Question

Q3) How many years would it take an investment of $333 to grow to $10,789 at an annual rate of return of 11.00%? |
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Q4) How much money would you need to deposit today at 23.00% annual interest compounded monthly to have $26,802 in the account after 13 years? |
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Q5) If you deposit $729 into an account paying 15.00% annual interest compounded quarterly, how many years until there is $37,847 in the account? |
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Q6) If you deposit $21,114 at 06.00% annual interest compounded quarterly, how much money will be in the account after 15 years? |
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Q7) If you deposit $968 into an account paying 10.00% annual interest compounded monthly, how many years until there is $24,144 in the account? |
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Q8) What is the value today of receiving a single payment of $71,813 in 25 years if your required rate of return on this investment is 04.00% compounded semi-annually? |
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Q9) If you deposit $443 at 20.00%annual interest compounded daily, how much money will be in the account after 19 years? (Assume that there are 364 days in a year) |
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Q10) Suppose you deposit $360 today, $342 in one year, and $254 in two years in an account that pays an annual rate of interest of 02.00%. How much money will be in the account after three years? |
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When inputting an answer, round your answer to the nearest 2 decimal places.If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places. |

Answer #1

As per rules, I am answering the first 4 subparts of the question which is Q 3,4,5 and 6

Q3: Number of years | 33.33 |

Q4: Amount to deposit today | $1,386.48 |

Q5: Number of years | 26.82 |

Q6: money in the account after 15 years | $51,586.14 |

Formulae used for calculations are as below in excel

Q1) Suppose you invest $66,624 today in an account that earns
13.00% interest annually. How much money will be in your account 11
years from today?
Q2) What is the value today, of single payment of $51,252 made
13 years from today, if the value is discounted at a rate of
04.00%?
Q3) How many years would it take an investment of $333 to grow
to $10,789 at an annual rate of return of 11.00%?
Q4) How much money would...

PART 2: FINANCE
a) If you deposit $23,596.00 at 13.23% annual interest
compounded quarterly, how much money will be in the account after 4
years?
b) If you deposit $1036.00 into an account paying 5.46% annual
interest compounded monthly, how many years until there is
$19,912.00 in the account?
c) What is the value today of receiving a single payment of
$55,961.00 13 years if your required rate of return on this
investment is 14.25% compounded semi-annually?
d) If you...

A. Suppose you invest $83736 today in an account that earns 13%
interest annually. How much money will be in your account 7 years
from today?
B. What is the value today of single payment of $36665, 18 years
from today if the value is discounted at a rate of 19%?
C. How many years would it take an investment of $172 to grow to
$18096 at an annual rate of return of 15%?
D. How much money would you...

1. If you deposit $6,500 into an account paying 8% annual
interest compounded monthly, how much money will be in the account
after 7 years?
2. If you deposit $5,000 into an account paying 6% annual
interest compounded monthly, how long until there is $8,000 in the
account?
3. At 3% annual interest compounded monthly, how long will it
take to double your money?

a) The government deposits K400 000 into a saving and
credit international institution investment scheme paying 60%
annual interest compounded quarterly, how much money will accrue
after 5 years?
b) The government deposits K6500 into an investment scheme
paying 8% annual interest compounded monthly, how much money will
be in the account after 7 years?

For 1 and 2 find the compound amount on the given original
principal at the compound interest rate for the indicated term:
1. $1200 for 4 years at 4.2% compounded annually.
2. $800 for 5 years at 4% compounded monthly.
3. If you deposit $6800 into an account paying 5% annual
interest compounded quarterly, how much will be in the account
after 10 years if you make no withdrawals?
4. Suppose you are depositing an amount today in an account...

8. At what quoted annual interest rate must $135,000
be invested so that it will grow to be $460,000 in 15 years if
interested is compounded weekly?
9. If you wish to accumulate $500,000 in 20 years,
how much must you deposit today in an account that pays a quarterly
interest rate of 2%?
10. How many months will it take for $200,000 to grow to be
$550,000 if it is invested in an account with a quoted annual
interest rate of...

1, How many years will it take to pay off a car
loan of $25,703 at an annual rate of 12.38% compounded monthly if
you make monthly payment of $614?
Please round your answer to the second decimal. e.g. 1.11
2.
You are saving money to travel around the globe. You've taken
your first job and you plan to save $434 each month into the bank
account that pays 7.37% compounded monthly for the next three years
for your grad...

If you deposit $1,500 in an account paying 8%, how much will you
have in 3 years?
If you deposit $1,500 into an account paying 8% compounded
monthly, how much will you have in 3 years?
If you deposit $1,500 in an account paying 8% today and deposit
$1,500 every year into the account, how much will you have in 3
years?

How many years will it take $145,000 to grow to $675,000 if it
is invested in an account with a quoted annual interest rate of 9%
with monthly compounding of interest?

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