Problem 3.21 – Investments and Interests
Fundamentals of Corporate Finance
Berk, DeMarzo, and Harford
05th Edition
Given the investment, interest per year, and time passed… – find the balance in the account and the amount that corresponds.
Given the investment, interest per year, and time passed… – find the balance in the account and the amount that corresponds.
Determine the future value of some money at various interest rates.
Determine the present value of an amount of money at various interest rates.
Given interest per year, and when you deposit the money… determine how much you will have in the bank in two years.
Your cousin is going to college. Determine the amount to put away.
Given the payment immediately and after retirement… determine which alternative should she choose given three different interest rates.