As a savvy entrepreneur, you decided to invest $8,000 in a start-up tech company in 2009. Since then, yourinvestment has grown at a rate of 6.3% each year.Write a function to express the value of your investment, I, in the tech company as a function of t, thenumber of years since you made the investment.If the pattern continues, when will your investment exceed $18,000? (give the year and determine if it isearly, mid, or late of that year)What is the monthly growth rate of your investment? (round answer to 1 decimal place)? What is the decadegrowth rate of your investment? (round answer to 1 decimal place)?Blank # 1A/Blank # 2Blank # 3

Value of investment refers to the amount of money paid by an investor to purchase a property.

Answered: As a savvy entrepreneur, you decided to…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

Fill in the blank to answer the below. You invested $20,000 at the beginning of the year. At the end of the year, you received cash flows of $400 from the investment and you cashed out entirely, receiving $21,600. What is your return for the year? %
You have started an investment club with your friend. You identified an account which you think will pay 8% per year. You are going to invest $1200 per year. Your friend is going to invest $100 per month. You plan to invest for 4 years. All else equal, which of the following is true. Select one: a. Your investment will have the higher future value. b. Both investments will have the same future value c. Your friend’s investment will have the higher future value.
You invested $2,500 in Awesome Software, Inc. The company did well that year, and you received a check for $300. What was your rate of rate of return on this investment?
You see an opportunity to invest $1 million in a business. The investment is expected to generate a cash flow of $250000 per year over the next five years. Assuming a discount rate is 5%, would it be a sound decision to invest in this business?
You see an opportunity to invest $1 million in a business. The investment is expected to generate cash flows of $250,000 per year over the next five years. Assuming a discount rate of 5%, would it be a sound decision to invest in this business?
Please use excel and explain how you solved it step by step thank you How much income should an investment of 100,000 $ made today, in order to make a profit with 7% interest, bring in per year for 10 years?
You sold your online business to Google. Google agreed to pay you $70,000 now, $10,000 per year for the next 9 years and $100,000 in 10 years if the business meets certain performance targets. If you invested the money, you would earn a return of 9%. a. What is the present value of the combined cash flows, assuming the performance targets are met?
Suppose you own a business and you expect to generate a profit of $50,000 next year. Each year after that you expect your profit to grow by 4%. If you earn profits for 10 years total and the discount rate is 8%, what is your company’s valuation today (present value)? (Show layout in Excel Please)
You just deposited $9,500 in an investment account and will deposit $5000 more four years from now. What is the built-in functions on a spreadsheet to determine how much will be in the account 11 years from now if the rate of return is 10% per year? The built-in function is =FV (10%, 11,,9500) + FV(10%,7, ,5000) and it displays $
Set up a system of equations and then solve using inverse matrics. An investor has found two investment that he wants to invest in. The first one pays 11% per year and a more risky investment pays 19% per year. He has $42,000 to invest and would like an annual income of $7,180.00 per year from his investments. The amount invested at 11% is $ The amount invested at 19% is $
Suppose the rates of return were 100% in the 1st year, -50% in the 2nd year. If you had invested at the beginning of 1st year $1,000 and another $1,000 at the beginning of the second year, what would have been the internal rate of return over the two-year span? Please show work in a spreadsheet and thank you!
Use Table 11-2 to solve the problem. Stuart Daniels estimates that he will need $22,000 to set up a small business in 8 years. (a) How much (in $) must Stuart invest now at 8% interest compounded quarterly to achieve his goal? (b) How much compound interest (in $) will he earn on the investment?

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