Question: Solve the following problems Using Financial. Calculator 1) What is the future v alue of $25,000 received today if it is invested at 6% compounded
Solve the following problems Using Financial. Calculator

1) What is the future v alue of $25,000 received today if it is invested at 6% compounded annually for six years? How much would earn$25,000 to buy a trailer house in 4 years? 2) you have to invest today at 8% compounded annually to 3) ing to save to buy a new $20,000 speedboat to take to the lake. You have $15,000 t oday that can be invested at your bank. The bank pays 15% annual interest on its accounts. How long will i speedboat? t be before you have enough to buy the 4) Assume th ente at the total cost of a college education will be $75,000 when your child rs college in 18 years. You presently have $7,000 to invest. What rate of rest you must earn on your investment to cover the $75,000 cost of you child's college education? inte u just won the lottery and want to put some money away for your child's college education. College will cost a total $65,000in 18 years. You can earn % compounded annually. How much do you need to invest today? 5) Yo cash flows of S50 At the end of each year for the next ten years you will receive after making an initial investment of $321 today. What rate of return are you expecting from this investment? 6)
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