79247/quizzes/4320095/take ber of Attempt: 1 Question 1 5 pts If you invest $1,200 for 40 years at an 8% rate of return, you will have accumulated: (Keep 2 decimal places) 21.72 D Question 2 5 pts If you invest $10,000 per year at the end of each year for 3 years at an 8.9% rate of return, you will have accumulated: (Keep 2 decimal places)
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- If you invest $12,000 today, how much will you have in (for further Instructions on future value in Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at l5% D. 19 years at 18%How much would you invest today in order to receive $30,000 in each of the following (for further Instructions on present value In Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at 15% D. 19 years at 18%If you deposit $2 comma 7002,700 today into an account earning an annual rate of return of 1313 percent, what will your account be worth in 4040 years (assuming no further deposits)? In 5050 years? Question content area bottom Part 1 Click on the table icon to view the FVIF table: LOADING... . In 4040 years, your account will be worth $enter your response here. (Round to the nearest cent.)
- Suppose that you are planning to buy a boat in in 28 years [cell B3] for $100,000 [cell B2], and you deposit into your account the amount of $26,000 CAD [cell B1]. (a) What average annually compounding rate of return (as a percentage, correct to 2 decimals) should you earn so you can accumulate the lump sum needed to achieve your goal [cell B5]? Use the RATE function.(Note: You might have to modify the format of cell B5 so that it shows 2 decimals.) (b) What is the correct formula (using 18 characters or less) that should be placed in cell B5?Note: There are to be NO numbers in the function call (apart from a 0 if appropriate), only cell references, or negative cell references where appropriate. In excel pls.A4a. Find the FV of $1,000 invested to earn 10% after 5 years. Round your answer to the nearest cent. $ b. What is the investment's FV at rates of 0%, 4%, and 25% after 0 , 1, 2, 3, 4, and 5 years? Round your answers to the nearest cent. Year 0 1 2 3 4 5 $ $ $ $ $ $ 0% $ $ $ $ $ $ Interest Rate 4% $ $ $ $ $ $ 25%
- Select the best answer for the question. 20. You want to invest money for three years in an account that pays nine-percent interest annually. How much would you need to invest today to reach a future goal of $12,000? (Round your answer to the nearest dollar.) A. $10,984 OB. $10,100 OC. $11,432 OD. $9,266You just invested $49,000 that you received as an insurance settlement. How much more will this account be worth in 40 years if you earn an average return of 7.6 percent rather than 7.1 percent? (Assume annual compounding) O $59,818.92 O $98,509.16 O $140,423.33 O $155,986.70 A Moving to another question will save this response. &R Question 6 of 25>» 7:44 PM rch 4/4/2022 X1 Carbon F3 F4 E5 F6 F7 F8 F9 F10 F11 F12 Home End Insert Delete & 3 Backspace E T PI D F G J KL B N MHow much will $30,000 grow to in three years, assuming an interest rate of 11% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole doller. (EV S3 EVot$3 EVA of 31 and EXA.L.53 Multiple Choice $41029 $51,936 $71,029 $39,900
- What is the most you would be willing to pay for an annuity that provides you with $13,700 at the end of each year for 3 years? Assume that similarly risky opportunities are offering you a return of 5.5% upon investment. $25,294.58 $38,994.58 $43360.50 $36,961.69 $48,020.56My answer keeps having an x for incorrect what is the correct answerSuppose you wish to have $17,250 in 5 years. Use the present value formula to find how much you should invest now at 5% interest, compounded semiannually in order to have $17,250, 5 years from now. Then calculate the amount of interest. O $3,774.33 $4,312.50 $12,937.50 $13,475.67