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MULTIPLE QUESTIONS RESPECTFULLY PLEASE IF YOU DONT WANT ANSWER ALL THE QUESTIONS DONT. I HAVE LIMITED QUESTIONS LEFT years for 14. Suppose you deposit $8,000

MULTIPLE QUESTIONS RESPECTFULLY PLEASE IF YOU DONT WANT ANSWER ALL THE QUESTIONS DONT. I HAVE LIMITED QUESTIONS LEFT

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years for 14. Suppose you deposit $8,000 today into an account that carns 10%. It will take the account to be worth $30,379.99. a 11 b. 12 13 d. 14 15 15. Assume that fourteen years from today, you deposit $150,000 into an account that account carns 7% Thirty years from today the account will be worth $ a. 413,854.73 b. 427,643.67 c. 442,824.56 d. 451,126.65 e. 473,822.28 16. Assume you need to have $70,000 15 years from today. Five years from today you must in an account that carns 4.8%. have S a. 43,801.12 b. 44,508.48 c. 45,074.94 d. 46,051.49 e. 46,389.62 17. Mason borrows $41,217.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.40%. After 16 months Mason decides to pay off his car loan. How much does he owe on the loan? a. $33,692.90 b. $33,173.05 c. $32,650.86 d. $34,144.26 e $34,125.86 18. What is the value today of an investment that will pay $3,333.00 every six months for 27 years? Assume the first payment is made 4 years from today. The annualized interest rate is 9.00% a $58,261.65 b. $56,780.30 c. $49,373.53 d. $47,247.40 e. $60,328.97

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