Question: I need someone to double check these answer please. 1) 6 years ago, you invested $175,000. Today your investment is worth $242,000 What effective interest
I need someone to double check these answer please. 
1) 6 years ago, you invested $175,000. Today your investment is worth $242,000 What effective interest rate did you earn on the investment assuming interest compounded annually? PMT 175,000 2.) Karen makes a deposit of S33,500 in a bank account. The deposit is to earn interest compounded annually at the rate of 2.95% for 6 years. (a) How much will Karen have on deposit at the end of 6 years? (b) Assume the deposit earned a 2.20% rate of interest compounded monthly, how much would she have at the end of 6 years? (a) FV (b) FV 2.95% PMT PV PMT PV 3) Kevin can deposit S5,750 at the end of each six month period for the next 10 years and earn interest at an annual rate of 3.25% compounded semiannually. (a) What will be the value of the deposits after 10 years? (b) If a $11,500 deposit is made at the beginning of the year for the next 10 years, what is the value after 10 years if interest is compounded annually? (a) FV (b) $133,362.60 137,696.88I got this answer in orange on my calculator because you have to change the settings to annuity due since the payments are occuring at the beginning ofthe 0.01625 PMT PV 5,750 PMT
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