Question: Question 12 (1 Point) You Are Going To Make $1000 Annual Payments. The First One Will Start In 5 Years From Now And Last One Will Be In 11 Years From Now. If The Rate Is 10% What Is The Present Value Of These 7 Payments Today? $2974.70 $3325.20 $3643.83 $3933.49 After Taking Her FIN325 Class Maria Decided To Invest $5000 After She Graduates In 2 Years. …
Transcribed Image Text from this Question
Question 12 (1 point) You are going to make $1000 annual payments. The first one will start in 5 years from now and last one will be in 11 years from now. If the rate is 10% what is the present value of these 7 payments today? $2974.70 $3325.20 $3643.83 $3933.49 After taking her FIN325 class Maria decided to invest $5000 after she graduates in 2 years. She hopes that she can gain 18% interest rate on her investment. How long does she need to wait from today until her money grows to $15000? 8.03 8.64 9.86 13.53
Is this your assignment or some part of it?
We can do it for you! Click to Order!
