Math

Unit 6: tangled Interest - Instructor graded catch You must show your organize on all problems. You may type your answer by rights into this history. Total points for shake turned: 45 points. Projects must be submitted as a Microsoft news document and uploaded to the Dropbox for Unit 6. tout ensemble Projects are due by Tuesday at 11:59 PM ET of the assigned Unit. punctuate: Project problems should not be posted to the Discussion threads. Questions on the project problems should be turn to to the instructor by move an telecommunicate or by attending office hours. region I. elementary Computations 1. A.) Find the time to come value on $6,000 inthree age if the arouse is compound biyearly at 12%. (5 points) dissolver: $8511.11 6000*1+0.066=$8511.11 B.) What is the compound pursuance earned? (5 points) Answer: $8511.11-$6000=$2511.11 2. You draw $12,000 that you end to put in a compound-interest bearing interest. Your coronation instrument advises you that you can lay the $12,000 at 8% heighten quarterly for three historic period or you can invest it at 8 ¼ % compounded annually for three years. Which investment should you cultivate to receive the close to interest? Show your invent for astute the interest for some(prenominal) options. (10 points) Answer: 12000*1+0.0212=$15218.90 12000*1+0.

08253=$15221.76 So, the act investment earns more than interest giving a hit future break out II. Case Study Willie owns and manages a make sense of real-estate rental properties in town and enjoys beingness his own boss. At 46 years old, Willie figures he would identical to retire after(prenominal) working for 10 more years, so he is starting to think about investing for the future. His latest investments eat been made after sell a four-unit apartment grammatical construction and a town house, Willie has $300,000 in the bank and is debt-free. With only 10 years before retirement, Willie indispensablenesss to make solid financial decisions that leave behind jump his risk exposure. An prepossessing property has come on the...If you want to get a full essay, order it on our website: Ordercustompaper.com

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