Question: Enter Answers 1 point Each (10 Points Total) Below Q1) Suppose you invest $115,544 today in an account that earns 02.00% interest annually. How much
| Enter Answers | |
| 1 point Each (10 Points Total) | Below |
| Q1) Suppose you invest $115,544 today in an account that earns 02.00% interest annually. How much money will be in your account 7 years from today? | |
| Q2) What is the value today, of single payment of $107,157 made 6 years from today if the value is discounted at a rate of 23.00%? | |
| Q3) How many years would it take an investment of $826 to grow to $12,520 at an annual rate of return of 18.00%? | |
| Q4) How much money would you need to deposit today at 30.00% annual interest compounded monthly to have $45,307 in the account after 3 years? | |
| Q5) If you deposit $488 into an account paying 21.00% annual interest compounded quarterly, how many years until there is $9,979 in the account? | |
| Q6) If you deposit $57,470 at 09.00% annual interest compounded quarterly, how much money will be in the account after 3 years? | |
| Q7) If you deposit $176 into an account paying 10.00% annual interest compounded monthly, how many years until there is $24,272 in the account? | |
| Q8) What is the value today of receiving a single payment of $16,751 in 18 years if your required rate of return on this investment is 06.00% compounded semi-annually? | |
| Q9) If you deposit $452 at 16.00%annual interest compounded daily, how much money will be in the account after 23 years? (Assume that there are 364 days in a year) | |
| Q10) Suppose you deposit $404 today, $419 in one year, and $449 in two years in an account that pays an annual rate of interest of 15.00%. How much money will be in the account after three years? |
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