Suppose that you wish to save the amount indicated below. You will make the first investment one month from now. opportunity how much will you need to invest at the end of each month to reach your savings goal. Assume that you the end of the term indicated below. Round your final answer to two decimals. Savings goal: Frequency of investment: Term: Expected return Monthly investment $ 776,223.00 Monthly 13 Years from now 9% APR

Suppose that you wish to save the amount indicated below. You will make the first investment one month from now. opportunity how much will you need to invest at the end of each month to reach your savings goal. Assume that you the end of the term indicated below. Round your final answer to two decimals. Savings goal: Frequency of investment: Term: Expected return Monthly investment $ 776,223.00 Monthly 13 Years from now 9% APR

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

What is the future value of a constant income stream of $20,000 per year in 6 years from now given a continuous interest rate of 3.5% per annum? Give your answer to the nearest dollar and show working. уears
The annual rate of return on your investment is 6% and is guaranteed for the next 23 years. You are thinking about retirement 23 years from today if you reach your target of $1,421,403.47. What should be your monthly deposits at the end of each month for the next 23 years to reach your goal? O $2,400 O $2,448 $2,376 $2,352 O $2,424
Future Value =FV Please see image
What is the future value in 2 years if you invest $100 at the beginning of each month for 12 months starting today at a rate 3%, compounded semi- annually? a. 1,216.53 b. 1,253.30 c. 1,219.56 d. 1,256.42
3 How much is accumulated in each of the following savings plans over X years? X= Y= Z= A= 1 years 30 $ 20 $ 24% $Y deposited at the end of each month at A% compounded monthly Try Again $Z deposited at the end of the first month, $Z+1 at the end of the second month, and so forth, increasing by $1 per month, at A% compounded monthly. Try Again
You are opening an investment account that will earn 11.5% compounded annually. You will invest $1,000 today, $5,000 one year from today, $18000 two years from today, $8,000 three years from today, and $12,000 four years from today. What will the value of your account be 4 years from today? Question 2 options: 53,225 59,065 51,775 54,635 58,705
Future Value. How much will you have in 48 months if you invest $105 a month at 12% annual interest? In 48 months, you will have S (Round to the nearest cent) (Use your financial calculator or you may use the Financial Tables in Appendix C in computing your answer)
Saving Later Plan 2: Invest $350 at the end of each month into an account paying 7.5% compounded monthly for 15 years then leave the money in the account earning interest until retirement (making no additional withdrawals or investments until retirement). Using the assumptions above, write down your answer to each of the following questions. 19. Create the following table of values for this investment plan. Saving Later Plan 2, tuho table should be handwritten) to find the amount available after 15 years. Write N/A next to any variable that does not apply and write Solve next to the appropriate varlable. P%3D r = A = M = n = 20. Indicate the best formula to use to compute the amount available after 15 years. 21. Substitute the values into the formula and compute how much money will be available after 15 years.
How do you calculate the present and future value in months? Example: Calculate the FV of : Investment: 500$ Interest: 5% Time: 5 months
Help me with detail explanation I will give Upvote
Assume that you can invest to earn a stated annual rate of return of 12 percent, but where interest is compounded semiannually. If you make 20 consecutive semiannual deposits of $500 each, with the first deposit being made today, what will your balance be at the end of Year 20? Group of answer choices $52,821.19 $57,900.83 $58,988.19 $62,527.47 $64,131.50
Saving Later Plan 2: Invest $350 at the end of each month into an account paying 7.5% compounded monthly for 15 years then leave the money in the account earning interest until retirement (making no additional withdrawals or investments until retirement). Using the assumptions above, write down your answer to each of the following questions: 19. Create the following table of values for this investment plan, Saving Later Plan 2, (the table should be handwritten) to find the amount available after 15 years. Write N/A next to any variable that does not apply and write Solve next to the appropriate variable. P = A = t 3D M =

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