The future value of $250 today earning 8% for five years is: a. $290 b. $350 c. $367 d. $450
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- How much would you invest today in order to receive $30,000 in each of the following (for further Instructions on present value In Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at 15% D. 19 years at 18%Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent. $11,000 for 7 months; money earns 5% A. $10,688.26 B. $10,731.71 C. $311.74 D. $10,476.19If $500 is placed in an account that earns a nominal 6 percent, compounded quarterly, what will it be worth in 10 years? a. $907 b. $117.48 c. $1,045 d. $980 e. $1,020
- What will be the future value of $5 000 invested for six years at 8% per annum compounded annually? Select one: a. $7 543.46 b. $7 923.37 c. $7 934.37 d. $6 532.81What is the future value of $2,000 invested at the beginning of each year for six years at 4%? a. $13,796.59 Ob.$13,286.11 C. $14,426.67 Od. $14,020.33What is the present value (PV) of $40, 000 received ten years from now; assuming the interest rate is 5% per yeal? A. $20,873 B. $42,974 C. S24, 557 D. $26,000
- A perpetuity of $5,000 per year beginning today, offers a 10% return. What is its present value? A. $33,333.33 B. $55,000.00 C. $38,333.33 O D. $65,217.39What is the present value (PV) of $70,000 received six years from now, assuming the interest rate is 5% per year? O A. $45,500 O B. $52,235 OC. $91,411 D. $44,400If you invest $40,000 at 4% interest compounded annualy, approximately how much money will be in the account at the end of 6 years? O a. $49,648 O b. $46,868 O c. $55,527 O d. $50,612 e. $60,366
- What is the present value of $14,000 to be received in one year if the interest rate is 8% p.a.? a. $6000 b. $15120 c. $12963 d. $22000Step by step instructions please What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000 b. $5000 c. $11660 d. $10377What is the future value (FV) of $60,000 in five years, assuming the interest rate is 5% per year? A. $39,000 B. $65,090 C. $76,577 D. $68,919