Question
#3 Derek will deposit $8,667.00 per year for 22.00 years into an account that earns 15.00%, The first deposit is made next year. How much
#3
Derek will deposit $8,667.00 per year for 22.00 years into an account that earns 15.00%, The first deposit is made next year. How much will be in the account 36.00 years from today?
#4
Derek will deposit $642.00 per year for 15.00 years into an account that earns 6.00%. The first deposit is made today. How much will be in the account 15.0 years from today? Note that he makes 15.0 total deposits.
#5
Derek will deposit $1,609.00 per year into an account starting today and ending in year 17.00. The account that earns 12.00%. How much will be in the account 17.0 years from today?
#6
Derek has the opportunity to buy a money machine today. The money machine will pay Derek $19,345.00 exactly 6.00 years from today. Assuming that Derek believes the appropriate discount rate is 7.00%, how much is he willing to pay for this money machine?
JUST SHOW HOW TO INPUT INTO CALCULATOR PLEASE
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