Question
1. If you save 10,000 at the end of every year for 8 years at 8% interest - how much will you have at the
2. If you start with 10,000 and save 3,000 every year for 10 years at 7.5% interest - how much will you have at the end of that period?
3. You deposit 8,000 and receive 8% annual interest (compounded semi annually) for 5 years. What is the total at the end of that period?
4. How much do you need to save annually at 7% to get to 200,000 after 20 years?
5. What is the required interest rate if you save 3,000 annually for 15 years to get to 150,000?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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