1 years ago, Ronaldo had $141,000.00 in his account. In 5 years, he expects to have $409,000.00. If he has earned and expects to earn the same return each year from 1 years ago to 5 years from today, then how much does he expect to have in 1 year? O $168,384.90 (plus or minus 10 dollars) O $201,088.47 (plus or minus 10 dollars) O $267,129.36 (plus or minus 10 dollars) O $164,169.00 (plus or minus 10 dollars) O none of the answers are within 10 dollars of the correct answer

1 years ago, Ronaldo had $141,000.00 in his account. In 5 years, he expects to have $409,000.00. If he has earned and expects to earn the same return each year from 1 years ago to 5 years from today, then how much does he expect to have in 1 year? O $168,384.90 (plus or minus 10 dollars) O $201,088.47 (plus or minus 10 dollars) O $267,129.36 (plus or minus 10 dollars) O $164,169.00 (plus or minus 10 dollars) O none of the answers are within 10 dollars of the correct answer

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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(b) Rahmat plans to withdraw his money RM 3,090 each year for five years, beginning at the 14th year. To keep his plan successful, he saves the money with the same amount each year. (1) Draw a cash flow to represent the flow of saving and withdrawing of the money. Calculate how much money should he deposits each year for 12 years, starting from the first year. Assume the interest is 8% per year.
Ishan plans to retire at age 40 with a decent lifestyle. He assumes that he can safely earn a real return of 4% annually on his money and that he would need $4000 a month to last until he turned 90. How much money would he need to have accumulated at age 40 (to the nearest thousand) if he were going to retire and no longer earn any money? $1 500 000 $1 050 000 $2 980 000 $ 2 400 000
Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: • The bank owes Sam $100 per year forever. The 1st payment is due in 1 year. • The bank will borrow or lend money to Sam at a constant effective rate of i per year. Today, Sam calculated the present value of the payments that are due to him as X. Sam can receive his first 16 payments at the end of year 16 in a lump sum. If he does that, then the total value of the lump sum and future payments at the end of the sixteenth year is X + 2,000. Calculate X. A B с D E 3,330 3,350 3,400 3,450 3,500
Michael has a bank account that is worth $80,550. (a) Find the overall ROR if he had deposited $50,000 five years ago and left it undisturbed until now ? (b) Find the real ROR If the inflation over that period was 4% per year ? (c) What is the buying power of his money now compared to the buying power 5 years ago ?
Your great-uncle Claude is 82 years old. Over the years, he has accumulated savings of $180,000. He estimates that he will live another 18 years at the most and wants to spend his savings by then. (If he lives longer than that, he figures you will be happy to take care of him.) Uncle Claude places his $180,000 into an account earning 9 percent annually and sets it up in such a way that he will be making 18 equal annual withdrawals—the first one occurring one year from now—such that his account balance will be zero at the end of 18 years. How much will he be able to withdraw each year?
Your uncle Mohammed is celebrating his 33th birthday today and wants to start saving for his retirement at the age of 63. He wants to be able to withdraw AED 100,000 from his saving account on each birthday for 20 years following his retirement. The first withdraw will be on his 64th birthday. Your uncle intends to invest his money in a local bank in Abu Dhabi that offers 7% interest rate per year. He wants to make equal payments on each birthday into the account established in the local bank for his retirement fund. If your uncle starts making these deposits on his 33th birthday and continues to make deposits until he is 63, what amount must he deposit annually to be able to make the desired withdrawals at retirement?
Baghiben
Caroline wants to invest $1300 in an account that earns 2.65% compounded daily. She wants to have a balance of $5000 in the future. How long should she let her money stay in the account for? 48 years 49 years 50 years 51 years
Please answer quickly and correctly
You plan to start your own business and are investing today to grow some seed money. You have $15571 to invest and aim to have $29610 in 7 years. What interest rate must you earn to meet your goal? Include 2 decimal places. Answer:
Your uncle Claude is 70 years old. Over the years, he has accumulated savings of $300,000. He estimates that he will live another 10 years at the most and wants to spend his savings by then. Uncle Claude places his $300,000 into an account earning 6% annually and sets it up in such a way that he will be making 10 equal annual withdrawals. [Indicate which Table you used and show all your work]
Johnny expects to save the following amounts: Year 1 = $50k; Year 2 = $28k; Year 3 = $12k. If he can earn an average annual return of 10.5 percent, how much will he have saved in this account exactly 25 years from the time of the first deposit? Group of answer choices 1172k 806k 947k 935k 1034k

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