alculate the Present Value given the following: Jill invests $5,000 at the end of year 1, and every year increases her investment amount by 4% for 5 years.  Interest = 4%.  N = 5

Assume that you want to have $ 4450 saved in a sinking fund in 1 year. The account pays 2% compounded monthly. What should be your monthly payments?

Suppose you have estimated that you will need $2,500 per month in your retirement to meet your expenses and live comfortably, and that you have found or chosen a fund (account) which pays monthly interest 4% APR . What principal, or balance, will your account need to maintain in order to be able to pay you this amount each month? Round/take your answer to the nearest cent.

Your friend already has $20,000 in an investment account. In addition to this amount, she is considering investing $5,000 at the end of year 1 with this amount growing at 6% p.a. until the end of year 5. If the interest rate earned by the investment account is expected to be 8% p.a., the total amount she will have accumulated in this account at the end of five years is closest to: Group of answer choices $29,387. $32,776. $62,162. $66,120.

Hannah wants to have $ 7500 to help pay for a new deck in 13 years. If she wants to put her money into an account earning 4.75% interest compounded continuously, how much should she invest now, so that she will have $ 7500 in 13 years? Payment amount =

4Each year for the next 10 years, Carmen Lector will deposit $4.000 into an investment fund that pays 10% compounded annually. Use the formula approach. Sa. How much will Carmen have at the end of 10 years if the first of 10 deposits are made at the end of each year? 6 b. How much will Carmen have at the end of 10 years if the first of 10 deposits are made at the beginning of each year? 7 8 9 CO 1 Each quarter for the next 10 years, Carmen Lector will deposit $1,000 into an investment fund that pays 8% compounded quarterly. Use the formula approach 2a. How much will Carmen have at the end of 10 years if the first of 40 quarterly deposits are made at the end of each quarter? 3 b. How much will Carmen have at the end of 10 years if the first of 40 quarterly deposits are made at the beginning of each quarter? 24 25 26 27 28 29 30 Each year for the next 10 years, Carmen Lector will deposit $4,000 into an investment fund that pays 8% compounded annually. 31 What is the present value of…

Calculate the Present Value given the following: Jack invests $5,000 at the end of year 1, and every year increases his investment amount by $1000 for 5 years.  Interest = 4%.  N = 5