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提问人：网友wtwt123 发布时间：2022-01-07

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Jones is planning on a cruise for his 70th birthday party. He wants to know how much he sh

ould set aside at the beginning of each month at 6% interest to accumulate the sum of $4,800 in five years. He should use a table for the:

A、Future value of an ordinary annuity of 1.

B、Future value of an annuity due of 1.

C、Future value of 1.

D、Present value of an annuity due of 1.

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更多“Jones is planning on a cruise for his 70th birthday party. He wants to know how much he sh”相关的问题

第1题

If you're looking to boost customer satisfaction, one of the most promising places to start is____________.

A、customer management

B、customer service

C、financial goals

D、stakeholder interest

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第2题

Jones won $5,000,000 in the state lottery which she has elected to receive at the end of each month over the next thirty years. She will receive 7% interest on unpaid amounts. To determine the amount of her monthly check, she should use a table for the:

A、Present value of an annuity of 1.

B、Future value of an annuity due of 1.

C、Present value of an ordinary annuity of 1.

D、Future value of an ordinary annuity of 1.

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第3题

An investment product promises to pay $42,000 at the end of ten years. If an investor feels this investment should produce a rate of return of 12 percent, compounded annually, what's the most the investor should be willing to pay for the investment?

A、$15,146.

B、$13,523.

C、$42,000.

D、$130,446.

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第4题

How much must be invested now at 9% interest to accumulate to $10,000 in five years?

A、$9,176.

B、$6,499.

C、$5,500.

D、$5,960.

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第5题

Today Jones deposited $100,000 in a three-year, 12% Certificate of Deposit (CD) that compounds quarterly. What is the maturity value of the CD?

A、$109,270.

B、$119,410.

C、$142,576.

D、$309,090.

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第6题

Jones wants to give Maria a $500,000 gift in seven years. If money is worth 6% compounded semiannually, what is Maria's gift worth today?

A、$66,110.

B、$81,309.

C、$406,545.

D、$330,560.

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第7题

Jones deposits $2,000 in an account on April 15, 2013. Assume the account will earn 3% annually. If she deposits $2,000 every April 15 for the next nine years, how much will she have on deposit on April 14, 2023?

A、$20,600.

B、$20,928.

C、$23,616.

D、$24,715.

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第8题

Jones will deposit $5,000 into a money market sinking fund at the end of each year for the next five years. How much will accumulate by the end of the fifth and final payment if the sinking fund earns 9% interest?

A、$32,617.

B、$29,924.

C、$27,250.

D、$26,800.

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第9题

Jones wants to cash in his winning lottery ticket. He can either receive five, $5,000 annual payments starting today, or he can receive a lump-sum payment now based on a 3% annual interest rate. What would be the lump-sum payment?

A、$23,586.

B、$22,899.

C、$21,565.

D、$23,000.

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