Maria Addai has been offered a future payment of $750 2 years from now. If she can earn 6.5%, compounded annually, on her investment, what should she pay for this investment today?
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Maria Addai has been offered a future payment of $750 2 years from now. If she can earn 6.5%, compounded annually, on her investment, what should she pay for this investment today?
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- Maria Addai has been offered a future payment of $750 two years from now. If she can earn an annual rate of 6.5 percent, compounded daily, on her investment, what should she pay for this investment today?Tandang Sora has deposited P33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of P65,000, what recommendation would you make to Tandang SoraPresent value: Maria Addai has been offered a future payment of $750 two years from now. If she can earn 6.5 percent, compounded annually, on her investment, what should she pay for this investment today? Please use Excel to solve
- Linda expects to receive P35,569.22 , 9 years from now. How much should she invests for three consecutive years (annually) starting THIS YEAR if the interest rate is 0.250? Use knowledge about ANNUITIES in solving thisK. Tanja wants to establish an account that will supplement her retirement income beginning 30 years from now. Find the lump sum she must deposit today so that $400,000 will be available at time of retirement, if the interest rate is 10%, compounded quarterly. How much must Tanja invest? P= (Round to the nearest cent as needed.)Jane has been offered a choice between a lump sum payment of $100,000 today or an annuity thatpays $8,000 per year for 20 years, starting one year from today. If the interest rate is 6% per year,which option should she choose?
- To pay for your child's education, you wish to have accumulated P15,000 at the end of 15 years. To do this, you plan to deposit an equal amount into the bank at the end of each year. If the bank is willing to pay 6 percent compounded annually, how much must you deposit each year to obtain your goal?Freya plans to invest $1,600 every six months for 25 years. How much will this investment be worth at the end of 25 years if she earns an average annual rate of 8.2 percent interest compounded semiannually? Can the calculator and excel solution be provided?Aunt Tillie has deposited $33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of $65,000, what recommendation would you make to Aunt Tillie?
- Tanja wants to establish an account that will supplement her retirement income beginning 25 years from now. Find the lump sum she must deposit today so that $600,000 will be available at time of retirement, if the interest rate is 6%, compounded quarterly. How much must Tanja invest? P=$ (Round to the nearest cent as needed.)When Jasmine retires she has $950,000 in a retirement account that earns 6% annual interest, compounded monthly. She is to receive monthly payments for the next 30 years. How much will she receive in each payment? Round your answer to the nearest cent.Sherry expects to deposit $1000 now, $3000 4 years from now, and $1500 6 years from now and earn at a rate of 12% per year compounded semiannually through a company-sponsored savings plan. What amount can she withdraw 10 years from now?