Friday
April 18, 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 ...
Trigonometry - The value V, of a $100,000 investment that earns 3% annual ...
Finance - Investment X offers to pay you $5,500 per year for nine years, whereas...
Finance - i Craig: I am already having trouble understanding Chapter 6, problem ...
business math - If Naomi decides that she will invest $3,000 per year in a 6% ...
finance - equipment cost $20,000 and is financed over a period of five years at ...
finance - An investment offers to pay you a $10,000 a year for five years. If it...

Search
Members