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please solve both for good rating! 2. Please calculate the following future value given the assumptions below: Assume an individual invests $250/ mo for 30
please solve both for good rating!
2. Please calculate the following future value given the assumptions below: Assume an individual invests $250/ mo for 30 years at an expected rate of return of 8 percent. What is the future value? Use a monthly calculation. (Please show all work) 3. If an investor invests a one-time amount of $5000 today for a period of 35 years at an expect rate of return of 12 percent, what is the expected future value? Assume annual compounding. Please show all work Step by Step Solution
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