Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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How much would you need to invest today at a lump sum at 10.5% compounded continuously, to have $200,000 in five years?
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- How much should you invest each month in order to have $500,000 if your rate of return is 3.9% compounded monthly and you want to achieve your goal in 40 years? $ How much interest will you earn? $ How much should you invest each month in order to have $500,000 if you want to achieve your goal in 20 years? $ If you deposit the amount you need to achieve your goal in 20 years, how much will your savings be worth after 10 years?arrow_forwardHow much will you accumulate if you invest $800 a year for 10 years at a rate of 8% per year?arrow_forwardHow much must you invest at 10% interest in order to see your investment grow to $5,000 in 5 years?arrow_forward
- 6. You are considering an investment that will pay you $1,000 in one year, $2,mm in two years, and $3,000 in three years. If you want to earn 10% on yourmoney, how much would you be willing to pay?arrow_forward3. María Lebrón is considering an investment that pays 7.6% interest compounded annually. How much would she have to invest today if she expects this investment to bring her $ 25,000 in six years?arrow_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_forward
- To accumulate $85,000 in 6 years, you must invest $ now, to the nearest whole dollar value, if the interest rate is 9.7%, compounded annually.arrow_forwardYou want to invest $100.00 for three years at 10%. What will the $100 dollars grow to?arrow_forwardIf you want to accumulate $400,000 and you have $17,000 saved now, how many years will it take if you pay $490 per month and your investment pays 4% compounded monthly?arrow_forward
- If you want to accumulate $80,000 and you have $10,000 saved now, how many years will it take if you pay $100 per quarter and your investment account pays 5.5% compounded quarterly?arrow_forwardYou are going to retire in 40 years and currently have $100,000. What average annual return would you have to earn on your investment to have $1 million by the time you retire?arrow_forwardIf you want $3,000,000 saved by the time you retire in 40 years and you earn 8% interest on your savings, how much would you need to save each year? Assume annual compounding. Enter your answer rounded to two decimal places.arrow_forward
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