Question
You plan to invest $11K every year for 30 years. You also plan to make 20 equal withdrawals starting with year 31. How large can
You plan to invest $11K every year for 30 years. You also plan to make 20 equal withdrawals starting with year 31. How large can your annual withdrawals be if the interest rate is 6%?
"$106,160 " | ||
"$75,819 " | ||
"$38,039 " | ||
"$180,686 " | ||
|
You plan to invest $10K every year for 18 years. You also plan to make 4 equal withdrawals in years 17, 18, 19, and 20. How large can your annual withdrawals be if the interest rate is 6%?"
"$84,089 " | ||
"$71,203 " | ||
"$79,380 " | ||
"$73,927 " | ||
"$82,310 " |
-
An investment will generate $100 per month for 10 months starting 3 months from now. What is the value of the investment today if the interest rate is 5%?
$969
"$1,156 "
"$1,352 "
"$1,427 "
$933
-
An investment will generate 10 payments of $100 once in every 3 quarters starting 3 quarters from now. What is the value of the investment today if the interest rate is 5% compunded quarterly?
"$1,192.60 "
$947.00
$837.03
$819.35
$947.13
Consider a loan requiring you to pay $1,000 per quarter for 12 quarters. The bank's quoted APR is 12% compounded monthly. What is the interest rate that should be used in the present value calculation?"
1.00% | ||
12.00% | ||
3.03% | ||
12.68% | ||
3.00% |
-
An investment will generate $100 per month for 15 months starting today. What is the value of the investment today if the interest rate is 5%?
$981.53
"$1,185.25 "
"$2,395.39 "
"$1,457.21 "
$933.00
-
"You currently have $50K in your account and expect to make additional $1,000 contributions to your account every year for 12 years followed by 1 additional payment of $2,000 in year 13. How much money will you have in your account at the end of year 13 if the interest rate is 6%?"
"$147,112 "
"$136,169 "
"$120,639 "
"$126,529 "
"$117,281 "
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