If the current value of $1000 received in each of the next five years starting one...

  

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If the current value of $1000 received in each of the next five years starting one year from now is $3889.65, what is the assumed annual interest rate? $1000 is deposited in a bank earning 8% compounded annually. What will be the balance at the end of ten years? What will be the ending balance assuming money is compounded quarterly? How much will you accumulate if you invest $800 a year for 10 years at a rate of 8% per year? How much will you accumulate if $200 per quarter is invested at a rate of 8% per year compounded quarterly? You now have $20,000 which can be invested at 9% per year. For how many years can you spend $2671? a. b. C. d. What is the most you can spend per year for the next 20 years? If you borrowed that $20,000 to be paid back over 13 years at 9%, what are your annual payments? How much must you save per year for 13 years at 9% to accumulate $20,000? If you invest $1000 today, you expect to have $1460 at the end of 4 years. What rate of return do you expect to earn? If the current value of $1000 received in each of the next five years starting one year from now is $3889.65, what is the assumed annual interest rate? $1000 is deposited in a bank earning 8% compounded annually. What will be the balance at the end of ten years? What will be the ending balance assuming money is compounded quarterly? How much will you accumulate if you invest $800 a year for 10 years at a rate of 8% per year? How much will you accumulate if $200 per quarter is invested at a rate of 8% per year compounded quarterly? You now have $20,000 which can be invested at 9% per year. For how many years can you spend $2671? a. b. C. d. What is the most you can spend per year for the next 20 years? If you borrowed that $20,000 to be paid back over 13 years at 9%, what are your annual payments? How much must you save per year for 13 years at 9% to accumulate $20,000? If you invest $1000 today, you expect to have $1460 at the end of 4 years. What rate of return do you expect to earn?

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