2. Suppose you need $20,000 in three years to pay tuition at MU. If you...
50.1K
Verified Solution
Link Copied!
Question
Finance
2. Suppose you need $20,000 in three years to pay tuition at MU. If you can earn 8% on your money, how much do you need to set aside in savings today? A. $33,454 B. $14,998 C. $15,877 D. $15,981 3. Deposit $5000 today in an account paying r. If we will get $10,000 in 10 years, what rate of return are we being offered? A. 9.12% B. 5.67% C. 7.18% D. 10.21% Deposit $3000 today in an account paying 10%. If you will need $8000, how long will you have to wait? 4, A. 11,43 years B. 10.01 years C. 10.29 years D. 12.92 years Rarely Prudent, Inc. has an unfunded pension liability of $225 million that must be paid in 17 years. If the relevant discount rate is 8.5%, what is the present value of this liability? 5. A. $56,218,204 B. $45,613,934 C. $52,391,136 D. $39,034,011
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.