Question: 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


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 full answer
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