Question: Please answer them with step by step and good handwriting, thank you . 3. You are offered an investment which pays you $2000 a year

 Please answer them with step by step and good handwriting, thank
Please answer them with step by step and good handwriting, thank you .

3. You are offered an investment which pays you $2000 a year for 10 years starting two years from now. If you require a rate of return of 7.5%, what is the present value of this investment? 4, You deposit $10,000 into an account today. The account earns 6% interest, compounded quarterly. If you leave the money, plus all accrued interest, in the account for 5 years, what will the balance be at that time? s. If you invest $7,500 today how long wil it take for your investment to double at 6.5% interest

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!