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please answer all thank you ! Your goal is to have $87,020. If you can earn 11.4% per year and you invest $18,426 today, how
please answer all thank you !
Your goal is to have $87,020. If you can earn 11.4% per year and you invest $18,426 today, how many years until you reach your goal? If you have $516 today and you think you can earn an interest rate of 6% per year, how many years until you have $816? You are looking at an investment that will pay you $21,210 in year 2, $43,227 in year 4 and $49,048 in year 6. If your required return is 8.62%, what is the most you should pay for the investment? (In other words, how much is the project worth today?) An investment will pay you $3,090 in 1 years if you pay $2,062.97 today. What is the implied rate of return? (Convert to a percent. Round to 2 decimal places.) Suppose that 2 years ago you bought an old record player at a yard sale for $1.09. You saw today on E-bay that the same record player is selling for $30.81. If you were to sell the record play at that price today, what would be the implied return percentage? (Convert to a percent. Round to 2 decimal placesStep by Step Solution
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