Given the following Data, PV Years Compound Rate What is the Future Value? $1,950.00 10 14.00%...
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Given the following Data, PV Years Compound Rate What is the Future Value? $1,950.00 10 14.00% You have just made a contribution to your retirement account in the amount of The compound rate is 11.00% You plan on retiring in 36 What will the account be worth when you retire? years. $5,900.00 Suppose you want ot own a Ferrari. The cost will be $202,000.00 12.0% 9 The appropratie discount rate is The time horizon is How much must you invest today to the buy the car in the future? years. Given the following Data, PV Years Compound Rate What is the Future Value? $1,950.00 10 14.00% You have just made a contribution to your retirement account in the amount of The compound rate is 11.00% You plan on retiring in 36 What will the account be worth when you retire? years. $5,900.00 Suppose you want ot own a Ferrari. The cost will be $202,000.00 12.0% 9 The appropratie discount rate is The time horizon is How much must you invest today to the buy the car in the future? years.
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1Calculate the future value Future Value Plugging in the values given Present Value 195000 PV Years ... View the full answer
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