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.

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 that you invest $5,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to calculate the compound interest (in $) on your investment.

suppose you are offered the following three accounts to invest $10,000 for 20 years: 18% simple interst and 5% interest compounded monthly. which is the besr choice?

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.

You make an investment into a money market account at time T=0. In year T=5, the value of the money market account will be $5,000. The money market account pays an annual interest of R=6%, and interest is compounded on a quarterly basis. What is the present value of this account?

Suppose you wish to have $15,250 in 18 years. Use the present value formula to find out how much you should invest at 6% interest, compounded annually in order to have $15,250, 18 years from now.

If you invest $10,000 at 8.125% interest compounded daily, how long will it take for you to accumulate $15,000? (Give the number of periods and the number of years, rounded to the nearest hundredth.)   b) How long will it take for you to accumulate $100,000?

Suppose that you invest $5,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to calculate the compound interest (in $) on your investment.

You invest $100 in a savings account at an interest rate of 15% compounded annually. What is the value of your investment after five years (to the nearest cent)?