You plan to invest $10K every year for 18 years. You also plan to make 4 equal withdrawals in years 17, 18, 19, and 20. How large can your annual withdrawals be if the interest rate is 6%?"


An investment will generate $100 per month for 10 months starting 3 months from now. What is the value of the investment today if the interest rate is 5%?

An investment will generate 10 payments of $100 once in every 3 quarters starting 3 quarters from now. What is the value of the investment today if the interest rate is 5% compounded quarterly?


"Consider a loan requiring you to pay $1,000 per quarter for 12 quarters. The bank's quoted APR is 12% compounded monthly. What is the interest rate that should be used in the present value calculation?"


An investment will generate $100 per month for 15 months starting today. What is the value of the investment today if the interest rate is 5%?


You currently have $50K in your account and expect to make additional $1,000 contributions to your account every year for 12 years followed by 1 additional payment of $2,000 in year 13. How much money will you have in your account at the end of year 13 if the interest rate is 6%?"

Answer rating: 100% (QA)

To solve the given financial problems we will use various formulas and calculations Lets go through each question step by step How large can your annu... View the full answer