# financial management

posted by .

Suppose you invest \$2,500 in an account bearing interest at the rate of 14% per year. What will the future value of your investment in six years?

• financial management -

compound or simple interest?

## Similar Questions

1. ### fin 200 question

Jean will receive \$8,500 per year for the next 15 years from her trust. If a 7% interest rate is applied, what is the current value of the future payments?
2. ### Math

Envision that you have served as business manager of Media World for over 2 years. You have noticed that for the last 12 months the business has regularly had cash assets of \$20,000 or more at the end of each month. You have found …
3. ### programming

Having troube with java, i am not a regular programmer, if anybody can help me out writting this program: write a program that takes two numbers from the java console representing, respectively, an investment and an interest rate(you …

Part I: As a financial planner a client comes to you for investment advice. After meeting with him and understanding his needs, you offer him the following two investment options: Option 1 (refer to section on Mathematics of Finance …
5. ### math

Suppose that you have \$12,500 to invest over a 4 year period. There are two accounts to choose from: 4.5% compounded monthly or 4.3% compounded continuously. a. Write the formula for the first account’s compound interest for n compounding …
6. ### algebra

A grandmother is looking for a plan to finance her new grandchild’s college education. She has \$25,000 to invest. Search the internet and locate a long-range investment plan, CD, Savings Bond, etc, for the grandmother. The plan is …
7. ### Finance/571

Trigen Corp. management will invest cash flows of \$1,206,765, \$1,085,603, \$602,301, \$818,400, \$1,239,644, and \$1,617,848 in research and development over the next six years. If the appropriate interest rate is 9.14 percent, what is …
8. ### FINANCIAL MANAGEMENT

An interest rate( is it variable-relevant or fixed irrelevant for year 1,2,3,4?
9. ### finance

Q.1.Differentiate future value from present value and explain how compound interest differs from simple interest. Q.2. John expects to need \$50,000 as a down payment on a house in six years. How much does she need to invest today in …
10. ### Algebra

Chloe wants to invest a total of \$39000 into 2 savings account, one paying 6% per year in interest and the other paying 9% per year in interest (a more risky investment). If after 1 year she wants the total interest from both accounts …

More Similar Questions