1: Your goal is to have $95327. If you can earn 11.19% per year and you invest $14366 today, how many years until you reach your goal?

 

 

 

2: Suppose that 2 years ago you bought an old record player at a yard sale for $3.01. You saw today on E-bay that the same record player is selling for $31.09. If you were to sell the record play at that price today, what would be the implied return percentage? (Convert to a percent. Round to 2 decimal places.

Answer rating: 100% (QA)

1 Lets calculate the maximum amount you should be willing to i... View the full answer