Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need all done, will give 1 thumbs up per question done, thanks so much! 23) How many years would it take an investment of $829.00

image text in transcribedNeed all done, will give 1 thumbs up per question done, thanks so much!

23) How many years would it take an investment of $829.00 to grow to $42,921.00 at an annual rate of return of 7.66% ? (1.5 points) 04) How much money would you need to deposit today at 9.29% annual interest compounded monthly to have $49,907.00 in the account after 10.0 years? (1.5 points) (5) If you deposit $746.00 into an account paying 13.42% annual interest compounded quarterly, how many years until there is $85.831.00 in the account? (1.5 points) 06) If you deposit $97,822.00 at 19.97% annual interest compounded quarterly, how much money will be in the account after 19.0 years? (1.5 points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Finance

Authors: Maurice D. Levi

4th Edition

More Books

Students also viewed these Finance questions