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1 . You invested RM 1 3 , 0 0 0 to save for future business ventures, by placing it into an account that pays
You invested RM to save for future business ventures, by placing it into an account that pays pa for the next years. You invested RM to save for future business ventures, by placing it into an account that pays pa and the account pays an interest on monthly basis for the next years. You wished to accumulate RM in years. The fund is placed into an account with return of pa How much that you need to start saving today? You wished to accumulate RM in years. You parents gave you RM and you are placing it into an account that pays semiannual rate. How much is the annual rate of return should you placed you fund into? You wished to accumulate RM in years. You parents gave you RM An an interest of quarterly, how long does it takes for the fund to be accumulated? years At what rate must RM be compounded annually for it to grow to RM in years? A friend plans to buy a bigscreen TVentertainment system and can afford to set aside RM toward the purchase today. If your friend can earn compounded yearly, how much can your friend spend in four years on the purchase? You just purchased a parcel of land for RM If you expect a annual rate of return on your investment, how much will you sell the land for in years? If you put RM in a savings account that yields an rate of interest compounded daily, what will the investment be worth at the end of years? Dawn Swift discovered that years ago, the average tuition for one year at an Ivy League school was RM Today, the average cost is RM What is the growth rate in tuition cost over this year period? Your bank has agreed to loan you RM if you agree to pay a lump sum of RM in five years. What annual rate of interest will you be paying? Three years from now, Barbara Waters will purchase a laptop computer that will cost RM Assume that Barbara can earn compounded monthly on her money. How much should she set aside today for the purchase? Stephen's grandmother deposited RM in an investment account for him when he was born, years ago. The account is now worth RM What was the average rate of return on the account? The present value of a future sum of money increases as the number of years before the payment is received increases. True False Assuming equal annual rates, the more frequent the compounding periods in a year, the higher the future value. True False
You invested RM to save for future business ventures, by placing it into an account that pays pa for the next years.
You invested RM to save for future business ventures, by placing it into an account that pays pa and the account pays an interest on monthly basis for the next years.
You wished to accumulate RM in years. The fund is placed into an account with return of pa How much that you need to start saving today?
You wished to accumulate RM in years. You parents gave you RM and you are placing it into an account that pays semiannual rate. How much is the annual rate of return should you placed you fund into?
You wished to accumulate RM in years. You parents gave you RM An an interest of quarterly, how long does it takes for the fund to be accumulated?
years
At what rate must RM be compounded annually for it to grow to RM in years?
A friend plans to buy a bigscreen TVentertainment system and can afford to set aside RM toward the purchase today. If your friend can earn compounded yearly, how much can your friend spend in four years on the purchase?
You just purchased a parcel of land for RM If you expect a annual rate of return on your investment, how much will you sell the land for in years?
If you put RM in a savings account that yields an rate of interest compounded daily, what will the investment be worth at the end of years?
Dawn Swift discovered that years ago, the average tuition for one year at an Ivy League school was RM Today, the average cost is RM What is the growth rate in tuition cost over this year period?
Your bank has agreed to loan you RM if you agree to pay a lump sum of RM in five years. What annual rate of interest will you be paying?
Three years from now, Barbara Waters will purchase a laptop computer that will cost RM Assume that Barbara can earn compounded monthly on her money. How much should she set aside today for the purchase?
Stephen's grandmother deposited RM in an investment account for him when he was born, years ago. The account is now worth RM What was the average rate of return on the account?
The present value of a future sum of money increases as the number of years before the payment is received increases.
True
False
Assuming equal annual rates, the more frequent the compounding periods in a year, the higher the future value.
True
False
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