Question
In: Finance
If you invest $4,000 today, how much will you have in 5 years at 6% (compounded...
If
you invest $4,000 today, how much will you have in 5 years at 6%
(compounded semiannually)?
Solutions
jeff jeffy answered 1 year agoRelated Solutions
How much would you have to invest today to receive: a. $100,000 in 6 years at...
How
much would you have to invest today to receive:
a. $100,000 in 6 years at 12 percent?
b.$100,000 in 15 years at 12 percent?
c.$10,000 at the end of each year for 25 years at 12
percent
d.$75,000 at the end of each year for 25 years at 12
percent?
How much will you have at the end of 21 years if you invest $230 today...
How much will you have at the end of 21 years if you invest $230
today at 13% annually compounded ?
2650.31
3384.18
2994.85
3526.56
You invest $x today at 8% APR compounded annually for 5 years (you invest only once)....
You invest $x today at 8% APR compounded annually for 5 years
(you invest only once). Your friend also invests some amount at the
same time at 8% APR compounded annually for 5 years. However, she
invests an additional amount equal to the accumulated interest at
the end of each year. You both end up having the same amount at the
end of 5 years. In order to achieve this, your initial investment
must have been t times as much...
You invest $x today at 8% APR compounded annually for 5 years (you invest only once)....
You invest $x today at 8% APR compounded annually for 5 years
(you invest only once). Your friend also invests some amount at the
same time at 8% APR compounded annually for 5 years. However, she
invests an additional amount equal to the accumulated interest at
the end of each year. You both end up having the same amount at the
end of 5 years. In order to achieve this, your initial investment
must have been t times as much...
If you invest $1,632 today and in years 1, 2 and 3 in an account that earns 4.28% APR (compounded annually), how much will you have in the account in 17 years?
If you invest $1,632 today and in years 1, 2 and 3 in an account that earns 4.28% APR (compounded annually), how much will you have in the account in 17 years?
You have $5,100 to invest today at 11% interest compounded annually. Find how much you will have accumulated in the account at the end of:
FIN101
You have $5,100 to invest today at 11% interest compounded annually. Find how much you will have accumulated in the account at the end of: (0.5 Marks each)
(1) 4 years,
(2) 8 years, and
(3) 12 years.
Using the values below, answer the questions that follow:
Amount of annuity
Interest rate
Deposit period (years)
$500
9%
10
Calculate the future value of the annuity, assuming that it is
An ordinary annuity. (0.5 marks)
An annuity due....
You have $5,100 to invest today at 11% interest compounded annually. Find how much you will have accumulated in the account at the end of
FIN101
You have $5,100 to invest today at 11% interest compounded annually. Find how much you will have accumulated in the account at the end of: (0.5 Marks each)
(1) 4 years,
(2) 8 years, and
(3) 12 years.
Using the values below, answer the questions that follow:
Amount of annuity
Interest rate
Deposit period (years)
$500
9%
10
Calculate the future value of the annuity, assuming that it is
An ordinary annuity. (0.5 marks)
An annuity due....
If you invest $1,000 today into a deposit account earning 5.75% interest compounded monthly, how much...
If you invest $1,000 today into a deposit account earning 5.75%
interest compounded monthly, how much would your investment be
worth in 10 years?
If you invest $5,000 today into a deposit account earning 6.25% interest compounded monthly, how much...
If you invest $5,000 today into a deposit account earning 6.25%
interest compounded monthly, how much would your investment be
worth in 5 years?
If you invest $2,000 with a 4% interest rate compounded annually, how much will you have...
If you invest $2,000 with a 4% interest rate compounded
annually, how much will you have in ten years?
2-If you are going to receive $2,000 in six years from now, how
much is that worth today, assuming 5% annual simple interest?
Which of the following options will generate the highest
interest over the term, assuming the same $100 principal?
Review Later
5% simple interest rate for 3 years
5% quarterly compounding for 3 years
5% monthly compounding for 2...
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