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Whatis the future sum of 1,900, given that it will be held in the bank for 25 years and earn 17 percent compounded semiannually?
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- What is the future value of $537 to be deposited today into an account paying 8.0% compounded semi- annually for two years?What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 6.4%, compounded semiannually, so that the account will have a future value of $100,000 at the end of 18 years? (Round your answer to the nearest cent.)What is the present value of an annuity that consists of 24 semiannual payments of $8000 at the interest rate of 8% per year, compounded semiannually? (Round your answer to the nearest cent.)
- If money is worth 2.07%, determine the present value of perpetuity of P 4,187 payable annually, with the first payment due at the end of five years. Solve and explain!If P44,873 is deposited each year for 6 years at an interest rate of 14.225% compounded semi quarterly, how much annuity can a person get annually one year after the last deposit for the next 5 years.What is the present value of receiving $1,000 at the end of each year for 6 years, assuming 7% interest compounded annually? What amount must be deposited at the bank today to grow to $300 in 5 years, assuming 14% interest compounded semiannually?
- What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?What is the present value of an annuity of P150,000 payable at the end of each 6-month period for 2 yea if money is worth 8% compounded semiannually?Suppose P1500 is deposited at the end of each year for the next 6 years in an account paying 8% interest compounded annually. Find the future value of this annuity.
- $360,000 is invested in a perpetuity at an interest rate of 5.2% per annum. a. Find the monthly payment that the perpetuity provides. b. After six years of monthly payments, how much money remains invested in the perpetuity?If $6000 is deposited at the end of each half year in an account that earns 6.5% compounded semiannually, after how many half years will the account contain $190,000? (Round your answer UP to the nearest half year.)What is the present worth of a 6-year annuity paying P3,000.00 starting at the end of five years, with interest at 8% compounded semiannually?
