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ans all this parts plZzzz* z 1. What is the future value of $2,000 invested today if it earns 10% interest for one year? 2.
ans all this parts plZzzz*z
1. What is the future value of $2,000 invested today if it earns 10% interest for one year? 2. What is the future value of $2,000 invested today if it earns 10% interest for two years? 3. What is the future value of $6,000 invested today if it earns 8.5% interest for seven Years? 4.What is the future value of $6,000 invested today if it earns 8% for 10.5 years? 5. An investor deposits $100 into his credit union account that pays interest at the rate of 3.25% per year (payable at the end of each year). He leaves the money and all accrued interest in the account for 7 years. How much will he have at the end of the 7 years? 5. What is the value of $2000after one year, if bank compounding half yearly and offered rate is 10%? (note: compare your answer with the answer of question no.1, give comments) 6 What is the value of $2000 after one year if bank compounding quarterly and offered rate is 10%? (note: compare your answer with the answer of question no.1 and 7, give comments) 7 What is the value of $2000after one year if bank compounding monthly and offered rate is 10%? (note: compare your answer with the answer of question no. 1,7 and 8 give comments) 8 What is the present value of $2,000 to be received 2 years from today when the annual discount rate is 10%? 9 What is the present value of $500 to be received 10.5 years from today when the annual discount rate is 8%? 10 You need $30,750 at the end of eight years, bank is offering you 12 percent interest on your deposit (compounded annually). How much amount should you depositStep by Step Solution
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