Using Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D, complete the following table. (Round the discount factors to 3 decimal place and final answers to the nearest whole dollar.) Answer is complete but not entirely correct. Annual Deposit Rate of Return Number of Years Investment Value at the End of Time Total Amount of Investment Total Amount of Earnings Period $ 3,000 2% 10 $ 33,506 $ 30,000 $ 3,506 $ 3,000 8% 10 $ $ 3,000 3% 30 $ $ 3,000 9% 30 $ 147,008 445,726 S 46,936 $ 30,000 $ $ 16,936 90,000 $ 57,008 90,000 $ 355,726x
Using Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D, complete the following table. (Round the discount factors to 3 decimal place and final answers to the nearest whole dollar.) Answer is complete but not entirely correct. Annual Deposit Rate of Return Number of Years Investment Value at the End of Time Total Amount of Investment Total Amount of Earnings Period $ 3,000 2% 10 $ 33,506 $ 30,000 $ 3,506 $ 3,000 8% 10 $ $ 3,000 3% 30 $ $ 3,000 9% 30 $ 147,008 445,726 S 46,936 $ 30,000 $ $ 16,936 90,000 $ 57,008 90,000 $ 355,726x
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
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