Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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an investor paid $58000 for an investment.he will get $5780 for every 2 years forever.what is his effective annual
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- You have $50,000 in savings for retirement in an investment earning a stated annual rate of 4% compounded quarterly. You aspire to have $1,000,000 in savings when you retire. Assuming you add no more to your savings, how many years will it take to reach your goal? Please round your answer to the nearest hundredth.arrow_forwardYou expect to receive a payout from a trust fund in 4 years. The payout will be for $13,600. You plan to invest the money at an annual rate of 5.2 percent until the account is worth $22,900. How many years do you have to wait from today?arrow_forwardIf you put up $73,000 today in exchange for an annual 6.75 percent, 18-year annuity, what will the annual cash flow be?arrow_forward
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