ou want to have $1,970,000 at the end of 22 years. You have $6,000 to invest now, and you will receive $70,000 at the end of 10 years. In addition, you plan to invest an equal amount at the end of every year over the next 22 years to reach your goal. If the annual rate of interest is 6.40% , how much do you have to invest annually? a. $41,586 b. $154,648 c. $36,722 d. $39,503 e. $43,254

You purchase an investment for $1,000. You expect it will increase in value at a rate of 9% per year. If your expectations are correct, how much will your investment be worth at the end of 12 years? Your Answer:

You are going to invest $5405 in 3 years and $7923 in 6 years.  If you expect to earn a return of 8.26%, how much will you have in 10 years?    Answer:

You are looking at two investment options, A and B. Investment A is a 15-year annuity that needs an end-of-month payment of $1,100 and has an APR of 9% compounded monthly. Investment B is also a 15-year investment, but a lump sum investment that has as an APR of 8% compounded daily. How much money do you need to invest in B today as a single lump sum amount if you wish to have the same wealth as in Investment A in 15 years? If Investment B, with 8% APR compounded daily, gave you the option of investing a constant amount at the end of every six months, what would this amount be in order to give you the same wealth as in A at the end of 15 years?

How much should be invested each year for 10 years to provide you with $8000 per year for the next 15 years? Assume a 5.4% interest rate. (Round your final answer to two decimal places.) $

Suppose you have an account that will grow to $253,000.00 in 25 years. It grows at 7.5% annual interest, compounded monthly, under the current investment strategy. The owner of the account, however, wants it to have $368,000.00 after 25 years. How much additional monthly contribution should they make to meet their goal?

You will deposit $10,000 per year for five years at 9%. Then you will just let themoney sit there and continue to earn interest. If the interest rate in this secondstage is 10%, how much would you have six years after the second stage starts?(a) $142,656 (b) $95,755(c) $100,370 (d) $106,023

How much do you have to deposit today so that beginning 11 years from now you can withdraw ​$12,000 a year for the next 6 years​ (periods 11 through 16​) plus an additional amount of ​$24,000 in the last year​ (period 16​)? Assume an interest rate of 9 percent.

18. You buy items costing $ 3200 and will finance the cost with a fixed installment loan. You will finance at 4 % simple interest per year. You are told that your interest will amount to $320. a. How many years will you be paying? b. What will be your monthly payment

Hello. I am stuck on this question, how can i solve it using formulas How much will you have at the end of 20 years if you invest $100 at the end of themonth starting a month from today and subsequently you invest 0.6% more each month.The interest rate is stated as an annual rate of 15% compounded monthly?