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Q1 Your goal is to have $84,249. If you can earn 11.98% per year and you invest $15,624 today, how many years until you reach
Q1
Your goal is to have $84,249. If you can earn 11.98% per year and you invest $15,624 today, how many years until you reach your goal?
Q2
A company has purchased an asset for $124,133. If they require a return of 11.59%, how much must they sell the asset for in 6 years?(Round to 2 decimal places.)
Q3
You are buying an investment property for $367,301 today. Through research, you have determined that the value of the property is likely to grow at a rate of 6.02% per year, on average. How long until the value of the property grows to $532,253?
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