At a return rate of 20% per year, the amount of money you must deposit for five consecutive years starting 3 years from now for the account to contain $50,000 fifteen Years from now is closest to: Select one: A. 1400 B. 1775 C. 1665 D. 1565

Q: if you invest $10,000 per year at the end of each year for three years at in 6.7% rate of return…

A: Future Value Annuity = PMT×Where:FV - future value of the annuity.PMT - annual payment r - annual…

Q: Use the appropriate formula to find the future value in dollars of $700 deposited at the beginning…

A: The answer is in the explanation section.Explanation:The interest is compounded annually, but the…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Future Value = Present Value x (1 + r)^n

Q: If you deposit ​$2 comma 7002,700 today into an account earning an annual rate of return of 1313…

A: The objective of this question is to calculate the future value of a single deposit of $2,700 at an…

Q: Assume you put $200 per month into a retirement account for 14 years, and the account has an APR of…

A: Present Value  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: Suppose you have $1700 in your savings account at the end of a certain period of time. You invested…

A: Simple interest doesn't take compounding into consideration.

Q: Assume you deposit $1,000 today in an account that pays 8 percent interest (compounded annually).…

A: Given: Present value = $1,000 Years = 4 Interest rate = 8%

Q: Beginning 2 years from today, you deposit $1,500 per year for 18 years (18 deposits); for the…

A: Present value of 18 deposits at the end of Year 1 would present value annuity of $1500 for 18 years…

Q: You want to have $100,000 in your savings account 3 years from now, and you're prepared to make…

A:

Q: If you deposit $3,500 today into an account earnings an annual rate of return of 11 percent, what…

A: Deposit amount (P) = $ 3500 Interest rate (r) = 11% Period (t) = 35 Years

Q: You want to have $51,000 in your savings account 9 years from now, and you're prepared to make equal…

A: Payment per period is the regular payments made or received of an investment, while future value is…

Q: If you invest $4,000 at the end of every year for nine years at an interest rate of 6%, the balance…

A: Future value in case of continues payments  = Each installment × (1+pir) ^n/pir Where  pir =…

Q: If you make an equal deposit at the end of every year to the account for the next 40 ears, what is…

A: Future value required=$8000000Period=n=40 yearsInterest rate=8%

Q: A series of equal cash $50 that is deposited at the end of each month will last for 20 years. How…

A: Annual interest rate compounded monthly = 6%Monthly rate of interest r = 6%/12=0.5%Monthly deposits…

Q: 1. If you deposit $28,688 annually at the end of every year in a bank account paying 5% annually,…

A:

Q: Time value You have $1,500 to invest today at 8% interest compounded annually. a. Find how much you…

A: (c)the interest earned is increasing for the same amount of time.This is because change in starting…

Q: If you deposit $2,000 into an account at the end of each of the next 40 years, at 4.5% interest, how…

A: It can be solved using  In excel FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate for the…

Q: te.4 If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5%…

A: The objective of the question is to calculate the future value of an ordinary annuity. An ordinary…

Q: . If you were to deposit $399.27 into an account today that pays 8% interest annually, with a…

A: Present Value = pv = $399.27Interest Rate = rate = 8%Payment = pmt = $100Time = nper = 5 Years

Q: You would like to save a million dollars by depositing $25,000 at the end of year into an account…

A: The FV of an investment refers to the combined value of the cash flows of the investment at a…

Q: You are investing the following amounts at the end of each of the following three years.  How much…

A: Year 1 Amount (C1) = $2,000 Year 2 Amount (C2) = $4,000 Year 3 Amount (C3) = $6,000 r = Return i.e.…

Q: If you deposit $500 every 6 months for 7 years at an interest rate 20% compounded quarterly, how…

A: The amount at the end of 7 years is the future value of the semiannual deposits.

Q: You deposit $6000 into an account earning 8.8% annual interest, compounded quarterly.  How many…

A: Future Value(FV) worth of amount received today at some future date. FV is computed by compounding…

Q: When you retire, you wish to have $1 million in your retirement account. Currently, you have…

A: Future value is a financial term that refers to the value of an investment or asset at a specific…