• 2022-06-07
    You want to have $30,000 saved 5 years from now to buy a house. How much less do you have to deposit today to reach this goal if you can earn 3.5 percent rather than 2.5 percent on your savings? Today's deposit is the only deposit you will make to this savings account.
    A: 1256.43
    B: 891.18
    C: 1124.6
    D: 1219.02
  • A

    内容

    • 0

      What must you do if you want to open a current account A: You have to deposit some money. B: You have to pay some money. C: You have to present your ID card. D: You have to present your credit card.

    • 1

      You have $5,000 you want to invest for the next 45 years. You are offered an investment plan that will pay you 6 percent per year for the next 15 years and 10 percent per year for the last 30 years. How much will you have at the end of the 45 years? How much will you have if the investment plan pays you 10 percent per year for the first 15 years and 6 percent per year for the next 30 years?

    • 2

      The Bluebird Company has a $10,000 liability it must pay three years from today. The company is opening a savings account so that the entire amount will be available when this debt needs to be paid. The plan is to make an initial deposit today and then deposit an additional $2,500 a year for the next three years, starting one year from today. The account pays a 3% rate of return. How much does the Bluebird Company need to deposit today? ( ) A: $1,867.74 B: $2,079.89 C: $3,108.09 D: $4,276.34

    • 3

      If you want to save up $60,000 in your account at the end of 3 years, and the compound interest rate is 6% per annum, how much should you deposit today? A: 10,000 / (1+0.06)3 B: 60,000 x (1+0.06)3 C: 60,000 / (1+0.06)3 D: 10,000 / (1+0.06)2

    • 4

      You have two years to go before you graduate from college, the graduation tour will cost 3,000 yuan. There is a financial account where the annual rate of return is 6%. How much money do you need to deposit in your financial account to save enough money for your graduation travel expenses? A: 2669.9 yuan B: 2668.1 yuan C: 2669.99 yuan D: 2669.98 yuan