Chapter $5-$ Assignments SHOW ALL WORK

If you wish to accumulate $$140,000$ in $13$ years, how much must you deposit today in an account that pays an annual interest rate of $14\%?$

What will $$247,000$ grow to be in $9$ years if it is invested today in an account with an annual interest rate of $11\%?$

How many years will it take for $$136,000$ to grow to be $$468,000$ if it is invested in an account with an anual interest rate of $8\%?$

At what annual interest rate must $$137,000$ be invested so that it will grow to be $$475,000$ in $14$ years?

If you wish to accumulate $$197,000$ in $5$ years, how much must you deposit today in an account that pays a quoted annual interest rate of $13\%$ with semi$-$annual compounding of interest?

What will $$153,000$ grow to be in $13$ years if it is invested today in an account with a quoted annual interest rate of $10\%$ with monthly compounding of interest?

How many years will it take for $$197,000$ to grow to be $$554,000$ if it is invested in an account with a quoted annual interest rate of $8\%$ with monthly compounding of interest?

At what quoted annual interest rate must $$134,000$ be invested so that it will grow to be $$459,000$ in $15$ years if interest is compounded weekly?

You are offered an annuity that will pay $$24,000$ per year for $11$ years $($the first payment will occur one year from today$).$ If you feel that the appropriate discount rate is $13\%,$ what is the annuity worth to you today?

If you deposit $$16,000$ per year for $12$ years $($each deposit is made at the end of each year$)$ in an account that pays an annual interest rate of $14\%,$ what will your account be worth at the end of $12$ years?

You plan to borrow $$389,000$ now and repay it in $25$ equal annual installments $($payments will be made at the end of each year$).$ If the annual interest rate is $14\%,$ how much will your annual payments be$?$

You are told that if you invest $$11,000$ per year for $23$ years $($all payments made at the end of each year$)$ you will have accumulated $$366,000$ at the end of the period. What annual rate of return is the investment offering?

You are offered an annuity that will pay $$17,000$ per year for $7$ years $($the first payment will be made today$).$ If you feel that the appropriate discount rate is $11\%,$ what is the annuity worth to you today?

If you deposit $$15,000$ per year for $9$ years $($each deposit is made at the beginning of each year$)$ in an account that pays an annual interest rate of $8\%,$ what will your account be worth at the end of $9$ years?

You plan to accumulate $$450,000$ over a period of $12$ years by making equal annual deposits in an account that pays an annual interest rate of $9\%($assume all payments will occur at the beginning of each year$).$ What amount must you deposit each year to reach your goal?

You are told that if you invest $$11,100$ per year for $19$ years $($all payments made at the beginning of each year$)$ you will have accumulated $$375,000$ at the end of the period. What annual rate of return is the investment offering?