Sam wants to have $160,000 in four years from now. She found an investment, earning 6% per year, compounded monthly. How much would she have to invest today to achieve her goal? O $120,890 O $141,678 O $133,807 O $149,549 O $125,936

Q: QUESTION 3 A woman has 5445,000 invested in two rental properties One yields an annual return of 10%…

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A: Present value refers to the value present today of the future stream of payments based on the…

Q: Melanie will invest $7,000 per year for the next 32 years. At a rate of 8% per year, how much money…

A: Annual investment = $7,000Interest rate = 8%Number of years = 32 years

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A: The concept of money's time value reveals that any sum of money is worth more today than what the…

Q: Jane has $6000 invested at 7% and 8%. How many dollars would she have to invest at 8% so that her…

A: Here we will have to determine how much money has been invested in each so that total interest is…

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A: Present value is the amount that you deposit today to reccive desire amount in future. The present…

Q: If you put $10,000 into an investment to fund your child's college education in 18 years, how much…

A: Initial investment = $10,000 Period = 18 years Interest rate = 0.1024  Accumulated amount = ?

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Q: Explain why a firm may cross-list its shares.

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A: The concept of time value of money will be used here. As per the concept of time value of money the…

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A: Time value of money concept says that a dollar amount invested today will have more value in future…

Q: 10. Nabil is considering buying a house while he is at university. The house costs $200 000 today.…

A: Given, Outflow = $ 200000   Infows =  $2000 per month for 5 years (60 months) $ 210000 at the end…

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A: Time value of money states that a dollar is worth more today than sometimes later. This is because…

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A: The desired profit depends on the contribution margin and fixed cost and number of units sold by the…

Q: 2. If you invest P25,000 at 8% interest compounded annually, approximately how much money will be in…

A: The future value is the compounded value of an amount of deposit. The future value is calculated…

Q: uppose you want to begin a college fund for your newborn child. You hope to accumulate $45,000 by 20…

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Q: How much do you need to invest today to receive $7,500 in 8 years, if you can earn 3% on your…

A: INFORMATION: RATE 3% YEARS 8 PMT (MONTHLY DEPOSIT) 0 FUTURE VALUE $7,500

Q: s. Use Table 11-2 to calculate how much she should invest now (in $) at 6% interest, compounded…

A: Given FV = 13,000 N = 10 years annually or 20 years semi annually r=6% annually or 3% semi annually…

Q: 1) Penny wants to h pay 0.18 percent in each deposit have to n 1%

A:

Q: JAX, Inc. has been offered the opportunity of investing $177,604 now. The investment will earn 7%…

A: The present value is the amount of investment made by the company or individual in the current time,…

Q: I wish to have $2,000,000 when I retire in 30 years time. What is the monthly contribution I need to…

A: By rearranging the FV of ordinary annuity formula, we can determine the monthly payment. The formula…

Q: ounded quar

A: Given: To find the amount how much she needs as,

Q: Inez wants to have $16,250 in 4 years. Use the present value formula to calculate how much Inez…

A: Present value formula. PV = FV(1+r)n where , PV = Present value  FV = future value r = interest rate…

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A: Interest per year can be calculated as: = Principal * Rate * Time

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A: The first step is to calculate the amount of the down payment. This is done by multiplying the cost…

Q: please explain your answer....

A: The objective of this question is to find out how much John needs to invest now in order to have…

Q: You want to build a house in 12 years. You estimate that the total cost will be $350,000. If you can…

A: The required rate of return is the rate at which the investment should grow to meet the desired…

Q: he Weidmans want to save $45,000 in 3 years for a down payment on a house. If they make monthly…

A: Monthly payments that are required to meet the goal are periodic deposits made in view of reaching a…

Q: month into a fund that earns interest at 4.50% compounded m a. How many deposits does she need to…

A: Future value of annuity includes the amount being deposited and compounding interest accumulated…

Q: Mr. and Mrs. Davis needs to have $100,000 to start their own catering business in 15 years.  They…

A: Future value (FV) of the savings should be $100000.Number of years ( n ) of savings/investment is 15…

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A: Future value is computed by following formula:-FV = A*(1+r)nwhereFV = future valueA = amount…

Q: You need $6,000 to buy new furniture. If you have $1,000 invest today at 8% compounded annually, how…

A: In this question we need to compute the number of years i.e. time period.This question is based on…

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A: FORMULA FOR MONTHLY PAYMENT: PMT = P×rm1-1+rm-m×n p = principal r= rate of interest m = frequency of…

Q: Three years ago, Julianne invested $7,580.00. She has earned and will earn compound interest of 2.00…

A: JulianneTeresaAmount invested by Julianne$7,580.00Interest rate2%13.11%Number of years84EarnCompound…

Q: Sonia wants to have $13,000 in 8 years. Use Table 11-2 to calculate how much she should invest now…

A:

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A: Compound Interest The interest that can be earned above interest is known as compound interest. The…