How much should she invest at the end of every year in an investment fund that earns 9% annually to have enough money to buy the car upon graduation?

Gina has planned to start her college education four years from now. To pay for her college education, she has decided to save $1,000 a quarter for the next four years in a bank account paying 12 percent interest. How much will she have at the end of the fourth year? O a. $16,000 O b. $1,574 O c. $19,116 O d. $20,157

While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 7%. If Mary repays $1,700 per year, then how long (to the nearest year) will it take her to repay the loan? Do not round intermediate calculations. Round your answer to the nearest whole number.

When you were born, your parents started to deposit monthly $2,000 in the bank. The bank offers a fixed interest rate of 15 percent. On your 18th birthday, your parents decide to withdraw the money that they deposited to pay for your college tuition. How much money can they expect to withdraw?   What is the present value of your end-of-year investment of $1,000 per year, with the first cash flow received three years from today and the last one 10 years from today? Use a discount rate of 12 percent   Consider the stock of BIC Company has an annual dividend of $ 3 in 2020. The dividend is expected to grow at a constant rate of 7 percent permanently in 2023. The market requires a 14 percent return on the company. What is the current price of a share of the stock?     You have just found the perfect home. However, in order to buy it, you will need to take out a TRL 450,000, 10-year mortgage at an annual rate of 15,50 percent. What will your monthly mortgage payments be?   ABC…

6) Susan is looking to purchase her first home five years from today. The house costs $1,550,000. She will have to make a down payment of 10% of this amount and plans to take a loan from the bank for the difference. Bank charges are approximately 15% of the loan amount. She plans to start saving from today to cover both the down payment and the bank charges. a. How much will she need to save to cover both the down payment and bank charges? b. If she currently has $195,000 in her account and will make no further deposits over the next five years, what rate of interest must she earn on this account in order to achieve the savings target calculated in part (a) above?

2. (a) A college student, Amy, decides to fund a retirement account with $2000 per year for 8 years, with the first deposit made one year from today. The rate of return will be 10%. How much will she have in her account when she retires in 40 years? (b) Amy’s friend, Dacio, decides he will start funding his retirement account 8 years from now (first payment in 9 years). He then will invest $2000 each year for 32 years. If his rate of return is 10%, how much will he have when he retires in 40 years?

1. Mr. Lima borrowed ₱50,000 from a lending firm to start a mini-store business. If the firm charges simple interest of 5%, how much must Mr. Reyes pay in three years? 2. At what simple interest rate must ₱100,000 be invested so as to gain an interest of ₱10,000 after 5 years?   3. In preparation for Sandara’s college education, her parents want to save ₱400,000 after 12 years. How much should they deposit in a bank providing an interest rate of 2% compounded quarterly?  4. How long should ₱50,000 be invested at 6% compounded semi-annually if it should earn an interest of ₱10,000? 5. A cellular phone may be purchased at ₱1,500 payable monthly for 18 months. The first payment is due after 3 months. How much is the cellular phone if the interest rate is 12% convertible monthly?  6. Warlo bought a laptop that is payable by monthly installment of ₱1,800 for 12 months starting at the end of 2 months. How much is the cash value of the laptop if interest is at 10% convertible monthly?  7.…

Pete Morton is planning to go to graduate school in a program of study that will take three years. Pete wants to have $13,000 available each year for various school and living expenses. If he earns 7 percent on his money, how much must be deposited at the start of his studies to be able to withdraw $13,000 a year for three years?

Banking. Josiah has an income of $137,000 that he is willing to spend over a year. If his bank account is giving him 6.12% and the cost associated for him to visit the bank is $6.80. How much should him withdraw per bank trip?

Rodriguez: Attempt 1 to have $120,000 in 15 years for their children's college education. How much should be paid. semiannually into an account paying 6.8% compounded semiannually? Problem: A newborn child receives a one time $20,000 gift toward college from her grandparents. How much will the $20,000 be worth in 17 years if it is invested at 7% compounded quarterly? Problem: If you buy a computer directly from the manufacturer for $2,500 and agree to repay it in 48 equal installments at 1.25% interest per month on the Q Search ly 1. A F 2. A=P 3. A- PA