Calculate what $890 would grow to at 7.5% per year compounded daily for 6 years. (Use the Table 12.2.) Note: Round your final answer to the nearest cent. Amount

How much should be invested each year for 10 years to provide you with $8000 per year for the next 15 years? Assume a 5.4% interest rate. (Round your final answer to two decimal places.) $

Consider the following investment. (Round your answers to the nearest cent.) $5,600 at  6 3/4%  compounded quarterly for  8 1/2  years (a) Find the future value of the given amount.$ (b) Interpret the future value of the given amount. After  8 1/2  years, the investment is worth $  .

Fill in the table below when P= $10,000, S = $2,000 (at the end of four years), and i= 15% per year. What is the equivalent uniform CR? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15%er year. Complete the accompanying table. (Round to the nearest dollar.) Opportunity Cost of Interest (i=15%) $ Year 1 Investment at Beginning of Year $10,000 Loss in Value of Asset During Year $3,000 Capital Recovery Amount for Year

How much will $3,000 invested at the end of each year grow to in 4 years, assuming an interest rate of 11% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1, and PVA of $1). Multiple Choice $13,663 $14,129 О $12,729 $13,200

suppose you are offered the following three accounts to invest $10,000 for 20 years: 18% simple interst and 5% interest compounded monthly. which is the besr choice?

Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $119,500 at 6.5% compounded continuously for 20 years

Select the best answer for the question. 20. You want to invest money for three years in an account that pays nine-percent interest annually. How much would you need to invest today to reach a future goal of $12,000? (Round your answer to the nearest dollar.) A. $10,984 OB. $10,100 OC. $11,432 OD. $9,266

using computation solution (not excel)

If you borrow $46,000 at 9.5% annual compound interest and pay it back with 11 equal annual payments, what will be the size of each payment if the first payment occurs 1 year after borrowing the $46,000? $ Round your answer to 2 decimal places. The tolerance is ±1.