What is the value at the end of the 16th year of $80,000 that is invested at the beginning of the 5th draw a time line!) year? (Be careful of the number of periods

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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How do i solve these questions with formulas? The interest rate for the second one is 12%

What is the value at the end of the 16th year of $80,000 that is invested at the beginning of the 5th
year? (Be careful of the number of periods draw a time line!)
A retirement annuity of 30 annual payments (each payment is $50,000) begins 20 years from today.
The value of that annuity 20 years from today is
The value of that
The value of that annuity today is
annuity 19 years from today is
Transcribed Image Text:What is the value at the end of the 16th year of $80,000 that is invested at the beginning of the 5th year? (Be careful of the number of periods draw a time line!) A retirement annuity of 30 annual payments (each payment is $50,000) begins 20 years from today. The value of that annuity 20 years from today is The value of that The value of that annuity today is annuity 19 years from today is
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