Imagine that Homer Simpson actually invested the ​$180,000 he earned providing Mr. Burns entertainment 5 years ago at 10 percent annual interest and that he starts investing an additional ​$2,300 a year today and at the beginning of each year for 10 years at the same 10

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Ed Long promised to pay his son $300 semiannually for 10 years. Assume Ed can invest his money at 6% in an ordinary annuity. How much must Ed invest today to pay his son $300 semiannually for 10 years?

Calculate the Present Value given the following: Jack invests $5,000 at the end of year 1, and every year increases his investment amount by $1000 for 5 years.  Interest = 4%.  N = 5

Four years ago, Leroy invested $12,600.00. Today, he has $20,700.00. If Leroy earns the same annual rate implied from the past and current values of his invsetment, then in how many years from today does he expect to have exactly $50,600.00 O 7.20 years (plus or minus 0.05 years) 7.57 years (plus or minus 0.05 years) O 6.25 years (plus or minus 0.05 years) 11.20 years (plus or minus 0.05 years) None of the above is within .05 percentage points of the correct answer

D Two years ago, Reggie invested $19,900.00. Today, he has $21,600.00. If Reggie earns the same annual rate implied from the past and current values of his investment, then in how many years from today does he expect to have exactly $38,000.00 O 0.00 years (plus or minus 0.05 years O 15.78 years (plus or minus 0.05 years O 22.35 years (plus or minus 0.05 years O 13.78 years (plus or minus 0.05 years O None of the above is within .05 percentage points of the correct answer

Bert plans to invest $5,120.00 in 3 years and $3,970.00 in 5 years. He expects to earn 8.59 percent per year. How much money does Bert expect to have in 11 years? O $15,822.62 (plus or minus 10 dollars) O $11,077.78 (plus or minus 10 dollars) O $16,408.17 (plus or minus 10 dollars) O $14,911.77 (plus or minus 10 dollars) O none of the answers are within 10 dollars of the correct answer

Juan plans on saving $8000 each year starting at age 25 each year through age 65 (40 years). If he earns a “gross” 8% on his savings each year, how much money will he have at retirement if his account expense ratio is: 0.50% =$???????????? or 0.05%= $?????????????