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1 ) Number of Periods for an Annuity You have $ 3 8 , 7 7 5 . 5 5 in a brokerage account, and
Number of Periods for an Annuity
You have $ in a brokerage account, and you plan to deposit an additional $ at the end of every future year until your account totals $ You expect to earn annually on the account. How many years will it take to reach your goal? Do not round intermediate calculations. Round your answer to the nearest whole number.
years
Present and Future Value of an Uneven Cash Flow Stream
An investment will pay $ at the end of each of the next years, $ at the end of Year $ at the end of Year and $ at the end of Year If other investments of equal risk earn annually, what is this investment's present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent.
Present value: $
Future value: $
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