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 $2,448 $2,376 $2,352 $2,424

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

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

When you retire, you wish to have $1 million in your retirement account. Currently, you have $100,000 in the account. If you can generate an annualized return of 12% from your investment, compounded monthly, how many years do you think it will take to have $1 million in the account? 11 years 231 years 19 years 53 years

An investment opportunity promises to pay $5,500.00 per year forever starting ten years from today. Assuming the interest rate of 7%, what should I pay today for this investment?     $47,737.65     $58,194.98     $42,956.71     $30,111.39

4. If you deposit $4,500 at the end of each of the next 30 years into an account paying 7.9 percent interest, how much money will you have in the account in 30 years? How much will you have if you make deposits for 40 years?

Assume you can obtain an annual interest rate of 12% compounding monthly.  You are going to invest $1,000 for two years.  Over how many time periods will you be compounding your return? Group of answer choices 12 1 24 2

Suppose you invest $25 per week into an account that earns 2% compounded weekly.  You make the deposits at the beginning of each week.  If you continue to make these deposits for 40 years, how much will you save? Group of answer choices $73,443.56 $79,668.54 $53,040.00 $79,637.91

Bha

Baghiben