Growth Rates: Joe Maur,  a catcher for the Minnesota Twins is expected to hit 15 home runs in 2018.  If his home-run-hitting ability is expected to grow by 12 percent every year for the following five years, how many home runs is he expected to hit in 2023?  Excel Please

1

Assuming a 9 percent return on investment, how many years will it take $60,000 to grow to $900,000?

Your have $15,000 that you want to invest.  You expect your investment to yield 5% annual growth compounding annually over the long term.  How much will your investment be worth in 15 years?     $29,487     $31,184     $31,706     $32,546

In 2019, the average salary of petroleum engineers was $98,400. Predict what their salary will be in 2028 if their salary increases only by the inflation rate. Assume the inflation rate over this time period is constant at 3.8% per year. The salary of the petroleum engineers will be $  .

Compute how much money you need to invest each month in order to be able to have enough money at retirement in 40 years to have retirement income of 3500 per month for u+28 months if you can earn 6.22% per year?  U=12

A country recorded GDP of $400 million in 2020 and $460 million in 2021. If the inflation rate between the two years was 10 per cent, the approximate real growth rate was?

10. Pranjali also needs to calculate the income from insurance reimbursements in the years 2023-2025. She knows the starting amount and has estimated the amount in 2026. She thinks this income will increase by a constant percentage. Project the income from insurance reimbursements for 2023-2025 using a Growth Trend interpolation. Income Municipal grants Federal grants Insurance reimbursements Total Revenue 2022 2023 2024 2025 2026 $ 25,000 $ 28,750 $ 32.500 $ 36,250 $40,000 72,000 58,000 58,000 . 55.000 55,000 345,000 550,000 $442,000 $ 86,750 $ 90,500 $ 91,250 $ 645,000

You would like to start saving for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 11% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 at the end of each year for the next 30 years.Calculate how much your accumulated investment is expected to be in 30 years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.)

Suppose you expect to increase the amount of tractors your tractor manufacturing company sells at 9% per year for the next ten years.  If you currently sell 500 tractors a year, how many tractors will you be selling in ten years?   1. 1,350   2. 990   3. 1,183   4. 1,422   5. 1,052