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- Charlie Munger wants to save for a trip to Italy. He will need $18,108 at the end of 12 years. He can invest a certain amount at the beginning of each of the next 12 years in a bank account that will pay him 5 percent annually. How much will he have to invest annually to reach his target? (Round to the nearest two decimals. Do not type the $ symbol)Ingrid wants to buy a $16,000 car in 8 years. How much money must she deposit at the end of each quarter in an account paying 5.4% compounded quarterly so that she will have enough to pay for her car? How much money must she deposit at the end of each quarter? (Round to the nearest cent as needed.) C…...Bayan wants to buy a house in six years. She hopes to be able to put down OMR 25000 at that time. If the bank CD she wants to invest in will pay 7.5 percent annually, how much will she have to invest today اخترأحد الخیارات a. 15680.04 OMR b. None of these c. 16107.50 OMR d. 16199.03 OMR O e. 17107.50 OMR O
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- Margaret Moore expects to need $44,000 for a down payment on a house in six years. How much would she have to invest today in an account paying 8.25 percent in order to have $44,000 in six years? (Round answer to 2 decimal places, e.g. 52.75.)Bayan wants to buy a house in six years. She hopes to be able to put down OMR 25000 at that time. If the bank CD she wants to invest in will pay 7.5 percent annually, how much will she have to invest todayKipling wants to have $43256 for a down payment on a house ten years from now. She can either deposit one lump sum today or she can wait two years and deposit a lump sum. Assume an annual interest rate of 1.4%. How much additional money must she deposit if she waits for two years rather than making the deposit today? A. 1076.20 B. 512.53 C. 1032.23 D. 519.70 E. 1061.34
