Question
Find the Future Value in 50 years of $2,809 to be invested today if you can earn a rate of return of 7.05%. (round to
Find the Future Value in 50 years of $2,809 to be invested today if you can earn a rate of return of 7.05%. (round to the nearest cent)
You are offered an investment that will give you $29,424 in 19 years in exchange for $5,870 today. What is your expected rate of return on this investment? (round to 2 decimal places in percentage terms..for example 9.22 for 9.22 percent)
You are offered an investment that will pay you $1,088 per month for next 8 years. Assuming you want to earn an 6.4% rate of return, what is this investment worth today? Round to the nearest cent.
You want to accumulate $173,760. You currently have $14,271 saved. How much must you add at the end of each week for the next 11 years in order to reach your goal if you earn 7.26%?
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