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a. How much would you have to deposit today if you wanted $60,000 iin three years. Annual interest rate is 10%. present value= b. Assume
a. How much would you have to deposit today if you wanted $60,000 iin three years. Annual interest rate is 10%.
present value=
b. Assume that you are saving up for a trip around the world when you graduate in 2 years. if you can earn 6% on your investment. How much would you have to deposit today if you want 16,500 when you graduate?
present value=
c. calculate the future value of an investment of $715 for nine years earning and interest of 10%.
future value=
c2- would you rather have 715 now or 1800 nine years from now
Qutz ow much would you have to deposit today you wanted to have $60,0 0inthree years? Annual interest rate is K % PV f EY of PVAost and Eats use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dolla.) b Assume that you are sangupforarp around the world when you gadu re n two years ryou can earn 6% on our mestm how much would you have to deposit today to have St6500 when you graduate? Round your answer to 2 decimei places) c-1. Calculate the future value of an investment of $715 places.) for nine years earning an interest of 10% (Round your answer to 2 decimal ninde c-2. Would you rather have $715 now or s1,800 nine years from now? O Nine years from no O Now d. Assume that a college parking sicker today costs $86 Ir the cost of perking is incressing ot the ote the college pasing socker cost in seven years? (Round your answer to 2 decimal c pleces) eeM:@ here to searchStep by Step Solution
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