Question
If you were able to invest $25000 at a rate of 6.9% for 6 months. How much money would have at the end of that
If you were able to invest $25000 at a rate of 6.9% for 6 months. How much money would have at the end of that period?
What is the present value of $4500 received 3 years from today if the prevailing interest rate is 6.5%?
A firm plans invest money today at an interest rate at 7% compounded annually to have $40000 available for the purchase of a car 3 years from now. How much does the firm need to invest today?
Jane's parents have created a saving account to save for her college education. If they invest $1000 a year at 6% interest beginning on her first birthday. How much will be in the account when she reaches age 18?
You own a contract promises an annuity cash flow of $150 year-end cash flows in for each of the next 3 years. At an interest rate at 11%, what the present value of this contract?
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