If I invest today $1,000 at 6% per annum interest what will be the future value of my investment 20 years from now? Round your answer to the nearest dollar and report it without the $ sign.
Q: You plan to invest $50,000 today at an annual interest rate of 12% over 5 years. What the future…
A: Following details are given in the question: Present value (Investment today) = $50000 time period =…
Q: Suppose you wish to have $11,000 in 13 years. Use the present value formula to find how much you…
A: Present value is the current value of a future cash flow at a specific rate of return. It indicates…
Q: What present value amounts to $15,000 if it is invested for 20 years at 8% compounded annually?…
A: Present Value = Future value / (1+r)^n Where, r = rate of interest i.e. 8% n = no. of years i.e. 20…
Q: You plan to invest $1,000 for one year and you have the opportunity to invest it at a 12 percent…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
Q: terest, compounded monthly, for 2 years. Use the compound interest formula to calculate the compound…
A: In this we have to use future value formula to get future value.
Q: How much should an investor pay to receive $12,000 three years (36 months) from now, assuming that…
A: RETURN 9%/12 0.75% NPER (n) 36 PMT 0 FUTURE VALUE 12000 Return= Rate
Q: compounded
A: Formula to calculate the value in the future: A = P(1+r)^n Where A is the future value P is the…
Q: You invest $15,000 at 6% interest, compounded monthly, for 2 years. Use the compound interest…
A: Principal amount invested now will become certain amount after certain period of time at specific…
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A: Option 1: If 40,000 invested at 7.3% for 5 years: Future Value = Present Value * ( 1 + Interest…
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A: In the given question we require to calculate the future value of $650 deposited today for one year…
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A: The given problem can be solved using using RATE and EFFECT function in excel. RATE function…
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A: A concept through which it is studied that the current worth of money is higher than its future…
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A: Honor code: Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: What would be the future value of $7,992 invested annually for nine years beginning one year from…
A: future value formula: future value =A×1+rn-1r where, A=annuity r=rate of interest n=number of years
Q: If I invest $500 at the end of each quarter for 10 years which earns 8% interest annually. What…
A: We need to use future value annuity formula to get value after 10 years. Future value =PMT(1+i)n-1i…
Q: Suppose you wish to retire in 43 years on a fixed income equiva- lent to $66,000.00 in today's…
A: One of the important techniques that are used by the management in various areas such as a…
Q: Suppose you wish to retire in 41 years on a fixed income equiva- lent to $66,000.00 in today's…
A: Yield = 5.3% N = 41 Inflation rate = 2% Future Value Required = Present Equivalent * (1+Inflation…
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A: Certificate of deposit (CD) A certificate of deposit (CD) is a type of savings account where the…
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A: The future value of the annuity is the total value of all the payments which is occurred regularly…
Q: Suppose you were to receive $1,000 at the end of 10 years. If your opportunity rate is 10 percent,…
A: given, FV = $1000 N=10 R=10%
Q: If you invest 5000 dollars today at a compound interest rate of 10 percent, compounded…
A: Future value can be defined as the worth of money at a future date, computed in accordance with the…
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A: Present Value(PV) is value of a future amount at current point of time. It is done by discounting…
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A:
Q: You would like to provide your investors with a stable income in perpetuity. How much would you need…
A: Given, Annual interest rate is 8.1%. Number of years 20
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A: Quarterly investment = P 10,741 Period = 3 Years Number of quarterly payments = 3*4 = 12 Annual…
Q: An investment offers $8800 per year for 14 years with the first payment occuring one year from now.…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
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A: The future value of the annuity is calculated when there is a requirement to find the future value…
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A: Investment = 100,000 Return = 18% Time Period = 5 years
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A: Future value required (FV) = P 2,000,000 Period (N) = 20 Years Annual interest rate (R) = 8%
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A: Retirement planning is the planning for securing the future from uncertainties. This is to be done…
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A: Opportunity cost can be defined as the loss if one alternative is accepted in place of other…
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A: Present value method is used to evaluate the different level of investment projects. With the help…
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A: Given information : Time period = 4 years Interest rate = 10 % Future value of investment = $1000
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A: Present value of annuity is the present value of recurring cash flows with regular intervals at a…
Q: You expect to receive $50,000 from your superannuation in 3 years from today. If the interest rate…
A: Please refer to the image below
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: Future compounded amount(A)=PV1+rnnt
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A: Future value is the value of an asset possessed by an investor whose value grows and is measured at…
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A: Future value: It can be defined as the value of an investment or any asset at a specified future…
Q: invest
A: Formula to calculate present value or amount to be invested now in compound interest is: PV =…
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A: The present value is the value of the sum received at time 0 or the current period. Given…
Q: Suppose you wish to have $15,250 in 18 years. Use the present value formula to find out how much you…
A: Present value = Future value/(1+pir)^n Where N = number of periods = 18 years Pir = periodic…
Q: Tommy John is going to receive 1,000,000 in three years. The current market rate of interest is 10%.…
A: Introduction:- The following basic information as follows under:- Future value = $1,000,000 Time (n)…
Q: You invest $19,000 at 18% interest, compounded monthly, for 2 years. Use the compound interest…
A: Given, Investment = $19,000 Interest = 18% Compounding Frequency = Monthly for 2 years The…
Q: You invest $17,000 at 18% interest, compounded monthly, for 2 years. Use the compound interest…
A: Higher the frequency of compounding, higher would be the interest income
Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…
A: Given, The present value of investment is $10,000 The rate of interest is 7% per year compounded…
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A: Present value include the value without interest rate and future value includes the value with…
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- If you invest $15,000 today, how much will you have in (for further instructions on future value in Excel, see Appendix C): A. 20 years at 22% B. 12 years at 10% C. 5 years at 14% D. 2 years at 7%Assume you have just found out you are entitled to receive $102,000 in 19 years. If the interest rate is 18 percent, what should you be willing to take today in exchange for the future payment? (Enter your answer as a positive number rounded to 2 decimal places.)Suppose your client wishes to purchase an annuity that pays $80,000 each year for 6 years, with the first payment 4 years from now. At an interest rate of 8%, how much would the client need to invest now? Please round your answer to the nearest hundredth.
- You have RM 5,000.00 you want to invest for the next 45 years until retirement. You are offered an investment plan that will pay you 6 percent per year for the next 15 years and 10 percent per year for the last 30 years.a) Explain the time value of money principleb) Identify the underlying assumption of the time value of money principlec) Draw a graph that illustrates the relationship between interest rates and the present value of RM 1,000.00 to be received in one year.d) Suggest how you can minimize the amount of cash you must invest in order to reach your retirement goal.e) Compute the amount you will have at the end of the 45 years.f) Calculate the amount you would have if the investment plan pays 10 percent for the first 15 years and 6 percent per year for the next 30 years.What amount should I invest today, Jan. 18, 2023 so that after 3 years the face value of my investment will be at ₱250,000. Assume that the market interest is 6.5%. Show your full solution.Suppose you are going to invest $11,000 per year for six years. The appropriate interest rate is 9 percent. What is the future value if the payments are made on the last day of the year? What if the payments are made on the first day of the year? a) $82,756.68; $90,204.78 b) $90,204.78; $82,756.68 c) $49,345.10; $53,786.16 d) $53,786.16; $49,345.10
- You are looking at an investment that will pay R1 800 in 8 years if you invest R900 today. What is the impliedrate of interest?You have RM 5,000.00 you want to invest for the next 45 years until retirement. You are offered an investment plan that will pay you 6 percent per year for the next 15 years and 10 percent per year for the last 30 years. 1) Draw a graph that illustrates the relationship between interest rates and the present value of RM1,000.00 to be received in one year.2) Compute the amount you will have at the end of the 45 years.3) Calculate the amount you would have if the investment plan pays 10 percent for the first 15 years and 6 percent per year for the next 30 years.in planning for your retirement, you would like to withdraw $80,000 per year for 17 years, the first withdrawal will occur 20 years from today. A- what amount must you invest today if your return is 10% per year? B-What amount must you invest today if your return is 15% per year?
- You plan to invest $12,000 per year into a retirement account. If you earn a compound annual rate of return of 11%, how many years will it take you to reach a balance of $1,500,000? Question 2 options: 22.83 25.79 24.24 21.09 26.76A man expects to receive P31,655.11 10 years from now. How much should he invests for three consecutive years (annually) starting this year if the interest rate is 0.210?I would like to have $50,000 after retirement in 20 years 8 months from now. How much should I invest right now to reach my goal if interest rate remains the same for the next 30 years as 3% p.a.?