Question
Q1)A company wants to make a single deposit now so it will have$56,320five years from now. If the account will earn interest of 10% per
Q1)A company wants to make a single deposit now so it will have$56,320five years from now. If the account will earn interest of 10% per year, the amount that must be deposited now is nearest to?
Q2)if an investment account gives 5% interest annually, how much equal annualdeposits you have to make for 10 years starting year 1 to have a $281,018 at your account at the end of this investment?
Q3)What is the present value of annual$5,177 payments over the upcoming 5 years ,on an interest rate of 10%?
Q4)what is the present worth of $4,954in year 1 and amounts increasing by $185per year through year 5 at an interest rate of 10% per year?
Q5)what is the future worth of $830in year 1 and amounts increasing by $54per year through year 5 at an interest rate of 10% per year?
Q6)Find the present worth of $2,499 in year 1 and amounts increasing by 10% per year through year 9. Use an interest rate of 12% per year?
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