14.If a principal of $700 amounts to $1100 after six years of investment, then what annual interest rate is being received?

Q: 3. What amount will an investment be worth in 25 years if quarterly payments of $1,750 are made and…

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

Q: .If $1000 is deposited at 12.5% p.a. for one year, what is the effective annual interest rate if…

A: Given, The amount deposited is $1000 The annual rate is 12.5%

Q: Using 12 percent simple interest per year, how much interest will be owed on aloan of $500 at the…

A: Interest Rate(R) = 12 Loan Amount(P)=$500 Years(T) = 2

Q: What annual interest rate will cause $21,000 to grow to $46,000 in seventeen years (assume annual…

A: Initial investment (I) = $21,000Final value (F) = $46,000Period (n) = 17 YearsAnnual interest rate…

Q: How long will it take for $4,000 to grow to $7,000 if the investment earns an interest rate of 16%…

A: Given information: Future value is $7,000 Present value is $4,000 Interest rate is 16% compounded…

Q: What is the present value of $14,000 to be received in one year if the interest rate is 8% p.a.? a.…

A: Using excel PV function

Q: continuously

A: Interest that is calculated on both the initial principal and interest earned is referred to as…

Q: What is the future worth (in year 10), of the following: with an interest rate of 10%

A: Future worth is the worth of the money which an invested by the investor today is going to receive…

Q: annually

A: The future value is a financial concept that calculates or shows the value of money in the future.…

Q: What is the effective annual rate of interest if $1100.00 grows to $1400.00 in four years compounded…

A: Principal amount (initial investment) (P)= $ 1100Future value of investment (FV) = $1400Number of…

Q: What interest rate compounded continuosly did a $15000 investment earn if it accumulated to $18000…

A: Given: Accrued Amount (A) = $18000 Principal Amount (P) = $15000 Time (t) = 5 years

Q: What is the present value of twelve annual payments of $5,000, starting today if the interest rate…

A: Annual payment = $ 5,000 Annual interest rate = 13% Number of annual payments = 12

Q: What is the annualized investment rate% on a Treasury bill that you purchase for $8000 that will…

A: T-bills refers to a debt securities or government bonds issued by the central bank on behalf of the…

Q: #15.3) Ryan takes out a 25 year loan of the amount V with payments of the loan yearly at years end.…

A: Given Information: Period of loan = 25 years Effective annual rate = 5%

Q: ume that time zero is now and the effective interest rate per year is 14%. 1. What is the present…

A: The given problem can be solved using PV function in excel. PV function computes present value for…

Q: 13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total…

A: given net sales = 57000

Q: What amount of money will mature to $63,750 in 3 years and 8 months at the interest rate of 6.75%…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…

Q: How much interest will be charged on P7,300 borrowed for three (3) years at a simple interest rate…

A: The simple interest method is a method where interest is calculated only on the principal amount…

Q: At what interest rate must $112,000 be invested so that it will be worth $392,000 in 14 years?

A: We use rate function to calculate interest rate

Q: 14. Suppose you invest $4000 in a Compound Interest account, at an APR of 3% for 10 years. What is…

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

Q: 3. What is the present value of a perpetuity of annual payments where the first payment is in forty…

A: The given problem deals with the concept of perpetuity. A perpetuity is a series of uniform cash…

Q: 7. With a present value of $135,000, what is the size of the withdrawals that can be made at the end…

A: according to bartleby guidelines, if multiple questions are asked , then 1st question needs to be…

Q: A6) Finance If $150 is placed in an account that earns a nominal annual interest rate of 6 percent,…

A: To calculate the future value we will use the below formula   Future value = P*[1+(r/m)]t*m Where P…

Q: (4) Calculate the total amount of money that would be accumulated if an amount of money of GH¢ 6,000…

A: An annuity is the sum total of all the periodic payments or investments made over the period of time…

Q: 37. What rate of interest compounded quarterly will yield an effective interest rate of 7%?

A: The effective rate of interest is the rate under which the normal rate of interest is compounded for…

Q: 6. a) What capital should be invested now at 12.69% annually, compounded every two months to have…

A: TVM refers to the concept that considers the effect of money's interest-earning capacity, which…

Q: 12. What sum must be invested now to provide an amount of OMR 40000 at the end of 18 years if…

A: Let the amount to be invested now = A Future amount after 18 years = OMR 40000 Interest rate (r) =…

Q: At what annual interest rate will $1,200 invested today be worth $2.500 in 12 years?

A: Total amount (A) = 2,500 Principal (P) = 1,200 Years (n) = 12

Q: 14. An investment earns an annual interest rate of 12 percent compounded quarterly. What is the…

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

Q: 6.​If the current value of $1000 received five years from now is $680.50, what is the ​assumed…

A: Annual interest rate refers to the rate that is being charged by the lender by the borrower on the…

Q: What is the present value (PV) of an investment that pays $200,000 every year (end - of - every…

A: Here,AnnuityPayment is $200,000Interest Rate is 5%Compounding Period is Quarterly i.eTime Period of…

Q: What is the present value of a loan that calls for the payment of OMR500 per year for six years if…

A: present value of annuity formula: PVA=A×1-11+rnrwhere,A=annuityr=raten=number

Q: If you borrow $15, 500 with a 5 percent interest rate to be repaid in seven equal payments at the…

A: Present value of annuity The present value of an annuity represents the current worth of a series of…

Q: 1. What is the future worth of a serios of equal deposits of $1500 for 10 years in a savings account…

A: Future Worth: It is the future value of annuity payments made over a period of time or the future…

Q: What is the present equivalent of $18094 to be received in 24 years when the interest rate is 5 %…

A: Present value (PV) is the current value of a future sum of money or stream of cash flows given a…

Q: How long would it take for a principal of P to triple if money is worth 6.5% compounded quarterly?…

A: The total worth of a series of equal, regular cash flows received or paid at regular intervals over…

Q: Assume that $464.03 invested today will grow to $8,106.65 at the end of 47 quarters. Determine the…

A: Initial investment=$464.03Future value=8106.65Period=47 quarters

Q: 14. An investment earns an annual interest rate of 12 percent compounded quarterly. What is the…

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

Q: What is the annualized investment rate% on a Treasury bill that you purchase for $8000 that will…

A: T-bills refers to a debt securities or government bonds issued by the central bank on behalf of the…

Q: If you deposit $1000 in one year, $2000 in two years, and $3000 in three years, how much will you…

A: Future value (FV) is the value of an investment or cash flow at a specific point in the future,…

Q: What would you pay for an investment that pays you $34000 at the beginning of each year for the next…

A: Given: Rate of investment (r) = 11% = 0.11 Annuity (A) = 34000 Time period = 10 years

Q: 14. If a principal of $700 amounts to $1100 after six years of investment, then what annual interest…

A: Using excel RATE function

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.