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equations for detail Q1) Suppose you invest $36,119 today in an account that earns 07.00% interest annually. How much money will be in your account
equations for detail
Q1) Suppose you invest $36,119 today in an account that earns 07.00% interest annually. How much money will be in your account 8 years from today? Q2) What is the value today, of single payment of $54,927 made 12 years from today, if the value is discounted at a rate of 17.00%? Q3) How many years would it take an investment of $786 to grow to $12,798 at an annual rate of return of 20.00%? INSTRUCTIONS Q4) How much money would you need to deposit today at 10.00% annual interest compounded monthly to have $15,337 in the account after 10 years? Q5) If you deposit $558 into an account paying 18.00% annual interest compounded quarterly, how many years until there is $34,800 in the account? When inputting an answer, round your answer to the nearest 2 decimal places.If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places. Q6) If you deposit $34,862 at 08.00% annual interest compounded quarterly, how much money will be in the account after 17 years? Q7) If you deposit $1,130 into an account paying 14.00% annual interest compounded monthly, how many years until there is $36,923 in the account? Q8) What is the value today of receiving a single payment of $58,517 in 25 years if your required rate of return on this investment is 22.00% compounded semi-annually? Q9) If you deposit $715 at 13.00%annual interest compounded daily, how much money will be in the account after 5 years? (Assume that there are 364 days in a year) Q10) Suppose you deposit $539 today, $233 in one year, and $576 in two years in an account that pays an annual rate of interest of 20.00%. How much money will be in the account after three yearsStep by Step Solution
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