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Hi could you please do all parts to this question? a. How much would you have to deposit today if you wanted to have $52,000
Hi could you please do all parts to this question?
a. How much would you have to deposit today if you wanted to have $52,000 in four years? Annual interest rate is 9%. (PV of $1, FV of $1. PVA of $1, and FVA of $) (Use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.) Present value 37 b. Assume that you are saving up for a trip around the world when you graduate in three years. If you can earn 8% on your investments, how much would you have to deposit today to have $14,000 when you graduate? (Round your answer to 2 decimal places.) Present value c-1. Calculate the future value of an investment of $630 for ten years earning an interest of 9%. (Round your answer to 2 decimal places.) Future valueStep by Step Solution
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