Question: Directions: Use the formula A = P(1+r/n)^nt where A represents the total amount , P represents the principal , r represents the interest rate as

Directions: Use the formula A = P(1+r/n)^nt whereA represents thetotal amount,P represents theprincipal,r represents theinterest rate as a decimal,n represents thenumber of times per year interest is compounded, andt represents the time in years to answer the questions below. Assume your investments are compounded annually.

Do some research online and find out what the average appreciation value has been for each of the investments for the past ten years and use that as your interest rate ( r ).

Suppose you would like to invest $100,000 in each of the following for 10

years:

1. Gold

2. Savings in a bank

3. Stocks (use any Vanguard account)

4. Real Estate in California

5. 401K

6. Bonds

7. A classic car

8. Collectible stamps

9. Cryptocurrency

10. Fine Art

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 Mathematics Questions!

On January 1, 2023, PondBlue Company purchased 100 percent of the outstanding voting stock of SweetWater, Inc., for $1,000,000 in cash and other consideration. At the purchase date, SweetWater had...

1 Normal No Spac... Heading 1 Heading 2 Paragraph Style ACTIVITIES: 1 - Choose the Best Deal Jesse has his eye on a used truck. Of the three options below, which do you think is the better deal if he...

help answer these Directions: Use the formula FV=P(1+nr)nt where FV represents future value, P represents the principal, r represents the interest rate as a decimal, n represents the number of times...

M New OTP for authentication - bra x VHL Central | Dashboard X # 4.4 (part 2) *Course Hero X Assignments > 4.4 (part 2) 4.4 (part 2) Spring 2023 Home Due Wednesday by 11:59pm Points 100 Submitting an...

7:10 AM Fri Jul 22 . . . 2% c ) d) 6. Jeff is purchasing a new vehicle for $35 000. It is known that the vehicle will depreciate by 20% of its current value every year. a) Write an equation that...

Hello again, this is another class and I need your help again. I misunderstood the start date of the class so I'm a bit late for this first week so I'm sorry for having to ask you to finish some of...

Clipboard 851 B D E Format the entries in each Calculation 1 [5-year savings) Calculation #2 (10-year savings) Calculation #3 (15-year savings) row as... 5 complete this table for your 5-year,...

How much money should be deposited today in an account that earns 3.5% compounded monthly so that it will accumulate to $9000 in three years? 0 Click the icon to View some finance formulas. The...

Amortization schedule Loan amount to be repaid (PV) Interest rate 0 Length of loan (in years) $24,000.00 1200% 7 Formula B a. Setting up amortization table Calculation of loan payment Year Beginning...

Loan amount to be repaid PV) Interest rate Length of ban in years) $11,000.00 120096 Formula a. Setting up amortization table Calculation of lan payment Beginning Balance Repayment of Principal Payne...

What is the longest wavelength light capable of ionizing a hydrogen atom in the ground state?

An investment provides an annual return of 10% with a compounding frequency of 4 times per year. What is the effective annual rate of return for this investment? A company has issued a bond with a...

Jane bought an October 2 0 0 put on AAPL stock with the premium being $ 3 / share . What is her profit / loss per share at expiration date if AAPL stock price is $ 1 9 5 / share ? Sketch the profit /...

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...