How many semi-annually payments will it take for $550.00 deposited at the end of each half year to- monthly? FV-$ PMT =$ C/Y= i-
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- How many semi-annually payments will it take for $550.00 deposited at the end of each half year to amount to $12500.00 at 6% compounded monthly? FV = $ PMT = $ I/Y = C/Y = i = c = p = Total number of payments = Please answer in sequence fill all partsWhat is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 6.2%, compounded semiannually, so that the account will have a future value of $200,000 at the end of 13 years? (Round your answer to the nearest cent.) $ 3282.24 Need Help? Read ItHow many semi-annually payments will it take for $550.00 deposited at the end of each half year to amount to $12500.00 at 6% compounded monthly?
- What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 7.6%, compounded semiannually, so that the account will have a future value of $150,000 at the end of 18 years? (Round your answer to the nearest cent.)$_____If you borrow $5,300 at $400 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers to 2 decimal places.) a. Annual payment b. Semiannual payments c. Quarterly payments d. Monthly payments Effective rate % op % %What is the quarterly payment on a loan of $22,000 for 5 years at i= 8% per year, compounded semi-annually? Assume that interperiod cash flows earn compound interest (ABET, SO1) Select one: O a. 1220 O b. 1342 O c. 1281 O d. 1403 O e. 1464
- How long will it take $200 to double if it earns the following rates? Compounding occurs once a year. A. 18% B. 100%If you borrow $5,300 at $900 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers to 2 decimal places.) Effective rate a. Annual payment % b. Semiannual payments % c. Quarterly payments % d. Monthly payments %What parameter is this question asking for? What deposit made at the end of each month will accumulate to $10,000 in five years at 4% compounded monthly? Select one: a. n b. PMT c. FV d. i e. PV
- An amount of $8,430 is deposited into an account earning 7% interest compounded quarterly. How much will be in the account in 5 years and 9 months? Round the answer to the nearest cent. P/Y = C/Y = N = I/Y = PV = PMT = FV =Account A pays 8% compounded annually, account B pays 10% compounded annually, and account C pays 12% compounded annually. If you need $15,000 three years from now, which account will you deposit the most?A. Account AB. Account BC. Account C