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If you wish to accumulate $156,000 in 5 years, how much must you deposit today in an account that pays an annual interest rate of

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If you wish to accumulate $156,000 in 5 years, how much must you deposit today in an account that pays an annual interest rate of 10%. $128,828.76$77,490.98$96,863.73$109,649.74$160,793.79 Question 14 (4 points) What will $192,000 grow to be in 5 years if it is invested in an account with a quoted annual interest rate of 8% with semi-annual compounding of interest? $284,206.90$282,110.99$346,732.42$257,623.76$406,984.28 How many years will it take for $246,000 to grow to be $454,000 if it is invested in an account with a quoted annual interest rate of 15% with daily compounding of interest? 2.74 years 1491.37 years 2.42 years 4.09 years 3.56 years Question 16 (4 points) You are told that if you invest $13,200 per year for 17 years (all payments made at the end of each year) you will have accumulated $534,000 at the end of the period. What annual rate of return is the investment offering? 9.04\% 9.98% 7.89\% 11.08\% 12.36% You are offered an annuity that will pay $12,000 per year for 17 years (the first payment will occur one year from today). If you feel that the appropriate discount rate is 15%, what is the annuity worth to you in today's dollars? $83,450.82$780,901.12$72,565.93$898,036.29$557,717.02 Question 18 (4 points) If you deposit $16,000 per year for 16 years (each deposit is made at the beginning of each year) in an account that pays an annual interest rate of 14%, what will your account be worth at the end of 16 years? $929,881.62$100,240.95$114,274.69$815,685.63$591,234.13

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