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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 "

  1. 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

  1. 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%

  1. 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

  1. "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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