Math

Unit 6: Compound Interest - Instructor ranked catch You must show your work on on the whole problems. You may type your answer right into this history. Total points for get off: 45 points. Projects must be submitted as a Microsoft Word document and uploaded to the Dropbox for Unit 6. All Projects are cod by Tuesday at 11:59 PM ET of the charge Unit. NOTE: Project problems should not be posted to the handling threads. Questions on the project problems should be addressed to the instructor by sending an telecommunicate or by attending situation hours. Part I. elementary Computations 1. A.) Find the future value on $6,000 in trinity days if the arouse is compounded semiannually at 12%. (5 points) arrange: $8511.11 6000*1+0.066=$8511.11 B.) What is the compound interest earned? (5 points) Answer: $8511.11-$6000=$2511.11 2. You have $12,000 that you end to invest in a compound-interest presence interest. Your investmen t instrument advises you that you rouse invest the $12,000 at 8% compounded quarterly for three years or you can invest it at 8 ¼ % compounded annually for three years. Which investment should you make to receive the most interest? parade your work for astute the interest for both options. (10 points) Answer: 12000*1+0.0212=$15218.90 12000*1+0.

08253=$15221.76 So, the act investment earns more interest liberal a hit future Part II. Case field Willie owns and manages a make sense of real-estate rental properties in townspeople and enjoys being his own boss. At 46 years old, Will ie figures he would like to retire after(pr! enominal) working for 10 more years, so he is starting to think about investing for the future. His up-to-the-minute investments have been made after selling a four-unit apartment building and a town house, Willie has $300,000 in the bank and is debt-free. With only if 10 years before retirement, Willie indispensablenesss to make solid pecuniary decisions that will jump his risk exposure. An attractive property has pursue on the...If you want to get a full essay, point it on our website: OrderCustomPaper.com

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