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- 3) equal deposits. The first deposit is made right now, the second, one year from now, and the third, two years from now. The fund pays 5% per year compounded annually. How much should you deposit each time? You would like to accumulate $25,000 in 3 years for a remodeling project. You plan to make 3What is the future value of an investment of $1,000 paid every year for five (5) years when the funds are invested at the end of the year at a rate of 5.0%? Please provide the proper key strokes for the BA2Plus and the Qualifier Plus IIIfx please. Thank you!Find the future value if $7000 is invested for 6 years at 11% compounded annually. (Round your answer to the nearest cent.) $ Need Help? DETAILS MY NOTES What is the future value if $8200 is invested for 15 years at 10% compounded semiannually? (Round your answer to the nearest cent.) Need Help? Read It ASK W
- If you invest $10,000 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods. In 50 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)Need answer pleaseYou need $25,356 at the end of 9 years, and your only investment outlet is an 9 percent long-term certificate of deposit (compounded annually). With the certificate of deposit, you make an initial investment at the beginning of the first year. Use Appendix B and Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. What single payment could be made at the beginning of the first year to achieve this objective? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) b. What amount could you pay at the end of each year annually for 9 years to achieve this same objective? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
- You intend to endow a scholarship that pays $5,000 every 6 months, starting 6 months from now. If the appropriate discount rate is 3% per 6-month period, how much money will you have to donate ← today to endow the scholarship? You will need to donate $ (Round to the nearest dollar.) CITThe future value of lump-sum investment of $3,200 in four years that earns 3 percent. Round your answer to the nearest dollar. (Hint: Use Appendix A-1 or the Garman/Forgue companion website.) Round Future Value of a Single Amount in intermediate calculations to four decimal places. $ The future value of $1,600 saved each year for three years that earns 4 percent. Round your answer to the nearest dollar. (Hint: Use Appendix A-3 or the Garman/Forgue companion website.) Round Future Value of Series of Equal Amounts in intermediate calculations to four decimal places. $ A person who invests $1,800 each year finds one choice that is expected to pay 4 percent per year and another choice that may pay 7 percent. What is the difference in return if the investment is made for four years? Round your answer to the nearest dollar. (Hint: Use Appendix A-3 or the Garman/Forgue companion website.) Round Future Value of Series of Equal Amounts in intermediate calculations to four decimal…None
- If you invest $9,400 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. In 12 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) In 25 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)If you invest $15,000 today, how much will you have in each of the following instances? Use Appendix A as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. In 6 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) b. In 17 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) c. In 15 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) d. In 14 years at 8 percent (compounded semiannually)? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)Please help me with this question :) A detailed answer will be much appreciated.
