Question
a. You expect to put $5,300 into your IRA at the end of every year for the next 16 years. The investment it is contributed
a. You expect to put $5,300 into your IRA at the end of every year for the next 16 years. The investment it is contributed into returns an annual rate of 12%. How much will you have in 16 years?
Periods FV of $1 FV of an Annuity of $1 (factors at 12%)
16 6.13039 42.75328
b. Based on the information below please calculate how much $123,456 invested today would be at the end of seven (7) years, compounded at 8%.
Periods FV of $1 FV of an Annuity of $1 (factors at 8%)
7 1.71382 8.92280
c. Based on the information below please calculate the value of $111,111 to be received at the end of eleven (11) years, discounted at 11%. Periods
PV of $1 PV of an Annuity of $1 (factors at 11%)
11 0.31728 6.20652
d. Based on the information below please calculate the annual net cash inflows of $56,789 for four (4) years, discounted at 5%.
Periods PV of $1 PV of an Annuity of $1 (factors at 5%)
4 0.82270 3.54595
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