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Answer all of those 7 questions please! following the instruction, need calculation. Thank you! 1 25 Assume you invest $1,000 at 2% for 5 years.
Answer all of those 7 questions please! following the instruction, need calculation. Thank you! 1 25 Assume you invest $1,000 at 2% for 5 years. Interest is paid at the end of each year, and you leave the interest in the investment. How much will the investment grow to by the end of 5 years? Show your calculation. We will not have future value tables on the final exam, so a problem like this would show factors and you would chose the correct one for your calculation. Future Value of $1 Interest Rate Interest Periods Factor 2% 1 1.0200 2% 5 1.1041 Future Value of An Annuity Interest Rate Interest Periods Factor 2% 1 1.0000 2% 5 5.2040 2 points Question 2 Assume you invest $1,000 at 5% for 5 years. Interest is paid at the end of each year, and you leave the interest in the investment. How much will the investment grow to by the end of 5 years? Show your calculations. Use the textbook table to find the factor. HTML editori BIVA IEE31 x x TTT 12pt paragraph Question 3 2 points You are planning to invest $1,000 at the end of each year for 10 years at 6%. Interest is paid at the end of each year, and you will leave the interest in the investment. How much will the investment grow to by the end of 10 years? Show your calculations. Use the textbook table to find the factor. HTML editor IEE 3 2 1 x x * VD 1 12pt paragraph 2 points Question 4 You are planning to invest $1,000 at the end of each year for 10 years at 10%. Interest is paid at the end of each year, and you will leave the interest in the investment. How much will the investment grow to by the end of 10 years? Show your calculation. Use the textbook table to find the factor. HTML editori BIVA-AI E3311xx, EE TT 12pt paragraph 2 points Question 5 You are planning to invest $1.000 at the end of each year for 20 years at 6%. Interest is paid at the end of each year, and you will leave the interest in the investment. How much will the investment grow to by the end of 20 years? Show your calculation. Use the textbook table to find the factor. HTML editor B I VARIE 3 1 1 XX, EE - OD 2 VO. V 14 12pt paragraph Question 6 2 points Assume you borrow $10,000 at an annual interest rate of 5%. You are required to make $2,000 payments on the principal and the annual interest payment at the end of each year. What is the amount of interest that you will pay each year? Show your calculations. HTML editor - IK EE311 x x VX D 14 12pt paragraph 2 points Question 7 What is the difference between IRS Form W-2 and IRS Form W-4? HTML editor A = = = = = x x = = VX 112pt paragraph
Answer all of those 7 questions please! following the instruction, need calculation. Thank you!
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