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If you invest $2,000 for 4 years at a simple interest rate of 8%, how much interest will you earn?

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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityUse the tables in Appendix B to answer the following questions. A. If you would like to accumulate $4,200 over the next 6 years when the interest rate is 8%, how much do you need to deposit in the account? B. If you place $8,700 in a savings account, how much will you have at the end of 12 years with an interest rate of 8%? C. You invest $2,000 per year, at the end of the year, for 20 years at 10% interest. How much will you have at the end of 20 years? D. You win the lottery and can either receive $500,000 as a lump sum or $60,000 per year for 20 years. Assuming you can earn 3% interest, which do you recommend and why?Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $2,500 over the next 4 years when the interest rate is 15%, how much do you need to deposit in the account? B. If you place $6,200 in a savings account, how much will you have at the end of 7 years with a 12% interest rate? C. You invest $8,000 per year for 10 years at 12% interest, how much will you have at the end of 10 years? D. You win the lottery and can either receive $750,000 as a lump sum or $50,000 per year for 20 years. Assuming you can earn 8% interest, which do you recommend and why?
- If you invest $2,000 for 4 years at a simple interest rate of 8%, how much interest will you earn? RxplIf you invest $1,000 at an annual interest rate of 5% for 2 years, how much will you have at the end of the period with simple interest? Need help!If you invest $1,000 at an annual interest rate of 5% for 2 years, how much will you have at the end of the period with simple interest?
- If you invest $1,000 today at an annual interest rate of 5% for 3 years, what will the future value be?If you invest $1,000 at an annual interest rate of 5% for 2 years, how much will you have at the end of the period with simple interest? ExplIf you deposit $5000 into an account, how many years will it take for the account to be worth $9350 using 8.25% simple interest rate?
- If you invest $1,000 today at an annual interest rate of 5% for 3 years, what will the future value be? Need helpSuppose you invest in an annuity that pays 5% interest, compounded semiannually. How much will you need to invest, semiannually, to reach a savings goal of $500,000 at the end of 25 years?You will receive a cash payment of $6.4 in 4 years. If the relevant interest rate is 16.4%, how much is it worth today? Answer:



