Reference no: EM132233513
Please help me answer the following questions: showing your work is a plus! helps me learn easier.
Q1) Suppose you invest $33,360 today in an account that earns 09.00% interest annually. How much money will be in your account 10 years from today?
Q2) What is the value today, of single payment of $18,588 made 6 years from today, if the value is discounted at a rate of 24.00%?
Q3) How many years would it take an investment of $452 to grow to $13,846 at an annual rate of return of 30.00%?
Q4) How much money would you need to deposit today at 22.00% annual interest compounded monthly to have $33,344 in the account after 8 years?
Q5) If you deposit $543 into an account paying 09.00% annual interest compounded quarterly, how many years until there is $26,930 in the account?
Q6) If you deposit $56,145 at 12.00% annual interest compounded quarterly, how much money will be in the account after 13 years?
Q7) If you deposit $136 into an account paying 10.00% annual interest compounded monthly, how many years until there is $32,386 in the account?
Q8) What is the value today of receiving a single payment of $14,591 in 28 years if your required rate of return on this investment is 09.00% compounded semi-annually?
Q9) If you deposit $644 at 15.00%annual interest compounded daily, how much money will be in the account after 9 years? (Assume that there are 364 days in a year)
Q10) Suppose you deposit $753 today, $796 in one year, and $285 in two years in an account that pays an annual rate of interest of 13.00%. How much money will be in the account after three years?
What was the interest rate on the account
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What is the value today
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