Question
Suppose you need to have $50,037.00 in an account 21.00 years from today and that the account pays 9.00%. How much do you have to
Suppose you need to have $50,037.00 in an account 21.00 years from today and that the account pays 9.00%. How much do you have to deposit into the account 10.00 years from today?
Suppose you deposit $1,137.00 into an account 5.00 years from today. Exactly 18.00 years from today the account is worth $1,627.00. What was the account's interest rate?
Suppose you deposit $1,025.00 into an account 7.00 years from today that earns 12.00%. It will be worth $1,831.00 _____ years from today.
Assume the real rate of interest is 4.00% and the inflation rate is 5.00%. What is the value today of receiving 10,512.00 in 10.00 years?
Please answer these 4
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