Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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- What is the future value in 2 years if you invest $100 at the beginning of each month for 12 months starting today at a rate 3%, compounded semi- annually? a. 1,216.53 b. 1,253.30 c. 1,219.56 d. 1,256.42arrow_forwardIf you invest $12,000 today , how much will you have c) In 25 years at 10 percent? d) In 25 years at 10 percent (compounded semiannually)?arrow_forwardif 10, 000 is invested in a certain business at the start of the year, the investor will receive 1, 000 at the end of each of the next 7 years. What is the present value of this business opportunity if the interest rate is 5% per year?arrow_forward
- Suppose you wish to have $15,250 in 18 years. Use the present value formula to find out how much you should invest at 6% interest, compounded annually in order to have $15,250, 18 years from now.arrow_forwardIf you invest $10,000 at 8.125% interest compounded daily, how long will it take for you to accumulate $15,000? (Give the number of periods and the number of years, rounded to the nearest hundredth.) b) How long will it take for you to accumulate $100,000?arrow_forwardWhat sum must be deposited today at 18 percent per year compounded monthly if the goal 5 years from today is to have a compound amount of $200,000? How much interest will be earned during this period?arrow_forward
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- Find the future value of AED 10,000 per month (at the beginning of the month) for six years at 10 percent. At the end of 6 years you take the proceeds and invest them for 9 years at 12 percent. How much will you have after 15 years?arrow_forwardIf you invest $9500 per period for the following number of periods, how much would you have in each of the following instances. In 13 years at 10 percent? In 50 years at 9 percentarrow_forwardYou invest $100 in a savings account at an interest rate of 15% compounded annually. What is the value of your investment after five years (to the nearest cent)?arrow_forward
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