MC algo 5-11 Calculating Future Values You are going to deposit $19,000 today. You will earn an annual rate of 3.3 percent for 11 years, and then earn an annual rate of 2.7 percent for 14 years. How much will you have in your account in 25 years? Multiple Choice $42,782.05 $36,402.57 $39,431.50 $27,155.46 $36,984.07

MC algo 5-11 Calculating Future Values You are going to deposit $19,000 today. You will earn an annual rate of 3.3 percent for 11 years, and then earn an annual rate of 2.7 percent for 14 years. How much will you have in your account in 25 years? Multiple Choice $42,782.05 $36,402.57 $39,431.50 $27,155.46 $36,984.07

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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MC algo 5-11 Calculating Future Values

You are going to deposit $19,000 today. You will earn an annual rate of 3.3 percent for 11 years, and then earn an annual rate of 2.7 percent for 14 years. How much will you have in your account in 25 years?

Multiple Choice

$42,782.05
$36,402.57
$39,431.50
$27,155.46
$36,984.07

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MC algo 5-17 Calculating Present Values You want to have $77,000 in 18 years to help your child attend college. If you can earn an annual interest rate of 3.3 percent, how much will you have to deposit today? Multiple Choice $42,922.49 O $37,357.48 $41,551.30 $39,349.42 $24716 07
QUESTION 5 Katharine Bartle will receive an annuity of $4,090.00 every month for 23 years. How much is this cash flow worth to them today if the payments begin today? Assume a discount rate of 5.00%. Oa. $55,398.13 b. $2,119,880.47 c. $672,837.73 Od. $170,156.69
QUESTION 8 Every year for 10 years starting year 2, you deposit $2000 in a savings account that earns 7% yearly. What is the present value of this series? 36,436.26 O 7,023.58 O 70,893.54 O 13,128.19
MC algo 5-9 Calculating Future Values Retirement Investment Advisors Incorporated, has just offered you an annual interest rate of 4.1 percent until you retire in 45 years. You believe that interest rates will increase over the next year and you would be offered 4.7 percent per year one year from today. If you plan to deposit $11,500 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit? Multiple Choice $21,849.41 $15,052.44 $3,296.69 $16,624.04 $23,019.70
Intro You decided to save $1,400 every year, starting one year from now, in a savings account that pays an annual interest rate of 5%. Part 1 74440 How many years will it take until you have $100,000 in the account? 1+ decimals Submit
QUESTION 7 You expect to receive $1,000 at the end of each of the next 3 years. You will deposit these payments into an account which pays 10 percent compounded annually. What is the future value of these payments, that is, the value at the end of the third year? O $3,000.00 O $3,310.00 O $3,318.01 O $3,400.96 16 O $3,438.27
Q. You invest $475 in an account that pays 3% simple interest annually. How much money do you have after five years? answer choices $546.24 $544.46 $543.25 $546.25
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