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Question 2 pts You want to take a cruise vacation 4 years from now when you complete graduate school. You estimate that you will need
Question 2 pts You want to take a cruise vacation 4 years from now when you complete graduate school. You estimate that you will need $5,000 when you complete graduate school to pay for the cruise. If you can earn 9.8% interest on your deposits, how much would you have to deposit today to be able to pay for the cruise when you graduate? Round your answer to 2 decimals. For example, $100.12. D Question 2 2 pts You will deposit 300 per year into an account that earns 7.9% per year. How much will you have in the account 6 years from now? Round your answer to 2 decimals, for example 100.21. Question 3 2 pts You will receive $300 per year for the next 5 years. What is the PV of the payments if the interest rate is 5.7%? Roiund your answer to 2 decimals, for example 100.12
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