15000 in 8 years Your opportunity cost is 1 1 compounded ann

$15,000 in 8 years. Your opportunity cost is 1 1%, compounded annually, You expect to receive current value to you today?Your o 8 3. 8,0,15000)? 6,508.9 what is the pv:011, ) You plan to deposit $9500 will you have saved in this account?dccount per quarter into an account that will earn 12%. At the end of 15 years, how much into an 4.

. 3. current value = 15,000/1.11^8 = 6,508.90

4. assuming the compounding is annual:

amount deposit per year = 9500 * 4 = 38,000

PMT = 38,000, PV = 0, N = 15, rate = 12%

use FV function in Excel

future value = 1,416,629.16

$15,000 in 8 years. Your opportunity cost is 1 1%, compounded annually, You expect to receive current value to you today?Your o 8 3. 8,0,15000)? 6,508.9 what i

15000 in 8 years Your opportunity cost is 1 1 compounded ann

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