 If you were in my situation, what would you do? |
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Or is it 24 hours, 5 days per week, 52 weeks per year?
Additional Details
I have two people saying that there are no holidays and one that says there are a few. Anyone seeing this mind ... |
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Who believe that market timing and charting actually works?
Additional Details
Yeah I think my question was a bit arrogant but I was just trying to insure responses.
I guess ... |
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 Will this make me a millionaire? |
will, i become amillionaire, if i buy atleast $4,000.00 in I-bonds
every year for ten years,
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also does anyone know how much ... |
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Susan | Investment problem? |
find the present value of the future value.
$5000, invested for 9 years at 6% compounded quarterly
Additional Details
it's homework. that's all it says. |
 |
 
PK
 |
The present value of $5,000 after 9 years of quarterly compounding at a rate of 6% payable per quarter is $613.704.
The compounding rate is important and I want to make sure you understand - this is the answer if the 6% is payable every quarter, and not an annual rate.
If the 6% is an annual rate compounding quarterly, the answer is $2925.45. |
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bryan50502003
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More info please 6% Quarterly 8545.64 or 6% annually is 2500 rounded. |
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trader
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If $5000 is the future value, then if you had invested $650.53 at interest of 6% per quarter, then in 9 year you will have the $5000. |
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Dean *
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$8545.6852 |
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Spock (rhp)
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your problem is worded incorrectly, or lacks some critical information.
you give us only three data bits ... an amount but not a frequency [one time, every month, etc.] and lacking when the amount is available, a period, and an interest rate.
if you wish to calculate a present value, you must supply the discount rate to be used ... unless it is the same 6% annual rate, in which case the present value of the future value is the present amount.
please clarify |
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