You are scheduled to receive $9000 in 3 years. When you receive it, you will invest...

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You are scheduled to receive $9000 in 3 years. When you receive it, you will invest it for 12 years at a rate of 5.50%. How much will you have at the end of 15 years? Present value Discount rate (r) Number of periods (nper) Future value $ 9,000.00 5.50% 15 $90,338.23 try again Your family purchased a home in Aspen, CO in 2018 for the price of $800000. You expect to inherit the residence in 2030. During the period in which your family owned the residence, the value increased at an annual rate of 7.00%. How much will the residence be worth when you inherit the home in 2030? Present value Discount rate (r) Number of periods (nper) Future value 800,000 7.00% 12 $6,354,149.04 try again You are scheduled to receive $9000 in 3 years. When you receive it, you will invest it for 12 years at a rate of 5.50%. How much will you have at the end of 15 years? Present value Discount rate (r) Number of periods (nper) Future value $ 9,000.00 5.50% 15 $90,338.23 try again Your family purchased a home in Aspen, CO in 2018 for the price of $800000. You expect to inherit the residence in 2030. During the period in which your family owned the residence, the value increased at an annual rate of 7.00%. How much will the residence be worth when you inherit the home in 2030? Present value Discount rate (r) Number of periods (nper) Future value 800,000 7.00% 12 $6,354,149.04 try again