Price
$5

use time value of money tables, Excel or a financial calculator to calculate the values for each scenario. Remember to include all inputs and outputs .

1)You invest $10,000 today at 9% per year. How much will you have in 15 years?

2)What is the current value of $100,000 after 10 years if the discount rate is 12%?

3)You invest $3,000 for 20 years at 11%. How much will you have after 20 years?

4)How much must you set aside each year to accumulate $75,000 after 15 years? The interest rate is 10%.

5)How much must you repay each year for five years to pay off a $25,000 loan that you just took out? The interest rate is 8%.

6)A credit card company quotes a nominal APR (annual percentage rate) of interest of 15%. What is the effective rate of interest?

**Title:**
Calculations

**Length:**
2 pages
(550 Words)

**Style:**
APA

**Preview**

Use time value of money tables, Excel or a financial calculator to calculate the values for each scenario. Remember to include all inputs and outputs .

1)You invest $10,000 today at 9% per year. How much will you have in 15 years?

2)What is the current value of $100,000 after 10 years if the discount rate is 12%?

3)You invest $3,000 for 20 years at 11%. How much will you have after 20 years?

4)How much must you set aside each year to accumulate $75,000 after 15 years? The interest rate is 10%.

5)How much must you repay each year for five years to pay off a $25,000 loan that you just took out? The interest rate is 8%.

6)A credit card company quotes a nominal APR (annual percentage rate) of interest of 15%. What is the effective rate of interest?

* Once your purchase is processed by paypal you will be redirected back to this page and you'll have the option to download the paper. We'll also send the paper to your paypal email address as proof of purchase.Download Paper