QUESTION 1 10 pointsSave Answer How much would $10 be worth afer 5 years , you r

Question

QUESTION 1 10 pointsSave Answer How much would $10 be worth afer 5 years , you received 68% interest per year, compounded monthly? QUESTION 2 10 points Save Answer How much would $4.314 be worth after 5 years if you received 2.8% interest per year, compounded quarterly? QUESTION 3 10 points Save Answer If you want to have $5,032 at the end of 19 years, how much must you invest now, if the interest rate is 16.6% per year, compounded quarterly? QUESTION 4 10 points Save Answer you won a S80,802 lottery prize at age 18 and invested it at 6.9% compounded 2 times a year, how much would it be worth,you retired at age 65? QUESTION 5 10 points Save Answer "you wanted to have $4,715,831 at age 66, how much would you have to invest at age 24 at 4% interest compounded 8 times a year? Click Save and Submit to saue and submir. Cick Saue All Ansipers to save all answers

Explanation / Answer

Question 1.

value of the money after five years=10*(1+(6.8%/12))^(5*12)

=14.04

The above should be the answer..

we do only one question based on Chegg rule

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