Answer

Question $4(1$ point$)$

You have $$15,000$ saved. Additionally, you plan on saving $$1,100$ every year for the

next $5$ years. You will then withdraw $$1,000$ for $3$ additional years. What will your

balance be in $11$ years? This account yields $13\%$ every year.

Your Answer:

Answer

Page $2$ of $4$

Answer

Question $6(1$ point$)$

An investment promises a return of $15\%.$ It will require that you will make payments

of $$1,750$ in two, three and four years. Then you will have to make payments of

$$3,500$ in $7,8$ and $9$ years. No other payments are required. How much will you

have in $20$ years?

Your Answer:

Question $5(1$ point$)$

You plan to invest $$1,000$ immediately, $$300$ in one year, $$1000$ in two and three

years and finally $$1,160$ in four years. If the investment yields $14\%$ per year, what is

the future value of this investment in six years?

Your Answer:

An investment costs $$100$ and it promises

$$50$ in $3,4,5,6$ and $7$ years. What is the

return of this investment? Answer in decimal

form using four decimal digits $($i$.$e$.21\mathrm{.}37\%=$

$0\mathrm{.}2137).$

ID$13898,250$

An investment costs $$100$ and it promises

$$50$ in $3,4,5,6$ and $7$ years. What is the

return of this investment? Answer in decimal

form using four decimal digits $($i$.$e$.21\mathrm{.}37\%=$

$0\mathrm{.}2137).$

ID$13898,250$

An investment costs $$100$ and it promises

$$50$ in $3,4,5,6$ and $7$ years. What is the

return of this investment? Answer in decimal

form using four decimal digits $($i$.$e$.21\mathrm{.}37\%=$

$0\mathrm{.}2137).$

ID$13898,250$

An investment costs $$100$ and it promises

$$50$ in $3,4,5,6$ and $7$ years. What is the

return of this investment? Answer in decimal

form using four decimal digits $($i$.$e$.21\mathrm{.}37\%=$

$0\mathrm{.}2137).$

ID$13898,250$

An investment costs $$100$ and it promises

$$50$ in $3,4,5,6$ and $7$ years. What is the

return of this investment? Answer in decimal

form using four decimal digits $($i$.$e$.21\mathrm{.}37\%=$

$0\mathrm{.}2137).$

ID$13898,250$

An investment costs $$100$ and it promises

$$50$ in $3,4,5,6$ and $7$ years. What is the

return of this investment? Answer in decimal

form using four decimal digits $($i$.$e$.21\mathrm{.}37\%=$

$0\mathrm{.}2137).$

ID$13898,250$

Your Answer:

$.$

Question $7($Bonus$)(1$ point$)$

An investment promises to pay $$1,000$ for the next three years, an unknown amount

in the fourth year and $$650$ in the fifth year. What should the value of the fourth

year payment be if the investment is required to yield $10\%$ and is selling for $$8,000?$

Your Answer: