What is the value today of single payment

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Suppose you invest $55,917.00 today in an account that earns 7.03% interest annually. How much money will be in your account 4.0 years from today?

What is the value today of single payment of $125,368.00 , 17.0 years from today if the value is discounted at a rate of 4.75%?

How many years would it take an investment of $371.00 to grow to $25,899.00 at an annual rate of return of 5.88%?

How much money would you need to deposit today at 21.17% annual interest compounded monthly to have $30,685.00 in the account after 9.0 years?

If you deposit $491.00 into an account paying 9.78% annual interest compounded quarterly, how many years until there is $89,557.00 in the account?

Reference no: EM132144537

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