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hg this is the only A. $129,411.20 B. $132.827,88 C. s134.616.56 D. S141,919,67 E. $142,003.12 years from 6. Six years from now, you will be
hg this is the only A. $129,411.20 B. $132.827,88 C. s134.616.56 D. S141,919,67 E. $142,003.12 years from 6. Six years from now, you will be inheriting $100,000. What is this inheritance worth to you today if you can carn 6.5 percent interest, compounded annually? A. $68,533.41 B. $70,008.21 C. $72,419.05 D. $72,798.47 E. $74.003.15 7. How long will it take to double your savings if you earn 3.6 percent interest, compounded anmually? A. 17.78 years B. 18.04 years C. 18.67 years D. 19.42 years E. 19.60 years 8. You have just made your first $3,000 contribution to your individual rerement account. Assuming you eam a 9percent rate of return and make no additional contributions, what will your account be worth when you re in 35 years? What if you wait for 5 years before contributing? A. $48,507.26; $42,614.08 B. $57,311.20; $39,803.04 C. $57,311.20; $42,614.08 D. $61,241.90; $39,803.04 E. $61,241.90; $42.614.08
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