Question
Q3) How many years would it take an investment of $690 to grow to$9,385 at an annual rate of return of 29.00%? Q4) How much
Q3) How many years would it take an investment of $690 to grow to$9,385 at an annual rate of return of 29.00%?
Q4) How much money would you need to deposit today at 30.00% annual interest compounded monthly to have $21,581 in the account after 6 years?
Q5) If you deposit $56 into an account paying 21.00% annual interest compounded quarterly, how many years until there is $16,879 in the account?
Q6) If you deposit $38,909 at 15.00% annual interest compounded quarterly, how much money will be in the account after 20 years?
Q7) If you deposit $594 into an account paying 03.00% annual interest compounded monthly, how many years until there is $39,291 in the account?
Q8) What is the value today of receiving a single payment of $10,744 in 19 years if your required rate of return on this investment is 17.00% compounded semi-annually?
Q9) If you deposit $812 at 14.00%annual interest compounded daily, how much money will be in the account after 17 years?(Assume that there are 364 days in a year)
Q10) Suppose you deposit $984 today, $268 in one year, and $808 in two years in an account that pays an annual rate of interest of 07.00%.How much money will be in the account after three years?
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