Question: Problem 9: Calculating Present Values. You need $40,000 in nine years. If you can earn .22% per month, how much will you have to deposit
Problem 9: Calculating Present Values. You need $40,000 in nine years. If you can earn .22% per month, how much will you have to deposit today? 1 will have to deposit $ - today. Problem 10: Calculating Present Values. You have decided that you want to be a millionaire when you retire in 32 years. 10a. If you can earn a 8% return, how much do you have to invest today? I have to invest $ today 10b. If you can earn an 10% return, how much do you have to invest today? I have to invest ,today. Problem 7: Calculating Future Values. You are scheduled to receive $17,000 in 3 years. When you receive it, you will invest it for nine more years at 6% per year. In twelve years, the account will be worth Problem 8: Calculating the Number of Periods. You expect to receive $60,000 at graduation in 2 years. You plan on investing it at 6% until you have $150,000. How long will you have to wait from now? I will have to wait _years from now
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