question 8 please

question 8

#1 Suppose you deposit $2,562.00 into an account today that earns 10.00%. In 20.00 years the account will be worth S $ Submit Answer format: Currency: Round to: 2 decimal places. Suppose you deposit $1,695.00 into and account 8.00 years from today into an account that earns 6.00%. How much will the account be worth 17.00 years from today? Submit Answer format: Currency: Round to: 2 decimal places. 3 Suppose you deposit $1,021.00 into an account 4.00 years from today. Exactly 13.00 years from today the account is worth $1,571.00. What was the account's interest rate? Submit Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required. Will accept decimal format rounded to 5 decimal places (ex: 0.09243) #4 An aggressive stock trader plans to invest $36,900.00 in the stock market today. He plans to double his money in one year. What interest rate must he earn in the next year to reach his goal? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) #5 Assume the nominal rate of return is 6.40% and the inflation rate is 6.84%. Find the real rate of return using the exact formula Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) #S Assume the real rate of interest is 2.00% and the inflation rate is 4.00%. What is the value today of receiving 13,528.00 in 7.00 years? Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $1,204.00 per year for 28.00 years? Assume the first payment is made one year from today and the interest rate is 14.00%. Submit Answer format: Currency: Round to: 2 decimal places. #8 What is the value today of a money machine that will pay $1,005.00 every six months for 10.00 years? Assume the first payment is made six months from today and the interest rate is 10.00% Submit Answer format: Currency: Round to: 2 decimal places. Derek will deposit $1,846.00 per year into an account starting today and ending in year 11.00. The account that earns 10.00%. How much will be in the account 11.0 years from today? Submit Answer format: Currency: Round to: 2 decimal places. #10 What is the value today of receiving $2,298.00 per year forever? Assume the first payment is made 6.00 years from today and the discount rate is 8.00%. Submit Answer format: Currency: Round to: 2 decimal places