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Author Question: What is the cash value of $5000 if it is discounted for 5 years at 10% compounded yearly? (Read 115 times)

wenmo

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on: Jun 6, 2019

Question 1

You want to retire with $400 000 in the bank and you are able to earn 6% compounded quarterly for the next 25 years. How much money do you have to invest today in order to achieve your goal?
◦ $90 001.78
◦ $90 001.77
◦ $90 201.77
◦ $90 251.78
◦ $90 251.77

Question 2

What is the cash value of $5000 if it is discounted for 5 years at 10% compounded yearly?


◦ $3100.61
◦ $3104.61
◦ $3143.28
◦ $3000.61
◦ $3228.43
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by wenmo on Jun 6, 2019

pallen55

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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wenmo

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Reply #2 on: Jun 6, 2019
TY


pallen55

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Reply #3 on: Jun 6, 2019
You're welcome


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