$25.00

Share on facebook

Share on whatsapp

Share on twitter

Share on pinterest

Share on linkedin

Share on reddit

Share on skype

Share on email

1. **Question:** (TCO B) Your daughter has just given birth to your first grandchild. You decide to start a college fund for the child. You want the fund to have $300,000 in it when the child turns 18. You think you can get a return of 10% per year on your investment. How much should you deposit in the fund?

Ignore taxes. Show your work. If you use Excel, show the formula with the parameters, and the answer. If you use a formula, provide the standard formula, the formula with terms substituted, and the answer. If you use a calculator, show the inputs and the answer.

2. **Question:** (TCO B) You want to buy a car. To do so, you will need to take out a loan in the amount of $22,000. The longest you are willing to pay on the loan is five years. The interest rate on this type of loan is 5.0% per year.

How much will the equal monthly payments be?

Ignore taxes. Show your work. If you use Excel, show the formula with the parameters, and the answer. If you use a formula, provide the standard formula, the formula with terms substituted, and the answer. If you use a calculator, show the inputs and the answer.

3. **Question:** (TCO B) You want to have $1,000,000 in 30 years. You already have $50,000. You think you can get a 7% annual return on your money. How much per year will you have to save to get to $1,000,000?

Ignore taxes. Show your work. If you use Excel, show the formula with the parameters, and the answer. If you use a formula, provide the standard formula, the formula with terms substituted, and the answer. If you use a calculator, show the inputs and the answer.

- Blog
- Reviews
- Library
- Contact
- About Us
- How It Works
- DMCA Policy
- Refund Policy
- Cookie Policy
- Privacy Policy
- Terms of Services

- Take My Online Class
- Do My Homework
- MyMathLab Answers
- MyStatLab Answers
- MyAccountingLab Answers
- CPM Homework Help
- Math Homework Help
- Online Homework Helper
- Pay To Take Online Class
- Finance Assignment Help
- Online Final Exams Help

- Take WIC Online Class
- Coursework Writing Service
- Buy Research Paper
- Thesis Writing Service
- Dissertation Writing Service
- Course Project Help
- Case Study Help
- College Paper Writing Service
- Do My Statistics Homework
- Essay Writing Service
- Economics Homework Help

- Programming Homework Help
- English Homework Help
- Online Test Takers
- Take My Online Quiz
- Paid Service Online Class Help
- Help With My Online Class
- Online Business Class Help
- Take My Online Lab
- Algebra Homework Help
- College Homework Help
- MBA Assignment Help

- Disclaimer: The services provided are meant to assist the buyer by providing a guideline and the product provided is intended to be used for research or study purposes.