Monday
July 28, 2014

Homework Help: Finance

Posted by help w/ business on Tuesday, February 1, 2011 at 3:28pm.

If an investment of $5,000 today earns 5% in each of the next five years, and then earns 7% per year for five years after that, how much will the investment be worth at the end of the ten years?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

finance - Mrs. Kay who is 24 years old plans to retire at the age of 60. Mrs. ...
Maths B - Kate is thinking about investing $45000 for 5 years. She deposits her ...
Finance - You are now 30 years old. You plan to retire in 30 years, and expect ...
Finance - Assume that you are 23 years old and that you place $3,000 year-end ...
algebra2 - Cassandra starts working for a company for an annual salary of $30,...
Finance - i Craig: I am already having trouble understanding Chapter 6, problem ...
Trigonometry - The value V, of a $100,000 investment that earns 3% annual ...
math - Jeanette wishes to retire in 30 years at age 55 with retirement savings ...
Finance - Investment X offers to pay you $5,500 per year for nine years, whereas...
math - Your invest $3,000 annually in a mutual fund that earns 10 percent ...

Search
Members