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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- Suppose 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; $49,345.10What is the future value of an investment if you deposit $100 annually for 5 years at an interest rate of 10%? 615.5 612.2 605.8 610.5With a 0.07 interest rate, approximately how much money must be invested today in order to withdraw $ 9,827 per year at the end of each year for 11 years? Will upvote thankyou :)
- (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. $22000
- Answer? ? General AccountingWhat amount needs to be invested todayIf $16800 is deposited in a savings account today, what amount will be available three years from today? The following future value interest factors are provided: Periods Future Value of 1 at 12% 1 2 3 5 1.120 1.254 1.405 1.574 1.762 O ($16800 x 1.120) + ($16800 x 1.254) + ($16800 x 1.405) O $16800+ 1.405 $16800 x 1.405 O $16800 × 1.120 x 3