$2$ Let's say Lisa opens up an account with Fidelity Investments in a bond mutual fund. The fund is attractive to her because it guarantees $8\%$ return for the life of the account. Lisa plans to deposit $$5,000$ dollars a year, beginning one year from today for the next twenty five years. What will be the balance in her account when she goes to withdraw in twenty five years.

A:

Interest Factor

$2$ Let's say Lisa opens up an account with Fidelity Investments in a bond mutual fund. The fund is attractive to her because it guarantees $8\mathrm{.}65\%$ return for the life of the account. Lisa plans to deposit $$5,000$ dollars a year, beginning one year from today for the next twenty five years. What will be the balance in her account when she goes to withdraw in twienty five years.

A:

$3$ Let'o say I akuya deposits $$25,000$ dollars in a CD $($Certificate of Deposit$)$ at Star Bank. The bank is offering to pay $5\mathrm{.}27\%$ interest for $5$ years. What will be the balance in Takuya's account five years from today.

A: Interest Factor

$4$ Let's say Takuya deposits $$25,000$ dollars in a CD $($Certificate of Deposit$)$ at Star Bank. The bank is offering to pay $5\mathrm{.}27\%$ interest for $5$ years. What will be the balance in Takuya's account five years from today. $($NOTE; compounded semi$-$annually$)$ A: Interest Factor

$5$ What would $$1,000$ dollars deposited in the bank in $2013,$ earning $6\mathrm{.}25\%$ interest, compounded monthly, be worth today. $\frac{3}{10}\frac{?}{13}$ thru $\frac{3}{10}\frac{?}{23}$

A: Interest Factor

$6$ Grandma purchased her house in $1933$ for $$1,800.$ Today, the house is valued at $$425,000.$ Calculate Grandma's annualized investment return. $(90$ Years$)$

A:

$7$ A sinking fund has been established in order to build a brand new airport to be located in Peninsula Ohio by the year $2032.$ Area governments will need $3\mathrm{.}5$ billion dollars to complete the project by then. If the fund used for this investment pays $8\mathrm{.}25\%$ annually, how much money should be deposited each year, for the next ten years, to meet the $3\mathrm{.}5$ billion dollar price tag.

A: Interest Factor

$8$ A property investment in Lakewood is expected to generate $$50,000$ a year in cash, every year for the next ten years. What is the present value of the property using $6\%$ as the discount rate.

A:

Interest Factor