# Calculating Future Values Go to www.dinkytown.net and follow the Savings Calculator link. If you currently have $10,000

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## Question:

Calculating Future Values Go to www.dinkytown.net and follow the Savings Calculator link. If you currently have $10,000 and invest this money at 9 percent, how much will you have in 30 years? Assume you will not make any additional contributions. How much will you have if you can earn 11 percent?

Calculating the Number of Periods Go to www.dinkytown.net and follow the Cool Million link. You want to be a millionaire. You can earn 11.5 percent per year. Using your current age, at what age will you become a millionaire if you have $25,000 to invest, assuming you make no other deposits (ignore inflation)?

**Related Book For**

## Essentials Of Corporate Finance

ISBN: 9780073382463

7th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan