Q: What is the discounted value of $1182.00 paid at the end of every year for 7 years if interest is…
A: rate of interest = 9% per annum compounded monthly converting into effective annual rate Effective…
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 present value of $1,000 paid at the end of each of the next 56 years if the interest…
A: Present value is the current worth of the amount deposited or received in future date.
Q: What is the future value of an initial $100 after 3 years if it is invested in an account paying 10…
A: Future value is defined as the current asset value at the date of future on the basis of an assumed…
Q: What is the present value of a stream of monthly payments of $500 each over 10 years, if the…
A: Monthly payment (P) = $500 Interest rate = 10% Monthly interest rate (r) = 10%/12 =…
Q: What is the effective annual rate of interest if $1000.00 grows to $1400.00 in two years compounded…
A: Introduction Effective annual rate of interest Effective annual interest rate refers to the form…
Q: How much should you invest into an account with 3.2% interest compounded quarterly if you want to…
A: Given that;Payment amount is $1000 Interest rate is 3.2%, as it is compounded quarterly, the rate we…
Q: What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded…
A: Given,Present Value (PV) = $3,100Rate of Interest (r) = 8.4% or 0.084Time Period (t) = 17 yearsType…
Q: What is the discounted value oft $780.00 paid at the end of every Six tmonths for 10 years if…
A: given, A=$780 n=10 year r=12% compounding (m)= 12 number of payment per period (q) = 2
Q: What is the future value of $2,500 deposited for one year earning a 14 percent interest rate…
A: In the given question we require to compute the future value of investment from following details:…
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: What amount will be paid at the beginning of every month for 10 years if the present value is 200,…
A: Payment at the beginning of every month = PV x r / [{1 - (1 + r)^(-n)} x (1 + r)] Here, PV = Present…
Q: What is the present value of a $900 annuity payment over five years if interest rates are 8 percent?
A: The present value of annuity refers to the current value of a series of future payments. The present…
Q: What is the future value of $700 deposited for one year earning 4 percent interest rate annually?
A: In the given question we need to compute the future value of $700 deposited today for one year at 4%…
Q: What is the present value of $5,500 received 9 years from now using a 12% interest or discount rate,…
A: Given details : Future value = $5500 Time period (n) = 9 years Interest rate (r) = 12% = 0.12…
Q: What is the present value of $5,000 paid at the end of each of the next 89 years if the interest…
A:
Q: What is the future value of $800 deposited each year for six years, compounded annually at 10…
A: RATE 10% NPER (n) 6 PMT 800
Q: What are the future value and the interest earned if $3400 is invested for 6 years at 8% compounded…
A: Future value is the value of present cashflow compounded at the specified rate to future date.…
Q: What is the present value of $10,000 to be received two years from today assuming an annual interest…
A: Present value: This is the amount of future value reduced or discounted at a rate of interest till…
Q: What is the present value of $100 to be received in 3 years if the annual interest rate is 10% and…
A: Given: Future value =$100 Time = 3 years Interest =10% So, present value =Future value/(1+…
Q: What is the future value of 1,000 over five years if 8% interest is paid annually ?
A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…
Q: (1) calculate the future value if $6,000 is deposited initially at 11% annual interest for 5 years.
A: In this question we need to compute the future value from following details : Initial deposit =…
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: Compute the future value of a $1500 deposit, after eight years, in an account that pays an interest…
A: Future value can be determined by compounding the present value.
Q: What will be the compound interest accrued on a sum of $3500 at the rate 8% in 2 years?
A: Given: Rate of interest (r)= 8% Time period = 2 years
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: If you invest $10,000 at an interest rate of 8.00% (annual rate) compounded quarterly, how much…
A: Given: Investment amount = $10000 Rate = 8.00% compounded quarterly To compute the amount of…
Q: What is the future value of an annuity of 15 deposits of $6407 at the end of each year with a…
A: Step1: Calculating the future value of annuity. We have,Future value of annuity = P [(1+r)n – 1] /…
Q: What are the future value and the interest earned if $2800 is invested for 3 years at 8% compounded…
A: INTEREST RATE (8%/4) 2.00% PERIOD (3*4) 12 PMT 0 PRESENT VALUE $2,800
Q: What is the future value in 10 years of 1500 payments received at the end of each year for tge next…
A: In the given question, 1,500 will be received (invested) at the end of each year for next 10 years.…
Q: What is the present value of $2,000 paid at the end of each of the next 88 years if the…
A: Annual payment (P) = $ 2000 Number of annual payments (n) = 88 Interest rate (r) = 8%
Q: What interest will be earned if $6500 is invested for 7 years at 10% compounded monthly? (Round your…
A: Compound interest is a method of calculating the interest to be paid for using the money lent in a…
Q: What is the future value of $600 after eight years at an annual interest rate of 6 percent
A: Future Value = Present Value * (1+rate)^ time
Q: What is the future value of $1,100 placed in a savings account for 4 years if the account pays 7%…
A: Following information is given in the question: Present value (Investment today) = $1100 Time period…
Q: What is the future worth of P8500 deposited every 3 months for 3 years if the interest is 10%…
A: Quarterly deposit (P) = P8500 Interest rate = 10% Quarterly interest rate (r) =…
Q: What is the present worth of a series of equal quarterly payments of $5000 that extends over a…
A: A concept that implies the future worth of the money is lower than its current value due to several…
Q: What is the future value of $850 deposited for one year earning an 10 percent interest rate…
A: The future value is the instalment payment of fixed amount at a certain date in the future with a…
Q: what is the present value of $800 to be received at the end of eight years assuming an interest rate…
A: The present value of the cash flow is the current worth of a cash flow at a certain rate of interest…
Q: What is the effective annual rate of interest if $900.00 grows to $1200.00 in four years…
A: Using excel RATE function
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: Consider a $5,000 deposit earning 10 percent interest per year for ten years. What is the future…
A: Future Value (FV)Future value is the specific value or amount of an investment at a specific date in…
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: What is the future value of $400 deposited for one year earning an interest rate of 9 percent per…
A: The provided information are: Present value (PV) = 400 Rate of interest (i) = 9% Number of year (n)…
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.
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityWhat is the future value of $700 deposited for one year earning 4 percent interest rate annually?Consider a $5,000 deposit earning 10 percent interest per year for ten years. What is the future value? how much total interest is earned on the original deposit? and how much is interest earned on interest?
- What is the present worth of annually payments ( 2000 $ ) if the first payment will deposit after five from now , and the last one will deposit at begin of the fifteenth year ? Assume interest rate ( 7 % ) ?What is the future value of $650 deposited for one year earning an 10 percent interest rate annually? (Do not round intermediate calculations. Enter your answer as a whole number.)Consider a $5,000 deposit earning 10 percent interest per year for 10 years. What is the future value, how much total interest is earned on the original deposit, and how much is interest earned on interest?
- What is the present value of a perpetuity that pays 1,000 per year beginning 1 year from now if the appropriate interest rate is 5%?What is the future value of a $1000 deposit made today, in 7 years, if r = 10% APR compounded annually?What is the present value of a $1,100 payment made every year forever when interest rates are 4.5 percent?
- What is the present value of a perpetuity paying $1500 each year, if the effective annual interest rate is a constant 12.68% per year?What is the present value of a perpetuity that pays $3,800 per year if the appropriate interest rate is 5%?What’s the present value of a perpetuity that pays $100 per year if the appropriate interest rate is 6%?