Question: I need help with question 5 only please 2. Suppose you want $5,000 in your bank account when you graduate in four years, how much
2. Suppose you want $5,000 in your bank account when you graduate in four years, how much would you have to invest today at 7% APR to get it? (show work) 3. If you have a bank account with a balance of $200 how long would it take you to havea balance of $400 if the bank gave you 8% APR? (show work) 4 What is the present value of $800 dollars received at the end of the next 8 years at a discount rate of 15%? (show work) If an investment is paying 12% annual for the next 7 ou invest $700 annually? (show work ears, how much would you have ir 2:21 PM @ dx 2/27/2019
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
