… Show more What will a deposit of $5,000 left in the bank be worth under the following conditions? What will a deposit of $5,000 left in the bank be worth under the following conditions? What will a deposit of $5,000 left in the bank be worth under the following conditions? What will a deposit of $5,000 left in the bank be worth under the following conditions? What will a deposit of $5,000 left in the bank be worth under the following conditions? What will a deposit of $5,000 left in the bank be worth under the following conditions? What will a deposit of $5,000 left in the bank be worth under the following conditions? What will a deposit of $5,000 left in the bank be worth under the following conditions? Left for 5 years at 6% interest? Left for 5 years at 6% interest? Left for 5 years at 6% interest? Left for 5 years at 6% interest compounded monthly? Left for 5 years at 6% interest compounded monthly? Left for 5 years at 6% interest compounded monthly? Left for 5 years at 6% interest compounded monthly? Left for 5 years at 6% interest compounded monthly? Left for 5 years at 6% interest compounded monthly? Left for 5 years at 6% interest compounded continuously? Left for 5 years at 6% interest compounded continuously? Left for 5 years at 6% interest compounded continuously? Left for 5 years at 6% interest compounded continuously? Left for 5 years at 6% interest compounded continuously? Left for 5 years at 6% interest compounded continuously? Left for 10 years at 6% interest? Left for 10 years at 6% interest? Left for 10 years at 6% interest? Left for 10 years at 6% interest? Left for 10 years at 8% interest? Left for 10 years at 8% interest? Left for 10 years at 8% interest? Left for 10 years at 8% interest? Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: Your firm has a $10,000 note receivable due from a customer. How much is the note worth today if: The note is due in 2 years and the discount rate is 8%? The note is due in 2 years and the discount rate is 8%? The note is due in 2 years and the discount rate is 8%? The note is due in 2 years and the discount rate is 8%? The note is due in 2 years and the discount rate is 8%? The note is due in 2 years and the discount rate is 8%? The note is due in 3 years and the discount rate is 15%? The note is due in 3 years and the discount rate is 15%? The note is due in 3 years and the discount rate is 15%? The note is due in 3 years and the discount rate is 15%? The note is due in 3 years and the discount rate is 15%? The note is due in 3 years and the discount rate is 15%? The note is due in 3 years and the discount rate is 10% compounded monthly? The note is due in 3 years and the discount rate is 10% compounded monthly? The note is due in 3 years and the discount rate is 10% compounded monthly? The note is due in 3 years and the discount rate is 10% compounded monthly? The note is due in 3 years and the discount rate is 10% compounded monthly? The note is due in 3 years and the discount rate is 10% compounded monthly? The note is due in 3 years and the discount rate is 10% compounded monthly? The note is due in 3 years and the discount rate is 10% compounded monthly? How much will the following people have for retirement? How much will the following people have for retirement? How much will the following people have for retirement? How much will the following people have for retirement? How much will the following people have for retirement? How much will the following people have for retirement? Alex deposits $100 a month for 20 years with a 6% return. Alex deposits $100 a month for 20 years with a 6% return. Alex deposits $100 a month for 20 years with a 6% return. Alex deposits $100 a month for 20 years with a 6% return. Alex deposits $100 a month for 20 years with a 6% return. Alex deposits $100 a month for 20 years with a 6% return. Beth deposits $100 a month for 30 years with a 6% return. Beth deposits $100 a month for 30 years with a 6% return. Beth deposits $100 a month for 30 years with a 6% return. Beth deposits $100 a month for 30 years with a 6% return. Beth deposits $100 a month for 30 years with a 6% return. Beth deposits $100 a month for 30 years with a 6% return. Chris deposits $100 a month for 30 years with a 9% return. Chris deposits $100 a month for 30 years with a 9% return. Chris deposits $100 a month for 30 years with a 9% return. Chris deposits $100 a month for 30 years with a 9% return. Chris deposits $100 a month for 30 years with a 9% return. Chris deposits $100 a month for 30 years with a 9% return. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. A lottery prize advertised as “$1 million” is actually paid as $25,000 a year for 40 years. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value of the $25,000 a year for 40 years using a 5% discount rate. Find the present value using an 8% discount rate. Find the present value using an 8% discount rate. Find the present value using an 8% discount rate. Find the present value using an 8% discount rate. Find the present value using an 8% discount rate. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. The winner of this lottery is offered $500,000 now instead of the series of payments that total $1 million. If this person believes that they can earn 5% interest, which option should they pick? Explain. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. Find the monthly payments for a $15,000 car loan with the following terms. Also find the total amount that will be paid over the life of the loan. 4 year loan at 8% interest (compounded monthly) 4 year loan at 8% interest (compounded monthly) 4 year loan at 8% interest (compounded monthly) 4 year loan at 8% interest (compounded monthly) 4 year loan at 8% interest (compounded monthly) Total paid Total paid 6 year loan at 12% interest (compounded monthly) 6 year loan at 12% interest (compounded monthly) 6 year loan at 12% interest (compounded monthly) 6 year loan at 12% interest (compounded monthly) 6 year loan at 12% interest (compounded monthly) Total paid Total paid Find the amount that must be saved each year to reach the following goals. Find the amount that must be saved each year to reach the following goals. Find the amount that must be saved each year to reach the following goals. Find the amount that must be saved each year to reach the following goals. Find the amount that must be saved each year to reach the following goals. Find the amount that must be saved each year to reach the following goals. Find the amount that must be saved each year to reach the following goals. Darby needs $20,000 in 10 years and can receive 4% interest. Darby needs $20,000 in 10 years and can receive 4% interest. Darby needs $20,000 in 10 years and can receive 4% interest. Darby needs $20,000 in 10 years and can receive 4% interest. Darby needs $20,000 in 10 years and can receive 4% interest. Darby needs $20,000 in 10 years and can receive 4% interest. Fran needs $800,000 in 35 years and can receive 8% interest. Fran needs $800,000 in 35 years and can receive 8% interest. Fran needs $800,000 in 35 years and can receive 8% interest. Fran needs $800,000 in 35 years and can receive 8% interest. Fran needs $800,000 in 35 years and can receive 8% interest. Fran needs $800,000 in 35 years and can receive 8% interest. George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: George has $20,000 in credit card debt at 18% interest compounded monthly. How many months will it take to pay off this amount: If he makes a $350 payment each month? If he makes a $350 payment each month? If he makes a $350 payment each month? If he makes a $350 payment each month? If he makes a $350 payment each month? If he makes a $520 payment each month? If he makes a $520 payment each month? If he makes a $520 payment each month? If he makes a $520 payment each month? If he makes a $520 payment each month? What is the interest rate on loans with the following terms? What is the interest rate on loans with the following terms? What is the interest rate on loans with the following terms? What is the interest rate on loans with the following terms? What is the interest rate on loans with the following terms? What is the interest rate on loans with the following terms? On $10,000 borrowed, pay $2,000 a year for 6 years. On $10,000 borrowed, pay $2,000 a year for 6 years. On $10,000 borrowed, pay $2,000 a year for 6 years. On $10,000 borrowed, pay $2,000 a year for 6 years. On $10,000 borrowed, pay $2,000 a year for 6 years. On $2,000 borrowed, pay $100 a month for 25 months. On $2,000 borrowed, pay $100 a month for 25 months. On $2,000 borrowed, pay $100 a month for 25 months. On $2,000 borrowed, pay $100 a month for 25 months. On $2,000 borrowed, pay $100 a month for 25 months. On $2,000 borrowed, pay $100 a month for 25 months. Answer these questions: Answer these questions: Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? Jack deposits $3,000 a year at 4% interest. In how many years will he have $50,000? How many years would it take $100 to become $1,000 at 15% interest? How many years would it take $100 to become $1,000 at 15% interest? How many years would it take $100 to become $1,000 at 15% interest? How many years would it take $100 to become $1,000 at 15% interest? How many years would it take $100 to become $1,000 at 15% interest? How many years would it take $100 to become $1,000 at 15% interest? How many years would it take $100 to become $1,000 at 15% interest? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does that represent? A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, A preferred stock is expected to pay an $8 annual dividend every year forever. If comparable market interest rates are 9%, what is the value of this stock? what is the value of this stock? what is the value of this stock? what is the value of this stock? Answer these additional questions: Answer these additional questions: Answer these additional questions: Answer these additional questions: Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. Amy’s parents deposited $10,000 in a savings account earning 3% interest compounded monthly when she was born. How much will the account have when Amy is 21 years old? How much will the account have when Amy is 21 years old? How much will the account have when Amy is 21 years old? How much will the account have when Amy is 21 years old? How much will the account have when Amy is 21 years old? How much will the account have when Amy is 21 years old? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Beth is to receive $5,000 in 10 years. If Beth could be earning an 11% return on this money, what is it’s present value? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Cameron has been depositing $50 a month into a 6% account for the last 5 years. How much is in his account? Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Dave has recently retired, and is being paid an annuity of $24,000 a year for the rest of his life. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. Statistically, he expects to live for 18 years. Using a 7% discount rate, find the present value of the annuity. • Show less