Future Value At age 30 you invest $2,300 that earns 6.75 percent each year At age 35 you invest $2,300 that earns 9.75 percent per year which case would you have more money at age 60

Q: How much would1,000,000 due in 100 years with worth today if the discount rate is 20%?

A: Present Value is the current value of the future sum of money at the specific rate of return.

Q: You want to save $800 a month for the next 30 years and hope to earn an average rate of return of 12…

A: The equal series of payment will be annuity. To compute the money after certain point of time in…

Q: 0 years at an 6.9% rate of return you'll have accumulated? keep 2 d

A: To know the accumulated amount, future value of the investment amount or principal amount is to be…

Q: Growing Annuity You are looking to retire in 30 years and want to have $2.2 million saved for…

A: There is need of planning for retirement that should be based on the needs and our ability to pay…

Q: Assume you can earn 9% per year on your investments. a. If you invest $10,000 for retirement at age…

A: A current asset's future value which is based on an estimated rate of growth is its value at a later…

Q: You want to have $2 million in real dollars in an account when you retire in 30 years. The nominal…

A: Future value = fv = $2 million Time = t = 30 years Nominal rate = 11% Inflation rate = 5.5%

Q: YYou expect your retirement fund to be able to afford $40,000 a year, adjusted for 3% annual growth…

A: Payment = p = $40,000Growth Rate = g = 3%Time = t = 20Rate of Return = r = 10%

Q: pproximately how many times will a $50,000 investment, earning 5.54% interest, double from age 25 to…

A: The future value of amount includes the amount being deposited and amount of compounding interest…

Q: You are targeting a retirement portfolio value of $2,500,000 in 20 years. You plan to make annual…

A: Using excel PMT function

Q: Your insurance agent is trying to sell you an annuity that costs $80,000 today. By buying this…

A: Present value is an estimate of the present value of future cash values ​​that may be received at a…

Q: If you are promised $50,000 six years from now, the present worth at a real rate of return of 4% per…

A: The current value of the cash flow or stream of cash flow after discounting is termed as the present…

Q: You have the choice of receiving $100,000 now or $43,000 now and another $70,000 three years from…

A: Present value refers to the current value of a future sum of money or cash flow, discounted at a…

Q: Compute how much money you would need to invest each year in the future for u+ 20 years in order to…

A: Solution:- When an equal amount is invested each period, it is known as annuity. We know, future…

Q: You have $5000 you want to invest for the next 45 years. You are offered an investment plan that…

A: In this question, we are required to determine the future value after 45 years.

Q: Assume you can earn 9.5% per year on your investments. a. If you invest $200,000 for retirement at…

A: Annual interest rate = 9.5%

Q: You would like to start saving for retirement. Assuming you are now 25 years old and you want to…

A: Accumulated investment refers to the value of a present asset at some future date affected by…

Q: Suppose you want to have S0.5 million saved by the time you reach age 30, and suppose you are 20…

A: Future value of the investment (FV) = $500000 Number of years of investment (n) = 10 Rate of…

Q: If you invest $10,000 today at 4% how much money will you have in ten years?

A: We need to calculate the future value from the following details: Present value (invest today) =…

Q: What is the most you would be willing to pay for an annuity that provides you with $13,700 at the…

A: Here,Annuity Received  (PMT) is $13,700Interest Rate (r) is 5.5%Time Period (n) is 3 years

Q: Future Value At age 30 you invest $3,100 that earns 8.75 percent each year. At age 35 you invest…

A: Future value refers to the anticipated value of an investment or asset at a future point in time,…

Q: Future Value. How much will you have in 24 months if you invest $71 a month at 6% annual interest?

A: This question require us to calculate the Future Value using financial calculator from the following…

Q: What is the present value of receiving $1,950 a year for 30 years if you expect a rate of return of…

A: Present value (PV) is the current value of a future sum of money or stream of cash flows given a…

Q: If you save $200 a month from age of 30 to 40, then stop saving for five year, then star saving…

A: Future value is a financial concept that represents the projected worth of a sum of money at a…

Q: If you invest $10,000 today at 4% how much money will you have in five years?

A: Details given are : Present value (invest today) = $10000 Interest rate = 4% Time period = 5 years…

Q: You are saving for retirement. You hope to haye $1,000,000 accumulated in 35 years, making equally-…

A: It can be calculated using PMT(rate, nper, pv, [fv], [type])   Rate The interest rate for the loan.…

Q: ime value of money   Your favorite uncle has offered you the choice of the following options. He…

A: Present value means the actual amount is adjusted with the interest rate so as to get the present…

Q: Suppose you plan to have $70,000 in 20 years from now and you can invest your savings at 9%…

A: Future value of amount includes the amount that is being deposited over the period of time and…

Q: How much do you need to invest today if you will also invest $2,700 at the end of every year for 39…

A: Accumulated amount (AV) = $1,000,000 Rate of return (r) = 0.065 Annual deposit (D) = $2,700 Period…

Q: How much time will it take you to accumulate $500,000, assuming you invest $15,000 today and $150 /…

A: The time value of money concept states that the value of a certain amount of money on the future…

Q: Five years ago, you invested 8,050.77.  If you earned a compound annual rate of return of 3.50%, how…

A: This is a typical time value of money (TVM) concept based question. For an initial investment, the…

Q: Present Value of a Single Amount What is the amount you should invest today to have $86,250 in 15…

A: The present worth denotes the current worth of the future stream of expected cash flows.

Q: You plan to buy some undeveloped land that should sell for $285,000 in seven years. What is the most…

A: In this question we need to calculate the most you can pay for the undeveloped land which has future…

Q: Using the previous table, enter the correct factor for three periods at 5%: Future value x Factor =…

A: Solution We know Present value    = future value * discounting factor 5% is the discounting rate in…

Q: Suppose you have just started 21st year of your life, you plan to retire at the end of age 65, and…

A: Here, Earning Per year is $50,000 Savings is 10% of Income Working Year is 45 years Retirement years…

Q: Compute how much money you need to invest each month in order to be able to have enough money at…

A: Given that, Interest rate = 6.22% Time period = 40 years U = 12 No. of months = u +28 Find: Amount…

Q: Consider making an investment of $10,000 each year. If the first $10,000 investment is made at the…

A: Future value refers to an amount of a current asset at some future date effected by interest rates,…

Q: None

A: Step 1:We have to calculate the accumulated investment amount after 30 years.We will use the FV…