will it cost at that time.

You plan to graduate in 4 years, and then travel to Italy for 3 weeks. The trip will cost $1,500. If you can earn an annual interest rate of 8%, how much do you have to save right now to have enough money for your trip? Instead, the interest rate is 0.667% per month. How much do you need to save right now?

You have saved $5,000 for a down payment on a new car. The largest monthly payment you can afford is $500. The loan will have an 11% APR based on end-of-month payments. a. What is the most expensive car you can afford if you finance it for 48 months? Do not round intermediate calculations. Round your answer to the nearest cent. b. What is the most expensive car you can afford if you finance it for 60 months? Do not round intermediate calculations. Round your answer to the nearest cent.

Can someone explain how to do this pls?

You have 30 years left until retirement and want to retire with $1.5 million. Your salary is paid annually, and will receive $70,000 at the end of the current year. Your salary will increase at 3 percent per year, and you can earn an 10 percent return on the money you invest. If you save a constant percentage of your salary, what percentage of your salary must you save each year?

You would like to buy a new car. The car costs will be $81 500. If you can earn 12% per annum, how much do you have to invest today to buy the car in three years?              Select one: a. None of the given answers is correct.  b. $58 244.14 c. $58 145.32 d. $58 010.09

I want to buy a Tesla Model S. in 10 years.  The only problem is that it will cost $90,000! how much would I have to deposit each month into a savings plan offering 5.6% APR in order   to have enough saved to buy the car in 10 years? What percent of the total amount saved will come from interest if I go with the monthly savings plan?

A news article forecasts that it will cost around $36,871 to purchase a Lexus NX300 in 2024. How much will you have to invest today at 6.96% per year to have the $36,871 available for the purchase of the car four years from today?

Yang is considering buying an asset that, starting 5 years from now, will pay $10,000 per year forever. Assume that the required return is 7.25%.  What is the most Yang should pay for this asset?

If an average home in your town currently costs $300,000, and house prices are expected to grow at an average rate of 5 percent per year, what will an average house cost in 10 years?