A speculator has purchased land along the southern Oregon coast. He has taken a loan with the​ end-of-year payments of ​$7,600 for 9 years. The loan rate is 8​%. At the end of 9 ​years, he believes that he can sell the land for ​$100,000. If he is correct on the future​ price, did he make a wise​ investment? What is the future value of the loan 9 years from​ now?   ​$nothing   ​(Round to the nearest​ cent.)

Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end-of-year payments of $7,600 for 10 years. The loan rate is 7%. At the end of 10 years, he believes that he can sell the land for $110,000. If he is correct on the future price, did he make a wise investment? ..... What is the future value of the loan 10 years from now? $ (Round to the nearest cent.)

An investor is looking for a loan for an investment property that he has found. He can afford a monthly payment of $1,475. The interest rated quoted to him was 7.25%. He built the following table from that information. A $74,049 $125,638 $161,580 t 5 10 15 a) A(5) = b) If the investment property cost $161,580, how many years must the investor make monthly payments? t 20 25 30 A $186,620 $204,066 $216,220

Future value. A speculator has purchased land along the southern Oregon coast He has taken a loan with the end-of-year payments of $8.000 for 10 years. The loan rate is 5%. Asthe end of 10 years, he believes that he can sell the land for $90,000. If he is correct on the future price, did he make a wise investment? What is the future value of the loan 10 years from now? (Round to the nearest cent.).

ou have discovered an investment opportunity that earns a 3% rate of interest compounded semiannually. What amount should you deposit today to have $7000 in three years? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary calculations, and round your final answer to the nearest dollar.) $6400 $6370 $6406 $6402

You just won a lottery that promises to pay you $1 million exactly 10 years from today. Because the $1 million payment is guaranteed by the state in which you live, opportunities exist to sell the claim today for an immediate lump-sum cash payment. What is the least you will sell your claim for if you could earn 5.05 % on similar-risk investments during the 10-year period?

How You deposit $1,900 into an account that. pays 7⁰% per year. Your plan is to withdraw this amount at the end of 5 years to use for a down payment on a new car. much will you be able to withdraw at the end of 5 years? Do not round intermediate calculations. Rand your answer to the nearest cent. 12 Today you invest a lump sum amount in an equity find that provides on 12% annual return. You would like to have $11,500 in 6 years to help with a down payment for a home How much do you need to deposit today to reach your $11, 500 goal? Do not round intermediate calculations. Round to the nearest cent your answer

2. The Electric Company is considering the purchase of a hillside ranch for possible use as a windmill farm sometime in the future. The owner of the 800-acre ranch will sell $4000 per acre if the company will pay her in two payments - one payment now and another that is twice as large 4 years from now. If the transaction interest is 12% per year, what is the amount of the first payment?