Question

NEED HELP ASAP!
c. Leave half of your $2,000 in savings, and invest the other half in the stock market. Do the same each year, putting $1,000 in stocks and the other $1,000 in savings. You earn 3 percent on your savings account and 10 percent on your stock investments. How much will you have earned from your savings account after 10 years? How much will you have earned from your stock investments after 10 years? How much money will you have between your savings account and your stocks combined after 10 years?

Money Earned from Savings Account:

Money Earned from Stock Market:

Total Money:

(15 points)
Score
2. Your family gives you $5,000 as a college graduation present. You are about to start paying off $50,000 in student loans at a 4 percent interest rate for a 15-year loan. You could use this money to pay some of your loans, but you could also invest it.

a. Calculate the monthly payments and total payment you will be making on your loan if you do not use the $5,000 to make an initial payment.

Monthly Payment: $370

Total Amount Paid:

b. Calculate the monthly payments and total payment you will be making on your loan if you do use the $5,000 to make an initial payment.

Monthly Payment:

Total Amount Paid:

c. List two ways you could invest the money, and describe the expected returns from each method over a 15-year period.

d. What would you do with the $5,000? Explain why your choice makes financial sense to you.

Answer 1

Can anybody help me?

Answer 2

@aidan2001 can you help?

Answer 3

One sec

Answer 4

This question is mainly personal opinion. However, some accounting is needed. For this, I would rewrite out the information in a way that makes more sense to you.

Answer 5

I had to do that, as I was lost easily.

Answer 6

ok i'll try

Answer 7

@zarkam21

Answer 8

I got lost on the calculations. Wouldn't want you to get it wrong

Answer 9

i did the calculation it dont seem right

Answer 10

Thats why i wanted to see if @zarkam21 can help me also

Answer 11

@Vocaloid