Q1) Suppose you invest$19,739.00today in an account that earns9.43%interest annually.How much money will be in your account20.0years from today? (1.5 points)

Q2) What is the value today of single payment of$115,434.00 ,14.0years from today if the value is discounted at a rate of4.71% ? (1.5 points)

Q3) How many years would it take an investment of$965.00to grow to$31,299.00at an annual rate of return of3.16% ? (1.5 points)

Q4) How much money would you need to deposit today at5.51%annual interest compounded monthly to have$3,559.00in the account after9.0years? (1.5 points)

Q5) If you deposit$221.00into an account paying22.35%annual interest compounded quarterly, how many years until there is$86,456.00in the account? (1.5 points)

Q6) If you deposit$72,681.00at8.89%annual interest compounded quarterly, how much money will be in the account after14.0years? (1.5 points) Q7) If you deposit$994.00into an account paying17.87%annual interest compounded monthly, how many years until there is$17,947.00in the account? (1.5 points)

Q8) What is the value today of receiving a single payment of$16,153.00in24.0years if your required rate of return on this investment is19.41%compounded semi-annually? (1.5 points)

Q9) If you deposit$397.00at25.09%annual interest compounded daily, how much money will be in the account after2.0years?(Assume that there are 364 days in a year and show your answer to the nearest cent)

Q10) Suppose you deposit$983.00today,$794.00in one year, and$284.00in two years in an account that pays an annual rate of interest of13.77% .How much money will be in the account after three years?

Q11) Prepare the first row of a loan amortization schedule based on the following information.The loan amount is for$5,899.00with an annual interest rate of3.72% . The loan will be repaid over7.0years with monthly payments. a) Loan payment (1 point) b) Interest portion (1 point) c) Principle portion (1 point) d) Loan balance after first monthly payment (1 point)

Q12) What is the most you would be willing to pay for a investment that will pay you$287.00in one year,$723.00in two years, and$973.00in three years, if your required rate of return for this type of investment is16.12% ?

Q13) Suppose you signed a contract for a special assignment over the next18.0years.You will be paid$6,825.00at the end of each year.If your required rate of return is18.46% , what is this contract worth in today?

Q14) You need a loan to purchase new equipment.The loan will be paid off over8.0years with payments made at the end of every quarter.If the stated annual rate is14.03%and quarterly payments are$139.00 , what is the loan amount?

Q15) You would like to purchase a car for$18,934.00 .If the car loan is3.90%financed over7.0years, what will the monthly payments be for this car?

Q16) What is the most that you would pay for an investment that promises to pay$9,168.00a year forever with the first payment starting one year from now?Assume that your required rate of return for this investment is16.13% .

Q17) A loan has a stated annual rate of 16.41% . If loan payments are made monthly and interest is compounded monthly, what is the effective annual rate of interest?

Q18) You invest $4,780.00at the beginning of every year and your friend invests$4,780.00at the end of every year.If you both earn an annual rate of return of8.78% , how much more money will you have after 20.0years?

Q19) You currently have$4,733.00in a retirement Savings account that earns an annual return of6.69% .You want to retire in49.0years with 1,000,000. How much more do you need to Save at the end of every year to reach your retirement goal?