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How much will an ordinary annuity be worth in 3 years, if it pays $100 per year and earns 10% annual interest? Please use two
How much will an ordinary annuity be worth in 3 years, if it pays $100 per year and earns 10% annual interest? Please use two decimals rounded up. You decide that, starting when you are 20 years old, you will save $5 a day for retirement. At the end of the year, you invest the accumulated savings ($1,825) in a brokerage account with an expected annual return of 8%. If you continue the practice every year until you are 65. how much money will you have? Please use two decimals rounded up. If you would like to have $120,000 in your child's college account in 18 years and you can earn 5% per year, how much must you invest each year? Please use two decimals rounded up. How much money do you need to save each year to be a millionaire by the time you are 65 if you can earn an interest rate of 8% and you start saving when you are 45 years old? Please use two decimals rounded up. How much money do you need to save each year to be a millionaire by the time you are 65 if you can earn an interest rate of 8% and you start saving when you are 30 years old? Please use two decimals rounded up
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