What amount needs to be invested today to have $75,000 at the end of one year if the interest rate is 10%? A) $65,217.39 B) $68,181.82 C) $70,500.00 D) $82,500.00
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- please help with this Q6) What is the future value (FV) of $20,000 in four years, assuming the interest rate is 4% per year? A) $15,208.16 B) $19,887.59 C) $23,397.17 D) $25,736.89Suppose you are going to invest $11,000 per year for six years. The appropriate interest rate is 9 percent. What is the future value if the payments are made on the last day of the year? What if the payments are made on the first day of the year? a) $82,756.68; $90,204.78 b) $90,204.78; $82,756.68 c) $49,345.10; $53,786.16 d) $53,786.16; $49,345.10
- How much will $200,000 deposited in an investment account earning an annual interest rate of 8½% be worth one year from today?What is the future value of an investment if you deposit $100 annually for 5 years at an interest rate of 10%? 615.5 612.2 605.8 610.5(Solving for i) At what annual interest rate, compounded annually, would $520 have to be invested for it to grow to $1,925.13 in11 years?
- An investment opportunity promises to pay $5,500.00 per year forever starting ten years from today. Assuming the interest rate of 7%, what should I pay today for this investment? $47,737.65 $58,194.98 $42,956.71 $30,111.39What 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. $22000What amount needs to be invested today