What is the future value of $7,200 deposited at the beginning of each year for 7 years earning 8% interest with interest compounded annually?

Q: What is the future value of $2,500 deposited at the end of each quarter year for 15 years earning 8%…

A: In the given question we need to compute the future value of $2500 deposited at the end of each…

Q: What is the future value of a single $5,000 deposit earning 8 percent interest, compounded monthly,…

A: Formula:

Q: what is the future value of $13000 received today and deposited 7 years in an account that pay 12%…

A: Future value can be referred to as the value of an underlying asset or security at a future date.…

Q: What is the future worth of a series of equal yearly deposits of $6,000 for 6 years in a savings…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: You have $1,800 to invest today at 8% interest compounded annually. Find how much you will have…

A: Information given in the question is as below: Investment today = $1800 Interest rate = 8% Time…

Q: What is the future value of $3.00 (three dollars) deposited at the end of each week for 3 years…

A: Given, Periodic deposit = $3 Time period = 3 years Deposit frequency = Weekly Interest rate = 9% We…

Q: What is the future value of $875 deposited for one year earning an 8 percent interest rate annually?

A: Future value can be described as the future worth of a specific amount at a certain future date.It…

Q: Suppose that you invest $9,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…

A: Compound interest is the total interest earned during the investment period. It considers…

Q: Find the final amount of money in an account if $700 is deposited at 6.5% interest compounded…

A: The future value is the future worth of the amount that will be paid or received in the future.

Q: Find the present value of the following annuities: 1. 100 payable every month for 10 years if the…

A: Present value is referred as the current value of future sum of funds or the cash streams that are…

Q: What is the present value of $17,000 deposited at the end of each year for 23 years earning 9.5%…

A: We need to compute the present value in this question using following details : Deposit at end of…

Q: What is the future value of $9,000 deposited at the end of each year for 4 years earning 7% interest…

A: Given details are : Each year deposit = $9000 Time period = 4 years Interest rate = 7% Compounding…

Q: Calculate the future value after 3 years if $1,000 is deposited at 1.2% interest compounded monthly.

A: Calculate the future value after 3 years if $1,000 is deposited at 1.2% interest compounded…

Q: The present value of a savings account that will earn 3 percent annual interest and be worth $2,000…

A: Given: Rate of interest = 3% Future value is $2,000 Formula to calculate present value: Where,PV is…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Deposit amount (P) = $ 12000 Period = 5 Years Number of quarterly period (N) = 5*4 = 20 Annual…

Q: Calculate the future value of $15,000 received today and deposited for eight years in an account…

A: Future value can be referred to as the value of an underlying asset or security at a future date.…

Q: What will the deposited amount be at the end of 5 years if P15,000 is deposited in an account…

A: Information Provided: Term = 5 years Rate = 4% compounded quarterly Principal = 15,000

Q: What is the compound interest and accumulated value of: 30,000 principal , 7% rate that is…

A: Compound Interest is the interest that is calculated on the initial principal plus the accumulated…

Q: What present amount of money must be deposited at 11% interest compounded annually to grow to…

A: Formula to calculate compound interest is: A = P(1+r/n)^nt Where A is the future value, P is the…

Q: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

A: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

Q: You have $1,500 to invest today at 7% interest compounded annually. a. Find how much you will have…

A: We need to use compounding interest formula to solve this problem A=P(1+i)n  Where A= Accumulated…

Q: You invest $13,000 at 18% interest, compounded monthly, for 2 year

A: Future value of investment under compound interest method: Future value = P×(1+rf)n×f Where, P =…

Q: Find the present and the future value of quarterly payments of $2,000.00 for 5 years with interest…

A: Present value: It can be defined as today’s worth of an investment that will be received in the…

Q: if $204 is deposited in a savings account at the beginning of each year for 12 years and the account…

A: The given problem can be solved using FV function in excel. FV function computes amount balance in…

Q: what is the balance in an account at the end of 10 years if 5,000 is deposited today at the account…

A: The  following formula is to be used in order to find out the balance in  account A =P[1+r/n]nt…

Q: What is the future value of $1,250 deposited at the end of each quarter year for 10 years earning 9%…

A: Given details are : Each quarter deposit = $1250 Time period = 10 years = 40 quarters Interest rate…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: The future value of the account can be computed by using the future value of a single deposit…

Q: You have $1,500 to invest today at 7% interest compounded annually. How much will you have…

A: this future value which is what our investment is worth if invested today at given rate  future…

Q: What is the (a) present value and (b) compound interest earned for 3 years and 9 months of P84,500…

A: Given,  The future amount is P84,500 Rate is 20% Term is 3 years and 9 months

Q: calculate the principal sum which, if deposited at 9.5% compound interest, will grow to £400 after…

A: Interest rate (r) = 9.5% compounded Future value (A) = £400 Time (n) = 3 years Principal (P) = ?

Q: What is the present value of $250 annual payments received at the end of each of the next five…

A: Discounting is a technique to compute the present value (PV) of a future amount by using the…

Q: Suppose that you invest $5,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…

A:

Q: Compute the future value of the following single investments: 2. P20,000 at 8% interest compounded…

A: The future value function can be used to compute the required value after 4 years

Q: You deposit $6000 in an account earnings 7% interest compounded monthly. How much you will you have…

A: future value formula: future value = present value×1+RMM×N where, R=rate M=frequency

Q: Find the lump sum deposited today that will yield the same total amount as payments of 250 at the…

A: This is a case of determining present value of an annuity.  Annuity value (FV) = $250 Number of…

Q: What is the amount of interest earned on $2,000 for five years at 10% simple interest per year?

A: Simple Interest: It is one of the easiest method to compute the interest on a loan. Simple interest…

Q: WSS Financial is paying 9% interest compounded monthly. Find the future value of P60,000 deposited…

A: Given, The quarterly payments P60,000 Number of years is 4. Rate of interest is 9% compounded…

Q: What interest will be earned if 4,000 dollars is invested for 4 years at an annual rate of 7%…

A: The interest will be the future value of the investment less the amount invested.

Q: The future value of a $100 investment today at 8 percent annual interest compounded semiannually for…

A: Future Value It is the value of an investment after holding the same for specific amount of years…

Q: What is the future value of $1,500 invested today at 7% interest in 6 years with interest compounded…

A: In given question we need to compute the future value of $1500 invested today for 6 years at 7%…

Q: FIND THE AMOUNT OF 12,000 AFTER 2 YEARS COMPOUNDED ANNUALLY, THE RATE OF INTEREST BEING 5 DURING THE…

A:

Q: What is the future value of $500 deposited for 1 year earning an 8% interest annually?

A: Given: Present value = $500 Number of period = 1 year Interest rate = 8% = 0.08

Q: The annual amount of a series of payments to be made at the end of the next twelve years is P500.…

A: Answered:

Q: what is the present value of a stream of payments that begin in year one at $5000 and increase by…

A: Information Provided: Interest rate = 8% Year 1 payment = $5000 Increment in payment = $500

Q: Solve for the compound amount and compound interest at the end of 1 year if S7,000 is invested at 4%…

A: An interest rate method in which current interest is computed by multiplying the interest rate by…

Q: How much can be accumulated for retirement if $12,000 is deposited annually, beginning one year from…

A: Given information: Annual deposit amount is $12,000 Interest rate is 9% Number of years is 17

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: The future value of the account can be computed by using the future value of a single deposit…

Q: What is the future value of $1,100 invested today at 5% interest in 3 years with interest compounded…

A: In given question we need to compute the future value of $1100 invested today at 5% for 3 years.