# Time Value of Money Assignment | Homework For You

8. With respect to the time value of money, the future value of a given dollar amount has what kind of relationship to the rate of interest used in computing the future value? A) no relationship B) logarithmic C) a positive relationship D) a negative relationship

Don't use plagiarized sources. Get Your Assignment on
Time Value of Money Assignment | Homework For You
Just from \$13/Page

16. The time value of money is primarily about inflation. A) True B) False

18. Betty White is ready to retire and would like to buy an annuity that would guarantee her afixed income. The annuities are as follows:
Annuity: Cost of Annuity: Annual Annuity Payment: Duration of Annuity(years)
A \$50,000 \$8,500 12
B \$60,000 \$7,000 25
C \$70,000 \$8,000 20

Question: Alternatively, Betty could earn 11 percent on her money by placing it in a savings account. What should she do with her money? A) Purchase Annuity A B) Purchase Annuity B C) Purchase Annuity C D) Place her money in a savings account

Use the following to answer questions 20-21. Montgomery Burns, age 60, wants to retire at age 80 in order to steal candy from babies full time. Once Mr. Burns retires, he wants to withdraw \$1 million at the beginning of each year for 10 years from a special offshore account that will pay 20 percent annually. In order to fund his retirement, Mr. Burns will make 20 equal deposits in this special account.

20. How much money will Mr. Burns need at age 80? A) \$4,192,472.09 B) \$5,030,966.50 C) \$6,191,736.42 D) \$31,150,418.53

21. How much will Mr. Burns need to deposit each year, at the end of the year, in order to fund his retirement? A) \$22,457.11 B) \$26,948.53 C) \$33,166.23 D) \$251,548.33 Get Finance homework help today

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Retail
great
Customer 463473, November 14th, 2022
Ethics
Thanks so much!!!
Customer 454087, June 24th, 2020
Excellent.
Customer 453509, May 23rd, 2022
Thank you for following and revising all the comments. Keep it up
Customer 463249, February 28th, 2023
Nursing
Good well done!!!
Customer 453939, April 2nd, 2020
Excellent work!
Customer 463469, October 17th, 2022
well done
Customer 452441, April 14th, 2022
Education
Good work. Thank you for following the instructions and the corrections, and making the necessary changes.
Customer 463679, March 3rd, 2023
English 101
Looks really good, thanks
Customer 454425, June 16th, 2020
Statistics
Super professional and highly qualified. Excellent customer service.
Customer 462485, May 29th, 2022
History
The work was really good and done on time.
Customer 454439, June 1st, 2020
Military
good job
Customer 456821, May 18th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend