y is equivalent to receiving $10,000 three years from today, if interest is compounded quarterly at the rate of 3.5% per quarter?
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What amount of money is equivalent to receiving $10,000 three years from today, if interest is compounded quarterly at the rate of 3.5% per quarter?
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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 amount of money is equivalent to receiving ₱5,000 two years from today, if interest is compounded quarterly at the rate of 2.5% per quarter?What sum of money now is equivalent to $9500 three years later, if interest is 3% per 6-month period?
- How much money will be in an account for 10 years from today if 20,000 is deposited today at a rate of 10% per year compounded monthly?What sum must be deposited today at 18 percent per year compounded monthly if the goal 5 years from today is to have a compound amount of $200,000? How much interest will be earned during this period?If interest is compounded semi-annually (twice a year), and the interest rate is 3% per 6 month period, what amount of money now is equivalent to receiving 10,000 two years from now?
- 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 value today of receiving six annual payments of $400,000, beginning one year from now, assuming a 10% discount rate?A payment of $35,000 is due today. What three equal payments, one in 2 years, one in 4 years, and one in 7 years, would replace the original payment? Assume that money earns 4.5% compounded quarterly. Round to the nearest cent
- What is the present value of annual payments of $2,000 for 12 years at 1 percent?What is the present equivalent of a uniform series of annual payments of 64000 USD each for six years if the interest rate, compounded continuously, is 9%?What is the value today of $4,800 per year, at a discount rate of 8 percent, if the first payment is received 7 years from today and the last payment is received 25 years from today?