5) Using an online tool like Calculator Soup https://www. calculatorsoup/calculators/financia l/future-value-annuity-calculator. php Calculate the FV of an annuity that grows. The person will save $200 at the end of the first month. They will increase their savings by 1.0% per month. (2nd month will be $202.00, etc.) bgs Interest will be compounded monthly and earn an average annual rate of 7.00% a) What will be the future value of this person's retirement account in 20 years b) If they followed this plan, what would be their 240th (last) deposit amount

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) current bond price

According s.m.a.r.t guidline goal should be