Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1.you would like to have $29,354 in 10 years. if t

1.You would like to have $29,354 in 10 years. If the rate is 8.38%, how...

50.1K

Verified Solution

Question

Accounting

1.You would like to have $29,354 in 10 years. If the rate is 8.38%, how much do you have to invest each month?

2.You would like to have $46,657 in 6 years.. If the rate is 7.77%, how much do you have to invest each year?

3.You will invest $200 per year. If the rate is 8.58%, how much will you have in 11 years?

4.An investment will give you monthly payments of $474 for 5 years. If your required return is 10.84%, what is it worth today? please come with formulas. thanks

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Parallelogram 2 Opposite side are parallel supplementary perpendicular complementary 1 point bisect bisect Answer Opposite...

Geometry
Q

** When analyzing the collateral and analyzing the business risk and ability to pay for corporate...

Finance
Q

Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows...

Finance
Q

For each of the following situations, select the best answer that applies to consolidating financial information...

Accounting
Q

The amount of time part time worker at a pet store is normally distributed with a...

Statistics
Q

Consider A, B and C, all nxn matrices. Show that: 1) det(A)=det(A^T) 2) if C was obtained from...

Advance Math
Q

Which codons are synonymous?CAC and CAUACA and AGCUCC and GACCAC and CAG

Biology
Q

In the arrangement shown in Fig 1 24 the masses m of the bar and...

Physics
Q

Describe the translation.y = (x - 2) +5 ---> y = (x + 2) -...

Geometry
Q

7 81 cm 7 37 cm 7 42 cm 8 12 cm Question 8 8...

Basic Math
Q

Find a value of ? in the interval [0, 90] that satisfies the given statement.cot...

Basic Math
Q

4 dw ax x dw t x w x 0 1 w 0 1 1

Algebra