Your grandmother just gave you $8,000. You'd like to see what it might grow to if you invest it. a. Calculate the future value of $8,000, given that it will be invested for 5 years at an annual interest rate of 6%. b. Recalculate part (a) using a compounding period that is semiannual (every six months). c. Now let's look at what might happen if you can invest the money at an annual rate of 12% rate rather than a 6% rate; recalculate parts (a) and (b) for an annual interest rate of 12%. d. Now let's see what might happen if you invest the money for 12 years rather than 5 years; recalculate part (a) using a time horizon of 12 years (annual interest rate is still 6%). a. Calculate the future value of $8,000, given that it will be invested for 5 years at an annual interest rate of 6%.

If you invest for 5 years at 6% annually, the future value is $___. (Round to the nearest cent.)

Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.