Question: please use excel and show your work Assume you can cam 12% on the investments described below. How much money would each investment provide for
Assume you can cam 12% on the investments described below. How much money would each investment provide for you after six years? a. Invest $6.200 as a lump sum today b. Invest $2,737 at the end of each of the next 3 years c. Invest a lump sum of $4,262 today and $1249 at the end of each of the next 6 years d. Invest $1,139 at the end of years 1.3 and 5 a. If you were to invest $8.200 as a lump sum today, the least you would accept at the end of a 6-year period, FV, $(Round to the nearest cent) b. If you were to invest $2,737 at the end of each of the next years, the least you would accept at the end of a 6-year period, FV (Round to the nearest cent) c. If you were to invest a lump sum of $4,262 today and $1.240 at the end of each of the next 6 years, the least you would accept at the end of a 5-year period, FV, #$(Round to the nearest cent) d. If you were to invest $1,139 at the end of years 1.3 and 5, the last you would accept at the end of a 8-year period, FV, is (Round to the nearest cont.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
