Amount invested today | 11480 | |||
Period in years | 7 | |||
Period in Quarters | 28 | |||
Annual rate of interest | 4% | |||
Quarterly rate of interest | 1% | |||
FVF at 15 for 28 periiods | 1.321291 | |||
Total amount in Account at the end of 7yrs | 15168.42 | |||
Dashboard Logout Help i Support CSePub Home Book Store Instructors Independent Authors About A young graduate...
Dashboard Logout Heip/Support CSePub Home Book Store Instructors Independent Authors About An engaged couple agrees to get married once their savings equal $59,750.00. They have $28,800.00 at the moment and will invest the money in an account that earns 7.00% per year. How many years will the engagement last? Answer Format: Number: Round to: 2 decimal places. Enter Answer Here. Submit Answer Prey Problemt All Problems Next Problem Contact Us Privacy Policy Terms Copyright 2019 Conley Sanith Publishing All Right...
CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay end of each month. She will also get a "signing bonus at the beginning of the internship for $400.00. If the student can invest this money in an accourt tat pays 8 40% APR wit, monthly compounding what she value ofher account at the end ofher internstig? her $2,342.00 at the...
CSePub Home Book Store Instructors Independent Authors A You have decided to save money for your son's college tuition. You will put away $1,148.00 every six months for the ned 14.00 years. If the account will pay 600% AR with semi-annual compounding, what is the future value of this investment? (treat as regular annuity) Answer Format: Currency: Round to: 2 decimal places Enter Answer Here Submit Answer +Prev Problem t All Problems Next Problem Copyright 2019 Conley Smith Publishing All...
4 Dashboard Logout Heip I Suppos CSePub Home Book StoreInstructors Independent Authors About You are considering two home security companies for your new house. The first company offers free installation and equipment, but woll charge you $456.00 per year for the ned tive years. The second company charges $776.00 for installation, but will charge you $227.00 per year for the next five years Assume that payments are atthe END ofthe year. Your personal interest rate is S 00% What is...
CSePub Home Book Store Instructors Independent Authors Abo You have saved $23,695.00 for a three-year vacation to Germany. You will monthly compounding while you live in Munich. You will make your withdrawals at the beginning of the month keep your money invested in an account paying 804% APR with What is the balance on the account after the first month? (This is the balance prior to the withdrawal for the second month) Answer Format: Currency: Round to: 2 decimal places....
CSePub Home Book Store Instructors Independent Authors Aba ou are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you $444.00 per year for the next five years. The second company charges $756,00 for installation, but will charge you $224.00 per year for the ned five years Assume that payments are atthe END ofthe year. Your personal interest rate is 5.00%. What is the PV of the paid installation?...
CSePub Home Book Store Instructors Independent Authors About A jet -setting lawyer plans on living large on the French Rivera in retirement The lawyer anticipates living for 22.00 more years after reirement and will need $297,000.00 per year to support her life in the South of France. While retired, she will keep her money in a tax-free account that pays 200% per year How much money wil the lawyer need when she retires? (assume begreng ofthe year withdrawals) Answer Format:...
CSePub Home Book Store Instructors Independent Authors About A very careful new father wants to set money aside for his batby daughter's wedding. If the wedding will take place in 21.00 years, he expects the wedding will cost $104,100.00. If the father can eam 11.00% APR with quarterly compounding on his investments, how much does he need to invest today to reach his goal? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer -Prev Problem t...
CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for your new house. The first company offers free instalilation and equipment, but will charge you $415,00 per year for the next tive years. The second company charges 5760.00 for installation, but will charge you $217.00 per year for the nexd five years. Assume that payments are at the END ofthe year. Your personal interest rate is 60% What is the PV of the free...
CSePub Home Book Store Instructors Independent Authors About An estor can purchase a sm al business today for S 09 000 The investr plans holing the business three years, and wats a180 % annual return on his investment He feels he can sel the business for $381,800 00 in three years In addition, he also believes he can create an annual cash flow of $39,300 00 over the nexd three years from operating the business What is the value today...