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you wantvto have $175.000 in your saving account 5 years ffom nowv. you te prepared to make equal 15 annual deposits at the end of

you wantvto have $175.000 in your saving account 5 years ffom nowv. you te prepared to make equal 15 annual deposits at the end of each yest. if the account pays 5.0percent interest .what amount must you drposit each year
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16 (show work) An investment offers $10,500 per year for 18 years, with the first payment occurring one year from today. If the required return is 4%, what is the present value of the investment? (show work) You want to have $175,000 in your savings account 5 years from now. You're prepared to make equal 15 annual deposits at the end of each year. If the account pays 5.0% interest, what amount must you deposit each year? (show work) You want to have 100,000 in your savings account 8 years from now. You're prepared to make equal annual deposits at the beginning of each year. If the account pays 3% interest, what amount must you deposit each year? (show work) hp 78 TL AT 100% - Normal text - Times New. - 11.1 - BIUA E L E 13 V2Final Page 7 of 9 Extra Credit (2 points cach) 1. Berkeley Co. has identified an investment project with the following cash flows. If the discount rate is 9 the present value of these cash flows? What is the present value at 10%? what is Years Cash Flow 1 5878 2 $993 3 1,264 4 $1,698 Best Buy Inc. has identified an investment project with the following cash flows. If the discount rate is 6%, what is the future value of these cash flows in year 4? If the discount rate is 3%, what is the future value in year 47 Show your Cash Flow Year 1 5 732 Year 2S 1.143 Year 3 5 1,310 Year 45 1.515 V2Final Page 8 of 9 3. An investment offers 55,324 per year for 1 years, with the first payment occurring one year from today. If the required return is what is the present value of the investment Show your work

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