You are scheduled to receive $43,000 in two years. When you receive it, you will invest it for 9 more years at 5.5 percent per year. How much will you have in 11 years?
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityHow much must be invested now to receive $50,000 for 8 years if the first $50,000 is received in one year and the rate is 10%?You are scheduled to receive $27,000 in two years. When you receive it, you will invest it for 7 more years at 5 percent per year. How much will you have in 9 years?
- You are scheduled to receive $5,000 in two years. When you receive it, you will invest it at 6.5 percent per year. How much will your investment be worth eight years from now? Can the excel and calculator solutions be provided?You will receive $5,000 in six years. When you receive it, you will invest it for 7 more years at an annual rate of 5%. How much money will you have 13 years from now?You will receive $15000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5 percent. How much money will you have 8 years from now?
- You are scheduled to receive Rs. 13,000 in two years. When you receive it, you will invest it for six more years at 8 percent per year. How much will you have in eight years?You are going to receive $50 at the end of each year for the next 6 years. If you invest each of those amounts at 8%, then what amount of money will you have at the end of th the 6 year?Find the future value of AED 10,000 per month (at the beginning of the month) for six years at 10 percent. At the end of 6 years you take the proceeds and invest them for 9 years at 12 percent. How much will you have after 15 years?