Question: Below Below Points as marked (50 Points Total) - 28 QUESTIONS TOTAL Q1) Suppose you invest $12,745.00 today in an account that earns 9.77% interest

 Below Below Points as marked (50 Points Total) - 28 QUESTIONS

Below Below Points as marked (50 Points Total) - 28 QUESTIONS TOTAL Q1) Suppose you invest $12,745.00 today in an account that earns 9.77% interest annually. How much money will be in your account 8.0 years from today? (1.5 points) Q2) What is the value today of single payment of $61,845.00, 9.0 years from today if the value is discounted at a rate of 2.02% ? (1.5 points) Q3) How many years would it take an investment of $114.00 to grow to $6,675.00 at an annual rate of return of 3.76% ? (1.5 points) Q4) How much money would you need to deposit today at 14.59% annual interest compounded monthly to have $5,747.00 in the account after 6.0 years? (1.5 points) Q5) If you deposit $689.00 into an account paying 11.97% annual interest compounded quarterly, how many years until there is $11,580.00 in the account? (1.5 points) 06) If you deposit $40,766.00 at 13.62% annual interest compounded quarterly, how much money will be in the account after 13.0 years? (1.5 points) Q7) If you deposit $1,564.00 into an account paying 11.79% annual interest compounded monthly, how many years until there is $48,663.00 in the account? (1.5 points) 08) What is the value today of receiving a single payment of $83,272.00 in 2.0 years if your required rate of return on this investment is 16.58% compounded semi-annually? (1.5 points) Q9) If you deposit $874.00 at 24.46% annual interest compounded daily, how much money will be in the account after 19.0 years? (Assume that there are 364 days in a year and show your answer to the nearest cent) (1.5 points) Q10) Suppose you deposit $470.00 today, $744.00 in one year, and $239.00 in two years in an account that pays an annual rate of interest of 17.26% . How much money will be in the account after three years? (1.5 points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!