What is the present value of a monthly payment

Reference no: EM13298759

A If you were to save $5000 every year for the next ten years, and you could invest at a rate of 12% on average, what would be the total value of your investment in 10 years?

B What is the present value of a monthly payment of $200, for every month, through the next 8 years? Assume that the rate of interest is 6% annually.

C At what rate of interest would you need to invest in order for a savings of $20,000 per year to be worth one million dollars after 25 years?

Reference no: EM13298759

Questions Cloud

Engaging in unethical conduct using derivatives : What is the difference between making a bad business decision associated with derivatives and engaging in unethical conduct using derivatives?

Calculkate how far should the mirror be from the wall : A luminous object is 3.60m from a wall. You are to use a concave mirror to project an image of the object on the wall, How far should the mirror be from the wall

What is the cubic feet of gas storage space in fault block : After injecting 50 MMSCF (14.7 psia and 60 oF), the pressure increase from 2500 to 3500 psia. Deviation factors for the gas are 0.90 at 3500 and 0.80 at 2500 psia and the bottom-hole temperature is 160 oF. What is the cubic feet of gas storage spa..

What does it mean to be human-how do you define personhood : What does it mean to be human? How do you define personhood? How does one's understanding of what it means to be human influence ethical and moral decisions in nursing and health care?

What is the present value of a monthly payment : If you were to save $5000 every year for the next ten years, and you could invest at a rate of 12% on average, what would be the total value of your investment in 10 years?

What is the minimum expected annual return for stock : If Stocks 1 and 2 have expected returns of 9 percent and 10 percent per year, respectively, then what is the minimum expected annual return for Stock 3 that will enable Glenda to achieve her investment requirement?

Why is wood more common in residential construction in us : why is wood more common in residential construction in the US and concrete more common in commercial construction

What is the frequency for given channel : TV-reception antennas for VHF (channels 2 through 13) are constructed with cross wires supported at their centers, What is the frequency for channel 4

What is your expected starting salary : Without considering the additional educational years or the time value of money, what is your expected starting salary as well as the standard deviation of that starting salary?

User Account

All Pages