Assume the nominal rate of return is 8.59% and the real rate is 2.08%. Find the inflation rate of return using the exact formula.
Answer format: Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))
Suppose you deposit $1,609.00 into and account 6.00 years from today into an account that earns 9.00%. How much will the account be worth 18.00 years from today?
Answer format: Currency: Round to: 2 decimal places.
Suppose you need to have $51,543.00 in an account 20.00 years from today and that the account pays 10.00%. How much do you have to deposit into the account 5.00 years from today?
Answer format: Currency: Round to: 2 decimal places.
Could really use the help! Please show all steps (not excel) for better understanding :) Thank You.
Assume the nominal rate of return is 8.59% and the real rate is 2.08%. Find the...
Suppose you deposit $1,379.00 into and account 5.00 years from today into an account that earns 14.00%. How much will the account be worth 18.00 years from today? Answer Format: Currency: Round to: 2 decimal places.
Derek will deposit $3,048.00 per year for 10.00 years into an account that earns 13.00%. Assuming the first deposit is made 6.00 years from today, how much will be in the account 38.00 years from today? #1 Submit Answer format: Currency: Round to: 2 decimal places.
Chrome File Edit View History Bookmarks People Tab Window Help 99% [ Tue 12:08:23 PM Q E ... #1+2 (p. 93) x CSePub - Electronic Publishing x + E → C csepub.com/exercise/users/problem sets/30687 ☆ Paused O #2 Suppose you need to have $59,386.00 in an account 24.00 years from today and that the account pays 14.00%. How much do you have to deposit into the account 14.00 years from today? unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency:...
What is the value today of a money machine that will pay $1,598.00 per year for 22.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 12.00%. Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted #2 What is the value today of a money machine that will pay $2,393.00 every six months for 18.00 years? Assume the first payment is made six months from today and the interest rate is...
Suppose you deposit $1,058.00 into an account 5.00 years from today that earns 11.00%. It will be worth $1,853.00 years from today. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Number: Round to: 2 decimal places. Assume the real rate of interest is 4.00% and the inflation rate is 6.00%. What is the value today of receiving 10,012.00 in 13.00 years? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places.
Assume the nominal rate of return is 8.63% and the real rate is 4.68%. Find the inflation rate of return using the exact formula. Answer Format: Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))
Suppose you need to have $52,557.00 in an account 19.00 years from today and that the account pays 8.00%. How much do you have to deposit into the account 6.00 years from today? Answer Format: Currency: Round to: 2 decimal places.
Derek wants to withdraw $12,560.00 from his account 5.00 years from today and $12,875.00 from his account 15.00 years from today. He currently has $2,845.00 in the account. How much must he deposit each year for the next 15.0 years? Assume a 5.02% interest rate. His account must equal zero by year 15.0 but may be negative prior to that. Submit Answer format: Currency: Round to: 2 decimal places. Derek currently has $14,502.00 in an account that pays 5.00%. He...
Derek will deposit $2,185.00 per year for 14.00 years into an account that earns 8.00%. Assuming the first deposit is made 6.00 years from today, how much will be in the account 32.00 years from today? Derek will deposit $5,800.00 per year for 27.00 years into an account that earns 16.00%, The first deposit is made next year. How much will be in the account 37.00 years from today? Derek will deposit $1,404.00 per year for 16.00 years into an...
Can you please show the work for this step by step? I would greatly appreciate it I keep getting off by a few numbers. Thank you! Derek will deposit $2,091.00 per year into an account starting today and ending in year 13.00. The account that earns 9.00%. How much will be in the account 13.0 years from today? unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places.