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I need help with all of them please. 2. Your savings account is currently worth $4,600. The account pays 2.6 percent interest compounded annually. How

I need help with all of them please. image text in transcribed
image text in transcribed
2. Your savings account is currently worth $4,600. The account pays 2.6 percent interest compounded annually. How much will your account be worth 3 years from now? Thirty years ago, your parents opened an investment account with a single deposit of $2,000. They never added any additional money to this account. Today, the account is worth $25,814.66. What average annual rate of return did they cam on their investment? Your goal is to earn an annual salary of $75,000 three years from now. You expect to increase your salary by 3.5 percent annually. How much do you need to earn this year if you are going to reach your goal? a, S65.887 b. 567.646 $68,420 d. 870,311 c. You just found your dream car. The car will cost you $36,800. The dealer will lend you the entire amount at 3.9 percent interest. compounded monthly, for 48 months. What is the amount of the monthly payment? Allis Bank is offering you a credit card with an APR of 14.7 percent. The bank compounds interest monthly. What is the effective annual rate? 7. A 7 percent, S1,000 bond matures in 8 years, pays interest semi-annually, and has a yield-to-maturity of 6.62 percent. What is the current market price? & Healthy Foods just paid its annual dividend of $1.45 a share. The firm recently announced that all future dividends will be increased by 2.8 percent annually. What is one share of this stock worth to you if you require a 14 percent rate of retur? XYZ, Inc. has some bonds outstanding These bonds pay interest semiannually, mature in years, and have a 8 percent coupon. The current price of the bond is Si050. What is the yield to maturity? 10. Even though you have no idea who you will marry, you are planning to have an elaborate wedding 4 years from now. The estimated cost of the wedding is $52,000 and you expect to cam 3.5 percent on your savings. How much do you need to save each month for this purpose assuming that you have no money saved as of today

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