A) You invest $12,000 today at 9 percent per year. How much will you have after 15

Fantastic news! We've Found the answer you've been seeking!

Question:

A) You invest $$ 12, 000$ today at $9$ percent per year. How much will you have after $15$ years?

B) What is the current value of $$ 100, 000$ after $10$ years if the discount rate is $12$ percent?

C) You invest $$ 2, 000$ a year for $20$ years at $11$ percent. How much will you have after $20$ years?

Posted Date: Nov 16, 2021 08:25 AM

See More Questions

What is the current value of the stock based on the second approach? A. C $ 16.24 B. C $ 17.65 C. C $ 28.29 Assorted Fund, a UK - based globally diversified equity mutual fund, is considering adding...
What is the current value of a P200 annuity be made at the beginning of each year, for 3 years if the prevailing rate of interest is 7% compounded annually?
How much will Marie have in her retirement account in 10 years if her contribution is $ 7,000 per year and the annual return on the account is 6%? How much of this amount represents interest?
Three charges are placed as shown in the figure below. A scale is provided for the distances. Match the numerical values with the appropriate force of interaction. 19=8c a. b. 9=-2C I'm 93=4...
What considerations must be kept in mind when adjusting the financial statements (balance sheet and income statement) for postretirement benefits?
Predetermined Overhead Rate; Disposition of Underapplied or Overapplied Overhead Bieler & Cie of Altdorf Switzerland, makes furniture using the latest automated technology. The cornpamiy uses a...
Costco's selling, general, and administrative expenses (SG&A expenses) remained steady between 8.7% to 8.8% of net sales during fiscal years 1994 and 2000. Then, in 2001, these expenses began to...
Ringer Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Ringer anticipates selling 220,000 jars with total...
which security controls can be used to protect the IT / OT environment at the Purdue level 0 ( physical process
Returning to problem 5, now assume that the products to be removed are strategicin the sense that they drive sales from some key customersand also that their wholesale price is $$70$ (instead of...
Error during transmission is unavoidable. Feedback and Forward error correction are 2 ways of error correstions. Describe in detail the differences between the Feedback and Forward error corrections....
Explain how the graphs of g and h are obtained from the graph of f. f(x) = x, g(x)=(x+4), h(x) = x+4
When you and your group were doing the cost/benefit analysis of two options for addressing your chosen problem, you might have struggled with the following: A. Imperfect Knowledge B. Lack of...
International law has some characteristics that are similar to domestic law, but also some differences. First, international law does not form a single unified legal system. Rather, it's more of a...
A projectile is launched horizontally from a height of 2 . 0 0 meters and with a velocity of 4 5 0 m / s . Neglecting air resistance and using 9 . 8 m / s what is the range of the projectile? A...
Doa Julia and her husband, Don Antonio, live in a popular sector of a municipality in Colombia. The man worked as a security guard in an apartment building continuously for 19 years, but a few days...
graph f ( x ) = ( 3 x - 5 ) / ( x - 2 )
In the current year, the City of Omaha donates land worth $500,000 to Ace Corporation to induce it to locate in Omaha and create an estimated 2,000 jobs for its citizens. a. How much income, if any,...
In 2001 and 2002, several accounting scandals were uncovered which resulted in very significant financial losses for investors and creditors of U.S. corporations. This led to legislation that placed...
The Internet is a good place to get information that is useful to you in your study of accounting. For example, you can find information about current events, professional accounting organizations,...
Which of the following does not describe accounting? a. Language of business. b. Is an end rather than a means to an end. c. Useful for decision making. d. Used by business, government, nonprofit...

A) You invest $12,000 today at 9 percent per year. How much will you have after 15

Question:

Expert Answer:

1 In the first place the future value of an amount invested today is its future equivalent amount af... View the full answer

Students also viewed these finance questions