In 5 years, we need $25,000. How much do we deposit today if the annual interest rate is 8%, compounded monthly?
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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 annuityHow much must be invested now to receive $30,000 for 10 years if the first $30.000 is received one year from now and the rate is 8%?If you need 6,000 5 years from now, how much of a deposit must you make in your savings account each year, assuming an 8 percent annual interest rate?
- If you deposit $5,000 4 years from today, how much will you be able to withdraw 10 years from today if interest is 8.5% per year compounded annually?With an interest rate of 14.5% compounded annually, how much will be required in 10 years to repay a $12,000 loan received today?Answer? ? General Accounting
- Suppose your opportunity cost (interest rate/year) is 11% compounded annually. How much must you deposit in an account today if you want to pay yourself $230 at the end of each of the next 15 years? How much must you deposit if you want to pay yourself $230 at the beginning of each of the next 15 years?how much would you have to deposite if you wanted to have $49000 in five years?annual interest rate is 8%Suppose you want to have 800000 for retirement in 35 years. Your account earns 5% interest. hoe much would you need to deposit each month? how much interest will you earn?
- How much do you have to invest today in a savings account that returns 6.5% interest, compunded annually, to get $25,300 at the end of 10 years?Suppose you invest $3,500 today, compounded monthly, with an annual interest rate of 8.50%. What amount of interest will you earn in one year?How much should you pay today for a 10 year annuity that will provide annual payments of $10,000? Assume an interest rate of 4%. PLEASE BREAK IT DOWN