What must their annuity bein order to make it to vacation

Reference no: EM132179385

Question - If the couple draws a new plan of saving for that vacation by putting aside $200 at the end of each month for the next three years, and if the cost of vacation stays the same as ($9,384.44), and the interest rate is 11% compounded annually, would the couple be able to take that vacation in 2019?

1. What must their annuity bein order to make it to their vacation in 2021if the interest rate is 15% compounded semiannually.

2. What must their annuity bein order to make it to their vacation in 2021 if the interest rate is 13.75% compounded quarterly?

3. What must their annuity bein order to make it to their vacation in 2021 if the interest rate is 11.5% compounded monthly?

4. What must their annuity bein order to make it to their vacation in 2021if the interest rate is 8.25% compounded weekly.

5. Calculate the present value of the couple's stream of returns to their five assets using a compound interest rate of 9.5%.

Reference no: EM132179385

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