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hello my name is Jthis homework is about finance. its talking about TVOM please help! TVOM PROBLEMS Complete 5 of the 6 problems: a) b)
hello my name is Jthis homework is about finance. its talking about TVOM please help!
TVOM PROBLEMS Complete 5 of the 6 problems: a) b) c) d) What type of TVOM PV or FV Create a DETAILED timeline Apply appropriate equation Must complete Problem # 6 and any 4 of the other 1.If you wish to accumulate $140,000 in 13 years, how much must you deposit today in an account that pays an annual interest rate of 14%? 2. If you deposit $15,000 per year for 9 years (each deposit is made at the beginning of each year) in an account that pays an annual interest rate of 8%, what will your account be worth at the end of 9 years? 3. If you wish to accumulate $197,000 in 5 years, how much must you deposit today in an account today that pays a quoted annual interest rate of 13% with semi-annual compounding of interest? 4. If you deposit $16,000 per year for 2 years and $10,000 for 3 years in an account that pays an interest rate of 14% compounded quarterly, what will your account be worth at the end of the 5 years? 5. What will $153,000 grow to be in 13 years if it is invested today in an account with a quoted annual interest rate of 10% with monthly compounding of interest? 6, How much money will I have to deposit today if I plan to have a return of $1500 after 1 year, $1200 after 2 years, and $895 after 3 years . The interest rate is 6% compounded semiannuallyStep by Step Solution
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