How much will be in your account after five years

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Q1. If you deposit $10,000 in a bank account that pays 10% interest annoually, how much will be in your account after 5 years?

Q2. What is the present value of a security that will pay $5000 in 20 years if securities of equal risk pay 7% annually?

Q3. Your parents will retire in 18 years, they currently have 250000$ and they think they will need 1000000$ at retirement what annual interest rate must they earn to reach their goal, assuming they don't save ant additional funds?

Q4. If you deposit money today in an account that pays 6.5% annual interest how long will it take to double your money?

Q5. You have 42180.53$ in a brokerage account and you plan to deposit an additional $5000 at the end of every future year until your account totals to $250,000. you expect to earn 12% annually on the account how many years will it take to reach your goal?

Q6. What is the future value of 7% five feel ordinary annuity that pays $300 each year if this were an annuity due, what would its future value be?

Q7. An investment will pay $100 at the end of each of the next 3 years, $200 at the end of year 4 and $300 at the end of year 5 and $500 at the end of year 6. if other investments of equal risk earn 8% annually, what is its present value? its future value?

Q8. You want to buy a car and a local bank will lend you $20,000. The loan would be fully amortized over five years(60 months) and The nominal interest rate would be 12% with interest paid monthly what would be the monthly loan payment? what would be the loan's EAR?

Reference no: EM132935953

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