If jim wants to accumulatw $13,217.74 in 2 years. currently has $10,477.03 to invest. what interest rate must he earn on the investment if he deposits $10,477.03 today to have $13,217.74 exactly 2 years from today?
If you invest $9000 how much will you have A. in two years at 9% B. in 7 years at 12% C. in 25 years at 14% D. in 25 years at 14% (compounded Semi-annually) I don't know how to even start this can anyone help?
14.You need to have $15,000 in five years to pay off a home equity loan. You can invest in an account that pays 5.75 percent compounded quarterly. How much will you have to invest today to attain your target in five years?
Three individuals form a partnership and agree to divid the profits equally. x invest $9000, y invest $7000 z invest $4000. how much much less does x receive than if the profists were divided in proportion to the amount invest
David will retire to Florida in ten years. After he retires, he wants to take out $28,000 at the end of each year for 15 years. If he can invest the money at 8% annually, what amount must he invest today?
You wish to leave an endowment for your heirs that goes into effect 50 years from today. You don’t want to be forgotten after you pass so you wish to leave an endowment that will pay for a grand soirée yearly and forever. What amount …