3 GMG Studios plans to invest $55,000 at the end of each year for the next five years. There are three investment options available. Annual Rate Interest Compounded 2 points Option 1 Option 2 Option 3 5% 7% 10% Period Invested Annually 5 years Annually 5 years Annually 5 years eBook Print Required: Determine the accumulated investment amount by the end of the fifth year for each of the options. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Option 1 References Option 2 Option 3 Mc Graw Hill Accumulated Investment Amount Prev 3 of 5 Next > Check my work 3
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- GMG Studios plans to invest $60,000 at the end of each year for the next three years. There are three investment options available. Annual Rate Interest Compounded Period Invested Option 1 7% Annually 3 years Option 2 9 Annually 3 years Option 3 11 Annually 3 years Required:Determine the accumulated investment amount by the end of the third year for each of the options.GMG Studios plans to invest $60,000 at the end of each year for the next three years. There are three investment options available. Period Annual Interest Compounded Annually Annually Annually Invested Rate Option 1 Option 2 Option 3 3 years 3 years З years 7 8 11 Required: Determine the accumulated investment amount by the end of the third year for each of the options. (FV of $1, PV of $1, EVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.) Accumulated investment amount Option 1 Option 2 Option 3GMG Studios plans to invest $58,000 at the end of each year for the next five years. There are three investment options available. Annual Rate 58 7% 10% Option 1 Option 2 Option 3 Interest Compounded Annually Annually Annually Option 1 Option 2 Option 3 Required: Determine the accumulated investment amount by the end of the fifth year for each of the options. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Accumulated Investment Amount Period Invested 5 years 5 years 5 years I
- Which of the following investments will have the highest future value atthe end of 10 years? Assume that the effective annual rate for allinvestments is the same. a. Investment E pays $250 at the end of every year for the next 10 years (a total of 10 payments). b. Investment B pays $125 at the end of every 6-month period for the next 10 years (a total of 20 payments). c. Investment C pays $125 at the beginning of every 6-month period for the next 10 years (a total of 20 payments). d. Investment D pays $2,500 at the end of 10 years (a total of one payment). e. Investment A pays $250 at the beginning of every year for the next10 years (a total of 10 payments).An investment will pay $16,700 at the end of each year for eight years and a one-time payment of $167,000 at the end of the eighth year. (FV of $1, PV of $1. FVA of $1, and PVA of $1) Note: Use the appropriate factor(s) from the tables provided. Required: Determine the present value of this investment using a 6 percent annual interest rate. Note: Round your Intermediate calculations and final answer to nearest whole dollar. Present value of investmentAn investment will pay $16,400 at the end of each year for eight years and a one-time payment of $164,000 at the end of the eighth year. (FV of $1. PV of $1, EVA of $1, and PVA of $1) Note: Use the appropriate factor(s) from the tables provided. Required: Determine the present value of this investment using a 6 percent annual interest rate. Note: Round your intermediate calculations and final answer to nearest whole dollar. Present value of investment
- Accounting 2) You set up a 45-year investment plan with the intention of amassing 1,500,000 at the end of the 45 years. Assume an average return of 7% per year. a) Set up an IVP that describes the progress of the 45-year investment plan. (You will be putting in a fixed payment each month) b) What should be your monthly payment over the 45-years to ensure your investment plan reaches 1,500,000? c) What should your monthly payment be if you were to start an investment plan reaching the same $1,500,000 over 20 years?Algoe expects to invest $2,500 annually for 15 years to yield an accumulated value of $62,822.50 on the date of the last investment. For this to occur, what rate of interest must Algoe earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Future Value Annuity Payment Table Factor Interest Rate %An investment company has presented you with four investment proposals for the next six years with a fixed 9% annual interest rate: a) invest €5,000 now; b) invest €1200 at the end of each year for the next 5 years; c) invest €3000 now and in addition €500 at the end of each year for the next 5 years; d) invest €2000 at the end of the first, third and fifth years. Assuming this is the beginning of your first year, which investment offer allows you to accrue the most?
- Today, Thomas deposited $130,000 in a three-year, 12% Investment account that compounds quarterly. What is the of the investment account? maturity value Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of S1, PV of $1. EVA of $1. and PVA of $1.John Doe currently has $12,000 and decides to make a 4-year investment, which is compounded semiannually at an 8% interest rate per year. Determine the future value and interest. Group of answer choices A.$15,422.84 and$2,244.84 B.$12,642.48 and $4,422.84 C.$14,622 and $4,242 D.$16,422.84 and $4,422.84If 39600 dollars is invested at an interest rate of 9 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent. (a) Annual: S (b) Semiannual: $ (c) Monthly: $ (d) Daily: $ Question Help: OVideo > Next Question Activate Windows Go to Settings to activate Windows. 12:15 PM