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You want to go to grad school 3 years from now and you can save...

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Accounting

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You want to go to grad school 3 years from now and you can save $5,000 per year. De immediately. You plan to deposit the funds in a mutual fund which you expect to retur Under these conditions, how much will you have just after you make the 3rd deposit, 3 years in a. $14,976.84 6. $16,110.34 * using a financcu calculator c. $17,513.68 d. $17,865.65 e. $18,349.15 You have a chance to buy an annuity that pays $1,000 at the end of each year for 5 years. You could cam 6% on your money in other investments with equal risk. What is the most you should pay for the annuity a. $3,324.89 b. $2,591.45 c. $4,212.36 d. $2,011.87 e. $3,854.13 Your father is about to retire, and he wants to buy an annuity that will provide him with $50,000 of income a year for 20 years, with the first payment coming immediately. The going rate on such annuities is 6%. How much would it cost him to buy the annuity today? *using a fincnual calallarft fusing a Finanadi calculara b. $416, 110.34 c. $517,513.68 d. $615,976.84 e. $488,349.15

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