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How much do you have to invest in $ today at an annual rate of 8%, if you need to have $600 in 10 years
How much do you have to invest in $ today at an annual rate of 8%, if you need to have $600 in 10 years from today? Your Answer: Answer Question 8 (1 point) You want to buy a house in 7 years and expect to need $30000 for a down payment. If you have $11000 to invest, how much interest do you have to earn (compounded annually) to reach your goal? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43% Your Answer: Answer Question 9 (1 point) How much (in \$) would \$1million due in 100 years be worth today if the discount rate were 15% ? Your
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