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How many years do you have to deposit $1000 into a 5% savings account in order to accumulate $1 million? All payments are made at
How many years do you have to deposit $1000 into a 5% savings account in order to accumulate $1 million? All payments are made at the end of the year. A How much would you wind up with after 30 years if you saved $1000 at the end of every year and invested it at 5%? Round to the nearest dollar. What average annual return would you have to earn on your money to accumulate $1 million over 50 years, assuming $1000 invested at the end of every year? State as a percent, such as 6.54, and don't use the percent symbol. Round to two decimal places. What is the size of the monthly payments necessary to fully pay off (amortize) a $500,000 mortgage loan over 10 years at an APR of 6%? Round to the nearest dollar. Given the following cash flows at the end of every year, what is the present value if you use a discount rate of 5%? Round to the nearest dollar. 100 at Year1 A/ What is the size of the monthly payments necessary to fully pay off (amortize) a $500,000 mortgage loan over 10 years at an APR of 6%? Round to the nearest dollar. A/ Given the following cash flows at the end of every year, what is the present value if you use a discount rate of 5%? Round to the nearest dollar. 100 at Year 1 100 at Year 2 200 at Year 3 300 at Year 4 300 at Year 5 A Submit Quiz 2 of 2 questions saved
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