How much money do you need to invest now, to have $50,000 in 10 years? Assume an...

How much money do you need to invest now, to have $50,000 in 10 years? Assume an APR of 4.5%.

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jeff jeffy answered 3 months ago

You have extra $5,000 to invest. You do not need the money now but will need...

You have extra $5,000 to invest. You do not need the money now but will need it after 3 years, so you plan to cash your investment at the end of 3 year. Usually your investments earn 7% annual interest compounded annually and you’d like to consider it as your minimum acceptable rate of return. You are considering several investment opportunities: Option 1. Depositing your money on the high interest savings account that earns 0.58% interest each month. Option 2....

How much do you need to invest today in order to have enough money for your child’s college?

Congratulations, you’ve just become a parent! You want to make sure your new baby has the best education possible so you plan to make an investment today to pay for college. Your new baby is amazing, but is no Doogie Howser, so you will be paying for your child’s college in 18 years from now. You expect that college will cost $100,000 at that time. In the meantime, your financial adviser tells you that you can earn 7% on your...

How much money will you have in 35 years if you invest $800 at the beginning...

How much money will you have in 35 years if you invest $800 at the beginning of each month at 8.2 percent interest rate being compounded semi-annually?

Assuming you have $28,100 to invest, how much (in $) do you need to invest in the market fund?

You want to create a portfolio with a beta of 1.5. You want to accomplish this goal by investing in a mutual fund that follows the market and in a stock with a beta of 3.0. Assuming you have $28,100 to invest, how much (in $) do you need to invest in the market fund?

How much must you invest now to have 350,000 in 15 years if the interest rate...

How much must you invest now to have 350,000 in 15 years if the interest rate is 10% and compounds continuously? $65,457.33 $66,666.67 $63,848.93 $56,666.67 None of these

If the time value of the money is .10 how much do you have to save...

If the time value of the money is .10 how much do you have to save per year for 20 years to have $50,000 per year for perpetuity? Assume that the first deposit is immediate and that the first payment will be at the beginning of the 21st year. Suppose that you decide to hold the bonds in the previous question for a year, and then sell them. The next year, the interest rate on comparable bonds increases to 9.5%....

2. You need to have $150,000 for your children’s tuition. How much money do you need...

2. You need to have $150,000 for your children’s tuition. How much money do you need to set aside each month for this amount to be available in 15 years? a. If you were to invest the money in a savings account at 3% interest? b. If you were to invest the money in a bond fund at 6% interest? c. If you were to invest the money in an equity fund at 10% interest? d. What type of a...

You have $17176 and decide to invest at 3.1% APR compounded monthly. How much money do...

You have $17176 and decide to invest at 3.1% APR compounded monthly. How much money do you have after 9 years?

Assume you have a student loan that you will pay off in 10 years. How much...

Assume you have a student loan that you will pay off in 10 years. How much will you save in interest if you refinance at the new rate? Use the accompanying table of monthly payments on a $1,000 loan. Amount of Loan Original Rate New Rate $19,000 10% 8% The total savings in interest will be?

How much do you have to deposit today so that beginning 11 years from now you...

How much do you have to deposit today so that beginning 11 years from now you can withdraw $12,000 a year for the next 8 years (periods 11 through 18) plus an additional amount of $24,000 in the last year (period 18)? Assume an interest rate of 11 percent.

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