if you can earn 2.5% per year on your investment how long will it take to double your money
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if you can earn 2.5% per year on your investment how long will it take to double your money
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- How much must be invested now to receive $30,000 for 10 years if the first $30.000 is received one year from now and the rate is 8%?You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityProject X costs $10,000 and will generate annual net cash inflows of $4,800 for five years. What is the NPV using 8% as the discount rate?
- If you want to accumulate $400,000 and you have $17,000 saved now, how many years will it take if you pay $490 per month and your investment pays 4% compounded monthly?An investment will generate $10,000 a year for 25 years. If you can earn 10percent on your funds and the investment costs $100,000, should you buy it? Would your answer be different if you could earn only 7 percent?If you invest $5,000 today, you will receive $1,000 in a year, $1,500 each in year 2 and year 3, and $2,000 each in year 4 and year 5. If you require a 10% annual return, should you take the investment.
- If you would like to have $20,000 in 5 years, how much should you invest today if your investment earns 12% per year and compounded annually?If you want to accumulate $80,000 and you have $10,000 saved now, how many years will it take if you pay $100 per quarter and your investment account pays 5.5% compounded quarterly?An investment will generate 10,000 a year for 25 years. If you can earn 10 percent on your funds and the investment costs $100,000, should you buy it?