $1.428.09
Question 1 (14 marks) (a) Eric is scheduled to receive $8000 in two years. When he receives it, he will invest it for five years at 6 percent per year. How much will he have in seven years? (3 marks) (b) Suppose you are going to receive $12,000 per year for five years. The appropriate annual interest rate is 8 percent. What is the present value of the payments if they are in the form of an ordinary annuity? Will...
MC Qu. 6-A3 You are scheduled to receive annual payments of... You are scheduled to receive annual payments of $11,300 for each of the next 21 years. Your discount rate is 10 percent. What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year? 38:14 Multiple Choice O $10.238 o . $9.773 0 $12.430 < Prev 17 of 17 !! Next Type here to...