TVM Review. What would your future value be if you invested $8,000 at 3% interest compounded quarterly for 15 years?

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Presentation transcript:

TVM Review

What would your future value be if you invested $8,000 at 3% interest compounded quarterly for 15 years?

Suppose you invest $550 at an annual interest rate of 6.2% compounded semiannually. How much will you have in the account after 7 years?

How much money invested at 3.75% compounded weekly for 20 years will yield $4,000?

Juan wants to invest $1,750 in an account that earns 3.28% interest, compounded monthly? How many years will it take for the account to have a value of $4,000?

If the annuity pays 4.5% annual interest, compounded monthly. Determine the monthly payments one needs to make over 35 years to have $750,000 at the time of ones retirement.

If you are 25 years old and you can invest in an annuity earning 3.75%