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Author Question: How much does Ralph need to invest today to have $150,000 in five years if he will earn 8% interest ... (Read 83 times)

soccerdreamer_17

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  • Posts: 552
on: Apr 25, 2021

Question 1

Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount will be
◦ higher.
◦ lower.
◦ stay the same.
◦ cannot tell.
◦ variable.

Question 2

How much does Ralph need to invest today to have $150,000 in five years if he will earn 8% interest compounded quarterly on his investment? (Round to the nearest whole dollar)
◦ $100,946
◦ $102,041
◦ $101,351
◦ $73,171
◦ $105,453
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Marked as best answer by soccerdreamer_17 on Apr 25, 2021

mceravolo

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Reply #1 on: Apr 25, 2021
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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soccerdreamer_17

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  • Posts: 552
Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

gcook

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Reply 3 on: Yesterday
:D TYSM

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