Question
1. You would like to have $35,755 in 18 years. If the rate is 9.81%, how much do you have to invest each month? 2.
1. You would like to have $35,755 in 18 years. If the rate is 9.81%, how much do you have to invest each month? 2. A preferred stock will pay a dividend of $2 per quarter. If the annual return is 6.56%, what is the stock worth today? 3. You will invest $200 per year. If the rate is 7.27%, how much will you have in 7 years? 4. An investment will give you monthly payments of $486 for 5 years. If your required return is 11.16%, what is it worth today? 5. You will invest $169 per month. If the rate is 9.53%, how much will you have in 10 years? 6. You would like to have $39,998 in 8 years.. If the rate is 9.74%, how much do you have to invest each year? 7. An investment that will give you monthly payments for 14 years costs $51,671. If your required return is 10.49%, what is the monthly payment? 8. A preferred stock will pay a dividend of $3 per year. If the annual return is 7.99%, what is the stock worth today? 9. You bought a car and will pay back $282 per month for 48 months. If the rate is 3.08%, how much did you borrow? 10. You bought a car and borrowed $22,482 for 48 months. If the rate is 3.61%, what is your monthly payment?
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