Barbara has a sum of money to invest.  She has two options.  One offers a 24% rate compounded yearly where no interest is given for a fraction of a year.  The other offers a  12% rate compounded monthly.  If, unexpectedly, she had to retrieve her money after exactly 23 months, which option would be more profitable?

Troy has a retirement account worth $1,250,000 . The account draws 4.5%  compounded monthly. A . How much can he withdraw each month and not change the balance? B. It he withdraws $4000 each month , what will be the value of the account in 20 years? C. How much can he withdraw each month from the $1,250,000 to make the account last 30 years?

Emma bought a $360,000.00 house, paying 10% down, and financing the rest at 2% interest for 20 years. A. What is the monthly payment? Emma has a payment of __?__a month. How much interest will be paid over the life of the loan? Emma will pay __?__ in interest over the life of the loan.

Alice is considering an investment. If she undertakes the investment, she will receive $5000 at the end of each of the next four years. The opportunity requires an initial investment of $2000 plus an additional investment at the end of the third year of $6000. What is the NPV of this opportunity if the interest rate is 5% per year? Should Alice take it? Maximum size for new files: 100MB

Samantha wants to be able to withdraw $480 at the end of each month for two years while she travels, starting three years from now. If she invests $8,700 now to earn 7.52% compounded monthly until she begins to travel, what monthly compounded nominal rate of interest must she earn after she starts to travel? Do not include the dollar sign in your answers. Do not include the comma usually used to denote thousands. Do not include the percent sign in your answers. a.) What is the future value of the investment after the deferral period? b.) What is the nominal annual rate of interest compounded monthly? (Correct to 4 decimal places.) c.) What is the effective annual rate of interest? (Correct to 4 decimal places.)

Suppose a recent college graduate's first job allows her to deposit $250 at the end of each month in a savings plan that earns 9%, compounded monthly. This savings plan continues for 13 years before new obligations make it impossible to continue. If the accrued amount remains in the plan for the next 15 years without deposits or withdrawals, how much money will be in the account 28 years after the plan began? (Round your answer to the nearest cent.)

Alicia's investment manager offers her an interest rate of 8.0% compounded monthly on her investments. If the manager changes his mind and offers her a rate of 8.0% compounded annually how much more would she have to deposit at the end of each year in order to accumulate $445,000 in 20 years? Round to the nearest cent