Problem 9-5 (Algo) Future value [LO9-2] If you invest $15,250 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 7 years at 9 percent? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value b. In 18 years at 7 percent? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value c. In 18 years at 10 percent? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value d. In 20 years at 10 percent (compounded semiannually)? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value

Problem 9-5 (Algo) Future value [LO9-2] If you invest $15,250 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 7 years at 9 percent? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value b. In 18 years at 7 percent? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value c. In 18 years at 10 percent? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value d. In 20 years at 10 percent (compounded semiannually)? Note: Do not round Intermediate calculations. Round your final answer to 2 decimal places. Future value

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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Using the Rule of 72, approximately how many years are needed to double a $100 investment when interest rates are 5.25 percent per year? (Round your answer to 2 declmal places.) Period years < Prev o of 10 e here to search Eゴ ( F4 F5 F7 F10 F11 F12 76 #
Problem 1: You can choose between two different investments: (A) an annuity that pays $10,000 each year for the next 6 years; (B) a perpetuity that pays $10,000 forever, starting 11 years from now. 1. Which investment do you choose, A or B, if the interest rate is 5%? What if it is 10%? Explain in words the reason behind your choices.
Select the best answer for the question. 20. You want to invest money for three years in an account that pays nine-percent interest annually. How much would you need to invest today to reach a future goal of $12,000? (Round your answer to the nearest dollar.) A. $10,984 OB. $10,100 OC. $11,432 OD. $9,266
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
ou have discovered an investment opportunity that earns a 3% rate of interest compounded semiannually. What amount should you deposit today to have $7000 in three years? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary calculations, and round your final answer to the nearest dollar.) $6400 $6370 $6406 $6402
217. Subject : - Finance
Question 3 You are considering to invest in a savings plan. The plan offers a rate of return of 8 percent per year. The plan requires youto save RM1,500, RM1,250, and RM6,400 at the end of each year for the next three years, respectively, how much do you need to savetoday?Select one:A. RM11.623B. RM7 203C. RM8,449D. RM7.541
13. DETAILS How much should be invested each year for 10 years to provide you with $3000 per year for the next 15 years? Assume a 5.2% interest rate. (Round your final answer to two decimal places) ROLFFMB 5.4.040. Submit Answer MY NOT
Ineed to answerthese questions can you help me out, Questions4,5 4- What is the current value of the following payment sets? A set with a base payment of $ 2000 in the first year, with a 5% annual increase to 10 years and an interest rate of 12% 5- How many years would it take for an investor to increase an initial investment of $3000 to $6939 if i) that investment were compounded annual at 15% per annum? (answer=6 years) ii) an investorto increase an initial investment of $1000 to $7400 if that investmentwere compounded annual at 10% per annum? an investorto increase an initial investment of $5000 to $302100 if i) that investment were compounded annual at 6% per annum? an investorto increase an initial investment of $200 to $2824 if iv) that investment were compounded annual at 12.2% per annum?
Pleasev don't provide handwritten solution .....
4. If you receive $116 each month for 28 years and the discount rate is 0.08, what is the present value? (show the process and can use financial calculator)
I need the answer as soon as possible

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