Question
You plan to save $600, $0, and $1,000 at the end of the next three years, respectively. What will your investment account be worth at
You plan to save $600, $0, and $1,000 at the end of the next three years, respectively. What will your investment account be worth at the end of the third year if you earn an annual rate of 3%?
Group of answer choices
$1,552
$1,422
$1,637
$1,988
UCLA endowment fund provides $130,000 in scholarships annually. The endowment earns 4.75% fixed interest per year. How much money is in the endowment fund?
Group of answer choices
$130,000
$250,000
$985,000
$2,736,842
You are in the process of buying a $250,000 home and you put down $50,000 so that you are borrowing $200,000 for 20 years at 4.431% rate compounded monthly., What will be your level monthly payment on this fully amortized payment?
Group of answer choices
$1,333
$833
$754
$943
$1,004
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