Question
1. You invest $100,000 at 10% for 1 years. How much will you have? and how much interest will you earn? 2. You want $300,000
1. You invest $100,000 at 10% for 1 years. How much will you have? and how much interest will you earn? 2. You want $300,000 in 10 years. If you can earn 10%, how much do you have to invest (one amount) today? and how much interest will you earn? 3. You want to invest a part of your $200,000 inheritage. You want to receive $10,000 a year each year for 20 years. How much do you have to invest now if you can negotiate a 6% return on your investment? 4. You want to invest a part of your $200,000 inheritage --$150,000. How much will you receive each year, for 20 years if you negotiate a 6% return on your investment?? How much of this is interest?
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