If you invest $15,000 every year and expect to increase your investment by 6% each year for the next 20 years, what will be the present worth of your investment if it earns 7% per year?

Q: You plan to save $250 a month for the next 24 years and hope to earn an average rate of return of…

A: Future value is the sum of money invested over a period of time under the premise that the…

Q: If you pay $500 each year into an account that grows at 14% per year, how much will you have in the…

A: An annuity is end of year deposits made over a period of time at a specified rate of interest.The…

Q: You have a cash of Rs. 100,000 today. What will be its value after 5 years if you make an investment…

A: Present Value = 100,000 Time Period (N) = 5 Interest Rate = 12%

Q: account

A: Introduction: Investments are made by depositing a certain sum of money in the account. At the end…

Q: if you can earn 2.5% per year  on your investment how  long  will it take to double your money

A: According to the given question, we are required to compute how long the time period will take to…

Q: How much will you have saved after 6 years by contributing $1,200 at the end of each year if you…

A:

Q: You can invest $ 35,000 today. This investment offers you a fixed annual return, computed monthly…

A: Perpetuity is the series of payments at fixed intervals for an infinite time period.  The amount of…

Q: You just deposited $3000 in an investment account and will deposit $5000 more 4 years from now. How…

A: Investment Account is system for deposits in which amount deposited is credited with interest on…

Q: If you invest $1,000 each month for five years, what will be the value of the investment after five…

A: The below formula can be used to calculate future value:

Q: If you invest $15,000 in a long-term venture, you will receive $1,100 per year forever. The first…

A: Initial cost (I) = $15000 CF1 = $1100 forever starting after 2 years CF2 = $500 forever every 6…

Q: How much money should you invest now to ensure $600 per year for 9 years starting next year. The…

A: Given Information: Rate of interest - 16% Annual amount - $600 per year No. of years = 9 To compute:…

Q: How much should you invest each month in order to have $400,000 if your rate of return is 3.2%…

A: We need to use future value of the ordinary annuity formula to calculate monthly payment to get the…

Q: You have $3000 today, and you expect to receive $1000 at the end of the next three years,…

A: Present Value = pv = $3000Payment = p = $1000Time = t = 3Interest Rate = r = 8%

Q: How much will you have in 40 years if you save $3,000 each year and your account earns 8% interest…

A: In the given question we require to calculate the future value of payment made every year of $3000…

Q: How much will I have 8 years from now, if I will invest P10,300 at the end of each three months for…

A: Future value is the worth of any asset or any sum of money at a future date when such asset or money…

Q: annually

A: Formula to calculate r: r = (FV/PV)^1/n - 1

Q: Suppose Karlem invested P20,000 for five years with simple annual interest of 10%. What is the…

A: Simple interest is a method under which interest is calculated on a principal amount. It calculates…

Q: If you invest $600 today at a rate of 14%, how much will you have in the account after 15 years?…

A: Present Value = pv = $600Interest rate = r = 14%Time = t = 15 years

Q: You expect to receive $10,000 in two years. You plan on investing it at 9 percent until you have…

A: Amount invested = a = $10,000 Interest rate = r = 9% Future value = $75,000 Time before investment =…

Q: You are invited to participate in an investment that will increase your wealth by 120% in 8 years.…

A: Rate of return is the amount of profit earned on the investment that is being made initial.

Q: An investor is considering an investment that will pay $2,270 at the end of each year for the next…

A: Payment = p = $2270 Time = t = 10 years Interest rate = r = 12%

Q: You will receive $5,000 in six years.  When you receive it, you will invest it for 7 more years at…

A: The FV of an investment refers to the combined value of the cash flows of the investment at a…

Q: roy gross is considering an investment that pays 7.6%, compounded annually. How muchwill he have to…

A: We need to use the concept of time value of money to solve the question. According to the concept of…

Q: You have $12,500 you want to invest for the next 20 years. You are offered an investment plan that…

A: Amount we will have at the end of 20 years is future value of current investment

Q: Assume you can earn 12% annually on your investment. How much money would you need to save each week…

A: Here, Interest Rate earned is 12% Future Value required is $1,000,000 Compounding Period is Weekly…

Q: What return per year would you need to receive in order to double your money in 8 years?

A: Assume the present value = $100 Future value =Present value × 2 = $100 × 2= $200 Time period = 8…

Q: an to invest $1,000 at the end of EVERY year for the next 25 years. You believe you can earn 7%…

A: Money has time value and value of money changes with time and interest and inflation. The purchasing…

Q: If you would like to have $20,000 in 5 years, how much should you invest today if your investment…

A: Present value is the value today of future cash flows discounted at the required rate of return for…

Q: You will invest $200 per year. If the rate is 8.83%, how much will you have in 13 years?

A: Amount invested per year is $200 Rate of interest is 8.83% Time period is 13 years To Find: Future…

Q: An investor plans to invest $500 a year and expects to get a 10.5% return. If the investor makes…

A: Formula to be used,   PV = P[1-(1+r)^-n]/r where, PV=Present value P=Principal amount r=Rate of…

Q: You are considering an investment that will pay you $1,200 per month for three years. The first…

A: An annuity is a series of equal payments occurring at regular intervals. The present value is…

Q: How much will I have saved after 6 years by contributing $1,200 at the end of each year if you…

A: Information Provided: Yearly contribution = $1200 Interest rate = 11% Years = 6

Q: I am investing $50,000 right now and will add $8,000 each year for the next 10 years. The expected…

A: Investment = 50,000 Annual Payment = 8000 Time Period = 10 years Rate of return = 6.5% Future Value…

Q: You would like to have $19,928 in 12 years. If the rate is 8.45%, how much do you have to invest…

A: Future value required (FV) = $19928 Interest rate (r) = 8.45% Number of annual deposits (n) = 12

Q: How much should you invest each month in order to have $500,000 if your rate of return is 3.9%…

A: A liquid investment refers to an asset that can be easily bought or sold without causing significant…

Q: How many years must you wait for your $4,380 investment to grow to $7,700 if you invest at 5 percent…

A: Future Value: The future value is the value of annuity or the sum lump amount after a certain period…

Q: How much will you accumulate if you invest $800 a year for 10 years at a rate of 8% per year

A: Annuity refers to a stream of periodic cash flows that are usually constant or fixed. Here the…